Mid Coastal Maine Housing News and Waterfront Real Estate » maine coastal real estate

Town Feature: Woolwich Maine

admin — Sat, 07 Jan 2012 19:41:26 +0000

Woolwich is a Maine town located to the east of the city of Bath, across the Kennebec River. It is sometimes considered a suburb of Bath, and is considered part of the Portland metro area with an approximately 45 minute drive to the city of Portland. The town of Woolwich has a little below 3,000 residents. In this coastal Maine community homes have sold at an average of $169K during the 2011 year.

First settled in 1638, Woolwich Maine is more than just a suburban of Bath. The area has a rich history and is the location of many traditional businesses both of maritime origin as well as timber frame builders, potters, farmers, and many others. Woolwich is about 12 miles from the Atlantic Ocean, although the center of town is bordered by water. This Sagadahoc county town is located near Merrymeeting Bay, in which 5 rivers combine before merging with the sea.

For the more information about Woolwich ME real estate listings, visit Mymaineproperty.com – the Herrigel Group are experts on and coastal Maine homes for sale. For fastest response, contact John Herrigel at 207-650-5383 or email John at JohnHerrigel@gmail.com

Town Feature: Damariscotta Maine

admin — Tue, 03 Jan 2012 16:39:20 +0000

The coastal town of Damariscotta Maine is positioned at the end of the Damariscotta River, as it meets the Great Salt Bay. Part of mid-coast region, Damariscotta is in Lincoln county. It is connected to the neighboring village of Newcastle by a bridge crossing the Damariscotta – these towns are sometimes called the Twin Villages. Damariscotta is located along route 1 about an hour’s drive from Portland ME.

The coastal town of Damariscotta Maine has a rich history since colonial times, and currently provides modern conveniences and utilities in its old fashioned village setting. This is a tourist-friendly area as well as the year-round home of residents who enjoy the close relationship with the natural world that this area provides.

To learn more about real estate in Damariscotta ME, and current real estate listings in this great coastal Maine community, visit the Herrigel group at myMaineProperty.com or contact John Herrigel by phone at 207-650-5383 or by email at johnherrigel@gmail.com

Town Feature: Freeport Maine

admin — Fri, 16 Sep 2011 13:53:32 +0000

Freeport is situated on the shore of Casco Bay, and is surrounded by beautiful wilderness areas and parks. Famous for outlet shopping and known world-wide as the home of sporting goods giant L.L.Bean, Freeport Maine possesses a combination of rural and urban characteristics that make it a highly desirable location on the Maine coast. With historic roots dating back to the state of Maine’s separation from Massachusetts in 1820, the village of Freeport is known as the “Birthplace” of Maine.

The town of Freeport ME is known for its community oriented local population. Located just 20 minutes north of Portland ME, the town of Freeport can be an excellent place to live and work or a great commutable option for those working in the Portland area. The current median price for homes and condos in the picturesque Maine village of Freeport is around 278K.

For more information on homes for sale in the historic village of Freeport and its surrounding area visit the Herrigel Group – specializing in coastal and southern Maine homes for sale. To address your specific enquiries about homes in the greater Portland area, contact John Herrigel directly by phone at 207-650-5383 or via email JHerrigel@greentreemaine.com

Harpswell April 2011 Home and Condo Report

admin — Fri, 29 Apr 2011 19:56:11 +0000

For the month ending March 2011 the Harpswell housing market saw 5 homes sell at a median price point of 225K. This represents a 150% increase in the number of sales from February of this year, but with just 2 homes sold a year prior in February 2010, this modest coastal Maine real estate market has increased reflecting a limited amount of data.

As spring blossoms, the 2^nd home buyer market may continue to climb which will help the region. To find out about local buzz in the Harpswell economy, visit the Harpswell Maine Business Association. To get more information on Harpswell homes for sale please visit www.mymaineproperty.com, check out the Maine Real Estate blog, or contact me directly at 207-650-5383 or via email at john@greentreemaine.com

Mid Coastal Maine 2010 Year in Review

admin — Tue, 01 Mar 2011 19:01:56 +0000

As the winter snow keeps falling here in Maine here is a quick analysis of how the mid coastal Maine housing markets fared in 2010. Overall things remain slow, but stable. The 2 mid coastal counties that I follow, Sagadahoc and Lincoln, posted a combined 673 residential transactions completed in 2010 compared with 653 in 2009 and 622 in 2008.

The median sales price for real estate in Sagadahoc County clocked in at 165K in 2010 compared with 164K in 2009, whilst in Lincoln county the median sales price was 191K compared with 165K in 2009.. a significant increase, however, more the result of shifting buyer demographics and not so much of real price appreciation.

Going forward I expect to see continued slower conditions as the winter comes to an end, but many active buyers are close to pulling the trigger and if the greater economy as a whole can continue to stabilize..watch for an overall very healthy 2011 season.

Yarmouth Housing Update – November 2010

admin — Fri, 24 Dec 2010 13:05:31 +0000

Yarmouth Maine homes for sale had an inventory of 82 homes for sale this past November and saw 9 sales take place. These sales had a median days on the market of 198 the highest number seen all year. However due to the small sample size one cannot put to much weight on this month’s number. Looking at the past 3 quarters the average days on market was between 65-80 and the 4th quarter will mostly like end within this bracket. Yarmouth real estate had an average price point of 245K this month reflecting a small increase from the previous years average price and a small decrease from this year’s third quarter numbers. Yarmouth Maine is still voted one of the best places to live in Maine and because of this the prices and homes sold will most likely not see large fluctuations when looking back on the 2010 numbers.

To view current Yarmouth Maine Real Estate listings within an easy to use, map based, graphical format. Simply click on the red “Search” button in the lower right to add additional criteria or please feel free to contact, Real Estate Agent, John Herrigel at john@greentreemaine.com for a customized listing report.

November 2010 – Freeport, ME Real Estate Update

admin — Wed, 15 Dec 2010 14:15:24 +0000

Freeport Maine is located on the shores of beautiful Casco Bay, only 15 miles north of Portland, Maine. Freeport always tends to draw a lot of attention when people start viewing Maine coastal real estate for sale. This past month Freeport Maine real estate market had a similar month compared to this past October and September. With only 4 homes being sold it continues to post a decrease in the number of houses sold compared to last year. It finished the month of November with a median price point of 330K and a median days on market of 45. Compared to the first three quarters of the year this average price has increased while the average days on the market has decreased. This would have you think that the market for Freeport, Maine real estate is beginning to rise but it will be interesting to see the average numbers that are posted at the end of this quarter.

To view current Freeport Homes for Sale within an easy to use, map based, graphical format. Simply click on the red “Search” button in the lower right to add additional criteria or please feel free to contact, Real Estate Agent, John Herrigel at john@greentreemaine.com for a customized listing report.

Fall 2010 Mid Coastal Housing Market Update

admin — Wed, 13 Oct 2010 13:20:09 +0000

After a very slow summer season and slower than normal September it feels like buyer activity has finally picked up in the mid coastal real estate markets including the coastal peninsulas of Phippsburg, Georgetown and Harpswell. Prices have come down to much more realistic levels… just the other day I was looking at some very solid homes with deep water frontage at price points around $250,000! Now you are not going to get a mansion for this price, but a coastal getaway with a deep waterfront dock…not bad!

Currently the inventory of available properties in these 3 markets is just shy of 200 listings with 2/3′s of this being waterfront. 13 properties sold in September 2010 at a median price point of 255k after having sat on the market for just over 100 days.

Going forward I think we shall see stronger results in October and November then a very slow Winter and if our economy keeps chugging forward it will be a fantastic Spring!

Lincoln Maine Housing Report February 2010

admin — Tue, 30 Mar 2010 12:33:00 +0000

Lincoln county ME housing saw 13 transactions take place in February compared with 10 in 2009. Median pricing in February was 147K compared with 169K in 2009. Given the small sample size it is tough to discern true trends, but it seems the mid coastal real estate markets continue to improve but remain behind southern Maine in the speed of this improvement. The current inventory is 676 compared with 658 a month earlier.
For more information on coastal real estate in Maine please visit www.mymaineproperty.com or feel free to contact me directly at 207-650-5383 or via email at john@greentreemaine.com

2009 Coastal Housing Year in Review

admin — Wed, 13 Jan 2010 14:26:08 +0000

As winter in Maine finally sets in and the phone has been a bit quiet with the “holiday hangover” effect I had a bit of time to compile some 2009 end of the year housing statistics for the lower mid coastal real estate markets that I follow. For the region as a whole including the towns of Brunswick, Bath, Freeport and the peninsulas of Harpswell, Georgetown and Phippsburg a total of 454 residential transactions took place at a median price point of 228K compared with 447 at 250K in 2008.

Thus volume was relatively stable and prices were down about 9% year over year, not bad overall! The median days on market for these sold homes and condo’s remained relatively unchanged as wel, but did fluctuate greatly from town to town with Bath seeing almost a 50% reduction whilst Phippsburg/Georgetown seeing 20% increase.

The housing market of Brunswick Maine is the largest in the region, followed by Bath and Freeport. These 3 communities saw healthier volume compared to the coastal waterfront regions of Harpswell and Phippsburg where the 2nd home market segment continues to remain sluggish .

You can view the complete coastal real estate estate report as well as an analysis of the southern real markets here.

Thanks for reading.