As Fall move forward, the South Portland real estate markets posted strong numbers for the month ending September 2009. 38 transactions transpired, up 7% from 2008. The median sales price for these transactions was 186K, down 7% from 2008. In the greater Portland region, sales prices are down on average about 10% thus showing that the South Portland market is strong. Many first time home buyers coupled with a little cheaper prices compared with real estate in Portland I feel are the major contributing factors to the sold figures.
Please click here for more information on South Portland Maine Homes for sale.
Thanks for reading,
John Herrigel
Green Tree Buyers Agent