Friday, June 25, 2010

Scarborough Maine Housing May 2010

The southern ME housing market of Scarborough posted very strong results in the month of May 2010. 30 residential transactions took place compared with 17 in May 2009 representing a 76% volume increase year over year. The median sold price clocked in at 300K compared with 315K a year prior and 283K a month prior. The current inventory level hovered around 160 residential units.

For more information on real estate in Scarborough please visit www.mymaineproperty.com or feel free to contact me directly at 207-650-5383 or via email at john@greentreemaine.com

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