Portland Maine Housing Update - October 2009

Posted Nov 4, 2009 @ 6:37 am, Viewed by 123 Visitors, Read 125 Times.

The Portland Maine real estate markets saw great transaction volume, but more of the same pricing decreases year over year.  for the month of October 2009.  49 residential properties traded hands with a median price point right around 200K, representing a volume increase year over year of 26% and a pricing decrease of 9% which is similar to previous months. The median price for real estate in Portland Maine has hovered around 200K since June of this year.  Volume each month has remained fairly volatile with large swings both ways.  The median days on market has remained between 40 and 50 since last spring.

Thanks for reading,

John

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johnherrigel

johnherrigel Hello and welcome to Maine, "the way life should be." My name is John Herrigel and I am a motivated, energetic, focused real estate agent who works primarily with buyers of all walks of life, many around my own age of 28 so a lot of first time home buyers but also a lot of baby boomers looking for a 2nd home or relocate to the area. Read More

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