In the 2nd quarter of 2011 the housing market for Freeport Maine has decreased in transaction volume by 36%. Just 21 homes sold this quarter, compared to 33 in the same period last year. The difference can be accounted for taking in to consideration last year’s tax credits for home buyers which increased sales for the 2010 year. Freeport Maine home prices have risen by 25%, up to an average of 300K this year.
What makes Freeport Maine a great place to own a home? From convenient shopping and amenities to a selection of homes in a scenic New England town, learn more about Freeport and all the town has to offer.
This 2nd quarter housing update has been compiled by John Herrigel a local Maine broker with the Herrigel Group. For more information about Freeport Maine real estate, contact John Herrigel by visiting MyMaineProperty.com – for coastal and southern Maine real estate or directly at 207-650-5383.
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
In the residential real estate markets of Harpswell ME for the month of May 2011 properties sold at a median price point of 290K after sitting on the market for 44 days. The median sales price was down 10% compared with a year prior and 9% month over month. Inventory is increasing, with 116 homes available in May of this year and 129 on the market as of the beginning of June. The number of homes sold is also increasing both monthly and yearly, with just 4 sold in May 2010 and 7 sold in May of this year.
This report was compiled by John Herrigel, a local Maine real estate broker with Green Tree Realty. To experience the beauty of Harpswell and the Maine coast, visit the Dolphin Marina and Restaurant. For more info on the Maine coastal real estate markets please contact me directly at 207-650-5383 or via email at johnherrigel@gmail.com
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
Throughout the month ending with May 2011 the Yarmouth Maine residential real estate markets saw total of 6 transactions occur at a median price of 284K. This average price has risen 18% since May 2010, but only 1% since April 2011. In addition to this slight increase, an increase in volume of inventory has also taken place – from 63 in May to 83 homes available at the beginning of June.
Summer in Yarmouth is filled with enriching opportunities to experience Maine culture. Yarmouth’s Clam Festival is less than a month away, so be sure to plan ahead and visit!
For more information on Yarmouth homes for sale, or Maine real estate market conditions please visit my website www.mymaineproperty.com or contact me directly at 207-650-5383 or johnherrigel@gmail.com
For the month ending in May 2011, the modest residential housing market was down. A month earlier, in April 2011, 3 homes were sold, but in May no homes were sold. With just 859 households in the 2000 census, the small town of Phippsburg has a limited number of homes available. The number of homes on the market in Phippsburg Maine has increased to 68 at the beginning of June, and it is important to note that although no homes were sold in the May, Phippsburg Maine markets are still quite similar to busier and more populated areas.
For more information on Phippsburg Maine real estate please reach out directly to John Herrigel, a local Maine broker with the Herrigel Group who can be reached at 207-650-5383 or via email at johnherrigel@gmail.com
The residential real estate market of Freeport ME saw 6 transactions close in May 2011. This was a statistical decrease of 33% compared to May 2010. The yearly decrease may be a reflection of the success of the previous year’s first time buyer tax credit program. However, this year sales were up 20% from April to May 2011. Housing volume has increased from 79 available homes in April, to 101 at the beginning of June. The median home price in Freeport has dropped from 380k in April to 255k in May this year, although this reflects a small sample size.
Freeport Maine is most widely known as a town that is home to numerous outlet stores and restaurants, but is also the location of Mast Landing Audubon Sanctuary open year round with hiking trails for humans, and habitat for wild birds and mammals.
This report was compiled by John Herrigel with the Herrigel Group, a local real estate broker with Green Tree Realty. To learn more about Maine coastal real estate markets please contact me directly at 207-650-5383 or via email at john@greentreemaine.com.
For the month ending May 2011 the residential real estate markets of Brunswick, ME saw 14 condos and homes sell compared with 24 a year prior in May which represents a 42% volume decrease year over year. Housing prices in the Brunswick residential marketplace continue to stabilize with a statistical drop of 3% this month, and 4% climb yearly with the median price clocking in at 197K compared with 189K a year prior. The current inventory of homes on the market in Brunswick is climbing, from 132 homes on the market in May of this year to 140 beginning in June 2011.
Want style and flavor? Brunswick Maine is town with taste; to sample town flavors, visit the Taste of Brunswick event, June 18 2011.
For more info on the local coastal Maine real estate markets please contact John Herrigel with the Herrigel group at 207-650-5383 or via email at john@greentreemaine.com
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
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
