South Portland Maine August 2010 Housing Report

The month of August saw 28 residential properties sell at a median price point of 198K in South Portland Maine. This represents a 15% volume increase from the 18 that sold in August 2009 and an increase of 16% in prices. Both the days on market and inventory levels in August held relatively steady in South Portland as well. Overall the market fared much better in August than Portland which saw a 2% decrease in volume in the month of August.

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

Bath Maine Housing Report August 2010

The residential real estate markets of Bath Maine saw 4 transactions take place at a median sold price of 105K after sitting on the market for 86 days in August 2010. This represents a volume and pricing decrease over August 2009 of 50% and 30% respectively. Like most regions in mid coastal Maine.. the markets were slow throughout the summer months.

Thanks for reading about the mid coastal Maine real estate markets. My name is John Herrigel and I am a local real estate agent with Green Tree Realty. Feel free to contact me directly at 207-650-5383 or via email at john@greentreemaine.com for more information and specific listings.

Westbrook Maine Housing Report August 2010

The Westbrook Maine residential real estate market saw 10 transactions close in August 2010, down 41% from August 2009 and down 41% from July of this year. Median pricing clocked in at 196K, up 6% from 2009 and up 26% from July 2010. Prices in Westbrook continue to stabilize, but the summer season was very sluggish compared with the strong Spring we experienced.

This report was compiled by John Herrigel, a local Southern ME real estate agent with Green Tree Realty. For more info on the local Westbrook Maine real estate markets please contact me directly at 207-650-5383 or via email at john@greentreemaine.com