All Categories

A total of 11 condos sold in the Portland during January 2012. This was a 31% decrease in the number of homes sold compared to the previous year. Alternately, it was a 57% increase in sales volume since December 2011. The median price point for condo sales was 180K, down 15% from one month earlier. The average number of days on the market for Portland condos was 37 days – down 38% from last year in January. Looking forward to Valentine’s Day in Portland? Less than a week away, now is the ... Read Full Post

The residential real estate market in the town of Harpswell Maine saw a total of 73 homes sold during 2011. This reflected a 16% decrease in sales volume from 2010 levels, with 87 homes sold in the 2010 year. Harpswell Maine real estate sold at a median price of 332K during 2011, a 4% lower price than during the 2010 year. To learn more about Harpswell real estate and other coastal Maine homes, visit the Herrigel Group website at myMaineProperty.com. The Herrigel Group is dedicated to helping... Read Full Post

During 2011, 127 homes were sold in Cape Elizabeth Maine. This was a 5% decrease in sales volume from the previous year, although it was an increase compared to 2009. Homes decreased in value to a median of 354K for the year – down from 359K in 2010, although the 2009 average was a lower 302K. Days on the market are about the same as during the 2009 year, although up slightly from 2010. This year has seen a decrease in available inventory – just 66 homes are available in Cape Elizabeth fo... Read Full Post

As the 2012 year begins are you still looking for a New Years resolution? Buying a home in Maine’s greater Portland area can be a great way to invest in your future. Many excellent single family homes and condos are available and appreciating. There are a number of small condo associations and a few larger luxury condo associations in the area, such as Portland House Luxury Condos in the East End neighborhood. For the latest information about downtown Portland condos and homes listed in Por... Read Full Post

The picturesque coastal Maine town of Boothbay Harbor is rich in maritime history and culture. Traditional occupations such as lobstering, fishing, and shipbuilding have dated back to the 1700s and remain popular. Through the past year, homes in Boothbay Harbor have sold at an average of 250K. Boothbay Harbor Maine homes are priced at an average of 327K, with waterfront homes pricing higher at an average of 588K. Located in Maine’s mid-coast region on a peninsula between the Sheepscot and D... Read Full Post

The Phippsburg Maine housing market saw 3 homes sold during the month of November 2011. This was an identical sales volume compared to last year at this time, and an increase month over month. The average price for Phippsburg Maine homes for sale which were sold in November was 283K, which was a 33% increase compared to November 2010. The average number of days on the market for homes that sold in Phippsburg was 137. This coastal Maine housing update is brought to you by the Herrigel group. T... Read Full Post

A total of 32 houses sold in Portland Maine during November 2011. This was a 14% increase in sales volume compared to last year at this time. The median price for Portland single family homes sold in November was 202K, a 2% higher average price than November 2010. The average number of days on the market for homes that sold in Portland was 81. To see the Portland in all its historical charm, check out the Victoria Mansion Deck the Halls holiday tour running now through Jan. 8th in Portland fo... Read Full Post

For the month of October, 10 homes sold in Falmouth ME. This represents a 67% increase in transaction volume year over year. Inventory is up slightly month over month, but down since last year at this time with 154 homes for sale in October. The average price of Falmouth Maine real estate decreased year over year from 391 to 388K. Average days on the market for properties in Falmouth have also decreased. This housing update for Falmouth Maine homes has been brought to you by the Herrigel Grou... Read Full Post

Portland’s Chestnut Lofts condominiums each feature stylish open concept interior, a rarity in Portland. Units have concrete floors, and have been customized by owner to include half walls and partitions. This convenient location in Downtown Portland is within walking distance of all key points in the city, but it also includes on-site parking. Condos at Chestnut Lofts range in size and price, from the 200K to 500K, with a median price of 260K. Chestnut Lofts condos offer a variety of optio... Read Full Post

During the month of October, housing inventory in Portland ME dropped. In the previous month there were 394 homes for sale, with 49 sold. In October only 377 homes were available, with a total of 58 sales transactions. Sales are up 71% compared to the October 2010 levels. With a median price of 220K, there has been slow but steady appreciation of home values in Portland. It is an excellent time to check out a home or investment property in one of Portland’s growing neighborhoods such as the... Read Full Post