Thursday, July 21, 2011

2nd Quarter 2011 Yarmouth Maine Housing Update

The housing market in Yarmouth, ME has increased in median price to 299K for an 18% gain in the 2nd quarter of 2011 compared to 2010 numbers. Although 38 homes were sold in the second quarter last year, just 24 homes sold this quarter so transaction volume decreased by 37%. The number of homes that have sold has been lower this quarter, but this reflects the success of last year’s tax credit program for home buyers – transaction volumes are more similar to 2009.

To learn more about Yarmouth, ME visit the Merrill Memorial Library. The town library is a great place to start your research on what makes any town unique, and the Yarmouth library offers many interesting resources.

This quarterly housing report about Yarmouth, ME has been compiled by John Herrigel a local Maine broker with the Herrigel Group – MyMaineProperty.com. To learn more about Yarmouth Maine homes for sale, contact John Herrigel directly at 207-650-5383 or via email at johnherrigel@gmail.com

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