For the month ending November 2009 the coastal markets of Georgetown and Phippsburg Maine saw just 3 transactions occur at a median price of 265K. This contrasts with 1 transaction in November 2008. These coastal maine real estate communities have continued to remain slow throughout the beginning of the housing recovery as a large portion of home sales in the region are 2nd home purchases, a market segment that continues to lag.
Thanks for reading about Georgetown and Phippsburg ME real estate. For more information please visit my website www.mymaineproperty.com or contact me directly at 207-650-5383 or john@greentreemaine.com
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