User Name Password
Register




Total Market Overview By County

Total Market Overview
Data Source: Maine State Multiple Listing Service
Period: 8/20/08 - 2/20/09 Rolling 6 months
Number of Months In
Period Calculated
No. No. No. No. Avg Avg 6
County Price Range Active Pending % Expired &  Sold Inventory Act List Avg Sold List/Sale DOM
Listings Listings Pending Withdrawn Listings Level Price Price % Solds
Androscoggin $100-150k 238 50 21% 103 115 12.4 129,778 122,688 95% 93
Androscoggin $151-200k 229 9 4% 123 84 16.4 176,106 166,092 94% 113
Androscoggin $201-250k 89 12 13% 61 42 12.7 229,903 223,714 97% 144
Androscoggin $251-300k 70 5 7% 47 24 17.5 279,166 260,193 93% 266
Androscoggin over $301k 88 3 3% 65 10 52.8 529,999 362,050 68% 89
Cumberland $100-150k 208 48 23% 130 119 10.5 133,672 125,884 94% 114
Cumberland $151-200k 407 91 22% 289 333 7.3 179,906 173,777 97% 101
Cumberland $201-250k 436 81 19% 344 275 9.5 230,071 219,886 96% 100
Cumberland $251-300k 347 43 12% 255 151 13.8 280,292 267,042 95% 102
Cumberland over $301k 950 99 10% 864 336 17.0 609,697 480,013 79% 125
Kennebec $100-150k 257 38 15% 174 157 9.8 128,732 122,519 95% 110
Kennebec $151-200k 216 25 12% 154 82 15.8 176,831 166,302 94% 146
Kennebec $201-250k 169 5 3% 186 42 24.1 229,486 215,192 94% 168
Kennebec $251-300k 93 5 5% 69 22 25.4 280,868 242,150 86% 206
Kennebec over $301k 162 3 2% 131 26 37.4 510,626 381,740 75% 196
*Information taken from the Maine Real Estate Information System for the period of 08/20/08 through 02/20/2009
Inventory Level = number of months of inventory currently available on the market based on the rate of sale.
List/Sale % = percentage of list price obtained at the time of sale.
DOM = Days on market.

 

What Does This Mean To You?

Thinking about making a move?  It doesn't really need to be a headache.  Despite the media hype, this market can actually be a great time to upgrade homes because of the potential financial leverage.  Combine current market conditions with super low interest rates and an abundant selection of homes to choose from and it is a great time for most people. 

If you are considering going into a less expensive home and you can wait for prices to rise again, it may be beneficial yo stay put for the time being.  If you would like a free, no-pressure consultation on your unique situation, give me a call.  I would be happy to assist you.

207-689-9880