Thursday, August 25, 2011

Westbrook Maine August 2011 Housing Update

The market for homes in Westbrook ME has seen a decrease in inventory on the market year over year. In July 2010, a total of 154 homes were on the market, while in July 2011 just 102 homes were on the market. There was a 29% decrease in homes sold year over year, with 12 transactions in July 2011. Median price has risen 43% year over year to 221K in July 2011. Stable markets in southern Maine led by lower interest rates make Westbrook a great place to relocate.

This housing report has been compiled by John Herrigel, a southern Maine broker with the Herrigel Group - specializing in homes for sale in southern and coastal ME. For more info about Westbrook Maine homes for sale visit or contact John directly by phone at 207-650-5383 or by email

No comments:

Post a Comment