Wednesday, May 4, 2011

Freeport Maine Housing Report May 2011

The Freeport Maine residential real estate market saw 5 transactions close in April 2011. This was a statistical decrease of 29% compared with April 2010, although this may be a reflection of the success of the previous year’s first time buyer tax credit program. This year, sales were up 67% from March to April 2011 as the weather became warmer. Median prices in Freeport have risen from 195k in March to 380k in April this year, although this 95% monthly or 49% yearly jump comes from a small sample size.

This report was compiled by John Herrigel with the Herrigel Group, a local real estate broker with Green Tree Realty. For more info on the local Freeport Maine real estate markets please contact me directly at 207-650-5383 or via email at For more information about Freeport Maine, visit the Town of Freeport online.

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