The Scarborough ME housing market posted average results in January as this market slowed down like much of the greater Portland real estate markets have done this winter. 11 residential transactions took place, down 8% year over year and 27% month over month. The median sold price clocked in at 294K which is almost identical to where it was in 2009.
For more information on real estate in Scarborough Maine please visit www.mymaineproperty.com or feel free to contact me directly at 207-650-5383 or via email at john@greentreemaine.com
Monday, February 28, 2011
South Portland Maine February 2011 Housing Report
The month of January saw 10 residential properties sell at a median price point of 222K. This represents a 9% volume decrease from the 11 that sold in January 2009 and an decrease of 23% from the number that sold in December. Pricing statistically was up 14% year over year, but this can be misleading and overall the market in housing market in South Portland remains stable.
For more information on southern ME real estate please visit www.mymaineproperty.com or feel free to contact me directly at 207-650-5383 or via email at john@greentreemaine.com
For more information on southern ME real estate 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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