For the year ending 2009 the Sagadahoc Maine real estate markets saw 335 transactions transpire at an average sales price of 188K compared with 2008 that saw 289 homes and condo’s sell at an average price of 205K thus representing a volume increase of 16% and a pricing decrease of 8%. The inventory level for the region remains low however and hopefully the first time home buyer tax credit coupled with continued low interest rates will help propel this market and many others forward in the first half of 2010.
For more information on real estate in the greater Portland ME real estate housing market please visit www.mymaineproperty.com or feel free to contact me directly at 207-650-5383 or via email at john@greentreemaine.com
Thanks to the Maine Association of Realtor's and MREIS for the housing data.
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