Thursday, July 21, 2011

Westbrook Maine 2nd Quarter 2011 Housing Update

For the second quarter of 2011 the residential home market of Westbrook Maine has seen a 47% decrease in transaction volume. 31 homes sold this quarter in Westbrook compared to the 58 a year prior in the 2nd quarter. This decrease can largely be accounted for by last year’s tax credits for home buyers. Since the 2nd quarter of 2010, Westbrook home prices have decreased by 15%, to an average of 154K.

There is plenty going on this summer in Westbrook. The Westbrook Community Center hosts programs for children and adults alike. Adult health and fitness classes even include a Zumba® class for a cardio workout with Latin rhythms. Drop-ins are welcome, so check out the Westbrook Community Center.

This housing report was compiled by John Herrigel with – for Westbrook homes and residential real estate through coastal and southern Maine. To learn more about Westbrook real estate, contact John Herrigel directly at 207-650-5383 or via email at

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