Friday, February 17, 2012

Feb. 2012 Phippsburg ME Housing Update

In the residential housing market of Phippsburg Maine, just 2 homes sold during the month of January 2012. This was a 100% increase in inventory sold, both month over month and year over year. The average number of days on the market for homes in Phippsburg sold in January was 104 – down 57% from last month. The median price point for Phippsburg homes was 378K, which was up 10% compared to the same time frame in the 2011 year.

The small town of Phippsburg has a limited number of homes on the market at any given time. Inventory has been up, with 52 homes for sale as of the beginning of February. To learn more about what makes Phippsburg a great mid-coastal Maine town to call home and learn more about the Phippsburgreal estate market, visit the Herrigel Group on facebook or contact John Herrigel directly by phone at 207-650-5383 or by email at

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