Mid Coastal Maine Housing News and Waterfront Real Estate » coastal maine housing report

2011 Real Estate Wrap-up for Falmouth Maine

admin — Tue, 24 Jan 2012 16:29:48 +0000

The Falmouth ME housing market saw a total of 152 homes sold during the past year. This was an 11% decrease in sales from the 2010 year, with 170 homes sold during the 2010 year. Overall, inventory for homes for sale southern Maine has been decreasing in recent months, and this is true of Falmouth. Homes in Falmouth sold at a median price of 382K, 4% lower in price than during the 2010 year.

To learn more about Falmouth Maine real estate and southern Maine property listings, please visit the Herrigel Group at online at myMaineProperty.com. The Herrigel Group can in helping you find the best in real estate of the greater Portland area and coastal Maine. To reach John Herrigel directly call 207-650-5383 or email johnherrigel@gmail.com

Phippsburg Maine Nov Housing Update

admin — Tue, 06 Dec 2011 21:37:58 +0000

In Phippsburg ME a total of 2 homes were sold in the month of October. This represents a 33% drop in transaction volume year over year, although it is not possible to draw accurate meaning from such a small sample size. The median price of Phippsburg ME homes for sale has risen to 420K. The average number days on the market for properties in Phippsburg has decreased since last year.

This housing update for Phippsburg homes has been brought to you by the Herrigel Group – specializing in coastal Maine real estate. To learn more about what is going on in the Phippsburg Maine housing market, reach out to John Herrigel: call 207.650.5383 or email John at johnherrigel@gmail.com

Bath Maine 3rd Quarter Housing Update

admin — Fri, 14 Oct 2011 14:34:21 +0000

For the 3^rd Quarter of 2011, the Bath Maine residential real estate market saw a 31% increase in transaction volume. With a total of 21 homes sold during this quarter, the town of Bath had an above average increase in sales for the region – coastal and southern Maine generally saw an approximately 20% increase in sales. Prices in Bath dropped 16% year over year, to 122K although through coastal Maine pricing was stable. List to sales ratio in the area has been around 97%, thus if priced properly a home in Bath should sell at fair market value.

Want to learn more about the art and culture of the town of Bath? Check out Markings Galley on Front St. in Bath to see the creations of contemporary local artists. For more information on real estate in Bath Maine check out mymaineproperty.com – The Herrigel Group specializes in coastal Maine homes for sale. For direct contact about Bath listings, contact John Herrigel by email at johnherrigel@gmail.com or by phone 207-650-5383

Housing Report for Yarmouth ME, August 2011

admin — Tue, 30 Aug 2011 20:36:03 +0000

The Yarmouth Maine residential real estate market has seen an increase in sales in July, year over year. A total of 22 homes were sold in Yarmouth through the month of July – this was a 100% increase since June of this year. Median price has increased by 5% year over year to 301K for July. Regionally, stable markets in southern ME led by lower interest rates make Yarmouth one of many great towns to relocate.

Want to try something different? Visit the Different Drummers Drum Circle in Yarmouth ME for free style community drumming, singing, dancing and more.

This housing update has been compiled by John Herrigel, a southern Maine broker with the Herrigel Group at www.MyMaineProperty.com To learn more information about Yarmouth Maine real estate and real estate in southern Maine contact John by phone at 207-650-5383 or via email johnherrigel@gmail.com

2nd Quarter 2011 Bath Maine Housing Report

admin — Mon, 25 Jul 2011 19:43:14 +0000

The Bath ME residential real estate market has risen 8% in median price, going from 134K in 2010 to 145K this year. 26 homes were sold in the second quarter of this year compared to the 34 homes that sold in the 2^nd quarter of 2010 for a 24% decrease in transaction volume. This year’s lower sales volumes show the success of last year’s tax credit program for home buyers, with transaction volumes in 2011 more similar to the 2009 year.

Looking for some entertainment in Bath, Maine? Check out Friday Night Jazz at Solo Bistro in downtown Bath. Friday Night Jazz events will be held each Friday this summer from 6:30 – 9:30pm, so be sure to check out the music and local flavors.

This quarterly housing update has been compiled by John Herrigel a local Maine broker for MyMaineProperty.com – the Herrigel Group. For more information about coastal Maine real estate contact John Herrigel directly at 207-650-5383 or via email at johnherrigel@gmail.com

Brunswick, Maine 2nd Quarter 2011 Housing Report

admin — Fri, 08 Jul 2011 15:06:24 +0000

In the second quarter of 2011, the Brunswick Maine residential markets saw a decrease in transaction volume compared to the second quarter of 2010. This 34% decrease in sales volume is largely attributed to the success of last year’s home buyer tax credit program, which bolstered last year’s sales statistics. The median price of homes in Brunswick this quarter was 209K down from 216K the year prior by 3%. Overall, the market remains fairly stable, with transaction volumes more similar to those in 2009.

Visit the town of Brunswick this summer to learn more about this unique midcoast Maine town. All summer long, Music on the Mall concert events will be held by the Brunswick Downtown Association on Wednesday nights – listen to musicians and have a picnic.

This report has been provided by John Herrigel a Maine real estate broker with Green Tree Realty and the Herrigel Group. To learn more about southern and coastal Maine properties for sale visit MyMaineProperty.com or contact John directly at 207-650-5383 or via email at johnherrigel@gmail.com

June 2011 Housing Report for Bath Maine

admin — Wed, 22 Jun 2011 19:37:50 +0000

As with many towns on Maine’s coast, Bath has seen a sizable increase in residential real estate inventory this month. In May 2011, 89 homes in Bath were up for sale, but at the beginning of June, a total of 106 homes are now available. 9 homes were sold in May 2011. This is a 36% decrease yearly, but an 80% increase month over month. The yearly lower sales may still reflect the residual effects of last year’s tax credit program, but there is overall improvement. The average number days a home will remain on the market were 41 for April of this year, and 40 for this month so this reflects little change.

Want to learn more about Bath? Visit the Maine Maritime Museum to learn more about the area’s history. For more information on housing in Midcoast Maine visit www.mymaineproperty.com or contact John Herrigel directly at 207-650-5383 or johnherrigel@gmail.com

Harpswell Maine May 2011 Housing Report

admin — Fri, 20 May 2011 19:39:19 +0000

For the month ending April 2011 the Harpswell housing market saw 6 homes sell at a median price point of 319K. A year prior just 8 homes sold in April and in March of 2011 only 5 homes sold thus this coastal Maine real estate market continues to remain modest. In April this year, the median number of days on the market a home would remain was just 73 – down 68% from April 2010. There are more houses and condos entering the market, with 116 available beginning the month of May, up from an inventory of 104 a month earlier, so the market is getting a boost from warmer weather.

To learn more information about the community of Harpswell ME or on coastal Maine homes for sale please visit www.mymaineproperty.com, or contact John Herrigel directly at 207-650-5383 or via email at john@greentreemaine.com

Bath Maine Housing Report May 2011

admin — Fri, 20 May 2011 18:48:03 +0000

For the month ending April 2011 the Bath housing market saw 5 single family homes and condos sell at a median price point of 166K with each home sitting on the market for a median days on market of 41. This represents a stable number in month over month transaction volume and median prices were up 11% year over year. There is still a lower inventory of housing on the market compared to 2010, although the past few months reflect more houses coming available as spring warms.

This report was compiled by John Herrigel with the Herrigel Group, a local real estate broker with Green Tree Realty. For additional information on relocating to Maine’s southern midcoast region or real estate in Maine please reach out anytime at 207-650-5383 or john@greentreemaine.com

Freeport Maine Housing Report May 2011

admin — Wed, 04 May 2011 23:34:07 +0000

The Freeport Maine residential real estate market saw 5 transactions close in April 2011. This was a statistical decrease of 29% compared with April 2010, although this may be a reflection of the success of the previous year’s first time buyer tax credit program. This year, sales were up 67% from March to April 2011 as the weather became warmer. Median prices in Freeport have risen from 195k in March to 380k in April this year, although this 95% monthly or 49% yearly jump comes from a small sample size.

This report was compiled by John Herrigel with the Herrigel Group, a local real estate broker with Green Tree Realty. For more info on the local Freeport Maine real estate markets please contact me directly at 207-650-5383 or via email at john@greentreemaine.com. For more information about Freeport Maine, visit the Town of Freeport online.