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

Brunswick Maine Housing Report May 2010

For the month ending May 2010 the Brunswick ME real estate housing market saw 24 single family homes and condos sell at a combined median price point of 189K with each home sitting on the market for a median days on market of 112. In April 20 homes illustrating the regional trend of stabilization we are seeing. Year over year 10 homes sold in May 2009 at a median sales price of 184K representing a huge volume increase of 140% and pricing of 3%.

This report was compiled by John Herrigel, a local real estate agent with Green Tree Realty. For additional information on the Freeport real estate market please reach out anytime at 207-650-5383 or john@greentreemaine.com

Westbrook Maine Housing Report May 2010

The Westbrook Maine residential real estate market saw 19 transactions close in May 2010 up 36% from May 2009 and up 19% from April of this year. Median pricing clocked in at 168K, down 5% from 2009 and 9% from April. Despite this price drop the Westbrook housing is continuing to improve and stabilize.

This report was compiled by John Herrigel, a local 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