Tuesday, November 16, 2010

South Portland Real Estate Market Update - October

The South Portland Maine Real Estate Market had 15 home sale transactions take place last month in October. These sales had an average price of 180K with a median days on market of 19. This average 19 days on the market reflects a 46% decrease from September and a 34% decrease from last October. October 2010 was a very successful month for South Portland Homes for Sale. South Portland Maine had more sales then Cape Elizabeth, Falmouth and Freeport put together for this past month. The average sales price of October represents that the there may be a stabilizing in the South Portland Maine Real Estate Market. This median sales price for South Portland Maine down a small 3% from September of this year.

For more info on the Greater Portland Maine real estate listings please contact John Herrigel at 207-650-5383 or via email at john@greentreemaine.com

No comments:

Post a Comment