Tuesday, December 28, 2010

November 2010 Bath Maine Housing Update

Homes in Coastal Maine are always a prime location to purchase real estate. One of the best coastal towns, in my opinion, to purchase real estate is Bath, Maine located on the Kennebec River. This past month Bath Maine homes for sale saw 11 transactions take place. These 11 homes had a median days on the market of 84, a pretty consistent number when looking back on 2010, where the 3rd quarter finished with an average of 74 days as the median day on market. The median price point for November 2010 reflected a rise when compared to the 1st, 2nd and 3rd quarter averages that finished at 117K, 134K and 145K respectively. However due to the small sample size and that October 2010 finished with a low of 116K as the average price point, I feel that the 4th quarter will post similar final numbers.

For more information on Bath Maine real estate please contact John Herrigel with Green Tree Maine at john@greentreemaine.com or via the web at www.mymaineproperty.com

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