November 2010 Bath Maine Housing Update

Homes in Coastal Maine are always a prime location to purchase real estate. One of the best coastal towns, in my opinion, to purchase real estate is Bath, Maine located on the Kennebec River. This past month Bath Maine homes for sale saw 11 transactions take place. These 11 homes had a median days on the market of 84, a pretty consistent number when looking back on 2010, where the 3^rd quarter finished with an average of 74 days as the median day on market. The median price point for November 2010 reflected a rise when compared to the 1^st, 2^nd and 3^rd quarter averages that finished at 117K, 134K and 145K respectively. However due to the small sample size and that October 2010 finished with a low of 116K as the average price point, I feel that the 4^th quarter will post similar final numbers.

For more information on Bath Maine real estate please contact John Herrigel with Green Tree Maine at john@greentreemaine.com or via the web at www.mymaineproperty.com

November Real Estate Update for Yarmouth, ME

Homes for sale in Yarmouth Maine had an average sales month in November when compared to the yearly numbers. There were 9 homes sold out of an inventory of 82. These homes had a median days on the market of 198. This seems like a very high number but due to the small sample size we must take this number with a grain of salt. The average price point for homes sold in November was 240K. A 16% decrease from October 2010 and a 3% increase from November 2009. Real Estate in Yarmouth Maine continues to prove itself as one of the top priced real estate markets in the greater Portland Maine area as its average price point is well above the neighboring towns of South Portland and Westbrook.

For more information on homes for sale in Yarmouth Maine please contact John Herrigel, a local real estate agent with Green Tree Maine. John can be reached at john@greentreemaine.com or through his website at www.mymaineproperty.com

Real Estate in Phippsburg, ME November 2010 Update

Phippsburg Maine is a small coastal town located Sagadahoc County. The real estate market for Homes for Sale in Coastal Maine is always interesting to take a closer look at. Phippsburg Maine Real Estate is looking to set a very consistent record for the second half of 2010. The past 5 months have seen 3 homes sell each month. This past month in November had the median price rising compared to October 2010 but overall it saw a decrease compared to the 277K median price point of the third quarter and the 240K ending median price point of 2009. This past month of November had a median days on the market of 36, a significant decrease compared to the average of 108 and 140 in the second and third quarters of 2010.

For additional information on homes for sale in Phippsburg Maine please reach out to me directly via email at john@greentreemaine.com or via my website at www.mymaineproperty.com