The Falmouth Maine residential housing market saw 12 residential transactions take place in April 2011, down from 17 in April 2010. This reflected a 20% month over month increase and 29% year over year decrease in sales. The median price in April 2011 was 356K compared with 415K in April 2010 although this reflects a small sample size more than of actual price depreciation; in fact April 2011 saw a gain from a 317k average price in the first quarter this year.
As home owners prepare for warm weather of the summer season, more homes are going on the market in May. With spring in the air, Falmouth has wonderful places to enjoy the sunshine. Just around town, or visit the Falmouth Nature Preserve, where you dog is welcome to hike with you!
For more information on real estate in southern Maine please visit www.mymaineproperty.com or feel free to contact me directly at 207-650-5383 or via email at john@greentreemaine.com
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