Yarmouth ME January 2010 Real Estate report

For the month ending January 2010 residential real estate in Yarmouth Maine had no transaction take place relative to only 2 a year prior in January. Like many regions the holiday season couple with winter hibernation resulted in a very slow market. Lately though activity in the entire region has significantly picked up and watch for much better figures in the coming months. Currently inventory is holding steady at 59 homes on the market.

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

Westbrook ME real estate report

For the month ending January 2010 the Westbrook Maine real estate housing market saw just 5 single family homes and condo sell at a combined median price point of 228K with each home sitting on the market for a median days on market of 24. This represents a 50% decrease in volume from January 2009, but median prices year over year were up 23% and the days on market median was down 81%. Overall there continues to be a trend of stabilization in Westbrook markets despite the large fluctuations seen this past month.

To get more information on real estate in southern Maine please visit www.mymaineproperty.com, contact me directly at 207-650-5383 or via email at john@greentreemaine.com

Freeport Maine Housing Report Jan 2010

The residential real estate markets of Freeport Maine saw just 2 transactions take place at a median sold price of 520K and a median days on market of 81 in January 2010 contrasting with 0 homes selling in January 2009 and 4 in Decembe. This represents a transaction volume decrease of 50% and a pricing decrease of 7%. This coastal/southern Maine housing market does continue to see signs up improvement looking back over the past few quarters of statistics.

For more information on this wonderful coastal Maine housing community please visit www.mymaineproperty.com, contact me directly at 207-650-5383 or via email at john@greentreemaine.com

South Portland Real Estate Report 2010

For the month ending January 2010 South Portland saw 11 transactions occur at a median price of 194K. This contrasts with only 7 transactions occurring at a median price point of 218K in January 2009. The large volume increase, 57% year over year has been helped along by the historically low interest rates and Maine first time home buyers entering the market.

Thanks for reading about South Portland Maine real estate. For more information please visit my website www.mymaineproperty.com or contact me directly at 207-650-5383 or john@gr

Sagadahoc Maine real estate 2009 Report

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.