November 2009 Phippsburg and Georgetown Housing Report

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

Bath Maine Real Estate Report Nov 2009

For the month ending November 2009 the Bath Maine housing market saw 10 single family and condo residential transactions occur at a combined median price of127K with each home sitting on the market for a median of 29 days. This represents a volume increase of 100% from November 2008 when a total of 5 homes sold in Bath. On a month over month basis transaction volume and pricing were down just a bit.

To get more information on this Coastal Maine real estate community please visit www.mymaineproperty.com, contact me directly at 207-650-5383 or via email at john@greentreemaine.com

The Cape Elizabeth real estate markets saw 6 transactions take place at a median price point of 378K after sitting on the market for a median days on market of 97. This contrasts with 9 homes sold at a median price after sitting on the market 97 days as well in November 2008. The Cape market had a very strong October with 13 sales closing and overall this market has remained stable and continues to improve.

For more information on this Southern Maine housing community please visit www.mymaineproperty.com, contact me directly at 207-650-5383 or via emai