Prices are rising.
Prices are still falling.
We have not yet seen the bottom of the market.
The market is rebounding.
What is really going on in the Real Estate market in Maine?
So far this year (January 1st - June 12th) the average sale price for residential properties
in the State of Maine is $201,781.
In 2011 during the same time frame the average sale price was $199,234.
Great news for Mainers...prices are rising - even if it is only slightly.
More good news for Maine...more properties have sold so far this year than sold in the same time frame last year. 4,731 residential properties have sold in Maine so far in 2012.
Last year at this time only 4,148 residential properties had sold at this time.
Within the state, however, average sale prices vary greatly.
Prices vary even within the same county. In Androscoggin County
the average residential sale price year-to-date in 2012 is $134,123.
Both towns are in Androscoggin County about 30 miles apart!
Average Residential Sale Prices in Androscoggin County
2012 vs. 2011
2012 vs. 2011
(as of 6/12)
City 2012 2011
Auburn $132,374 $116,352
Durham $167,215 $177,355
Greene $146,746 $139,675
Leeds $140,066 $131,983
Lewiston $115,677 $115,071
Lisbon $119,316 $116,759
Livermore $81,585 $138,435
Livermore Falls $62,250 $54,558
Mechanic Falls $89,342 $100,305
Minot $210,400 $153,776
Poland $203,529 $195,140
Sabattus $104,665 $98,650
Turner $153,611 $173,833
Wales $114,483 $128,125
What is the Average Sale Price in your County?
2012 vs. 2011
(as of 6/12)
Residential Properties
City 2012 2011
Androscoggin $134,123 $123,698
Aroostook $85,795 $83,831
Cumberland $259,322 $262,712
Franklin $154,778 $161,914
Hancock $213,527 $248,525
Kennebec $141,598 $141,123
Knox $252,018 $270,244
Lincoln $225,669 $194,614
Oxford $137,487 $146,484
Penobscot $126,411 $124,231
Piscataquis $85,051 $124,231
Sagadahoc $177,511 $182,632
Somerset $92,805 $88,986
Waldo $199,406 $192,388
Washington $101,950 $112,936
York $259,819 $240,163
Are you interested in knowing more about
what homes like yours are selling for?
Call Brenda at (207)784-3800 or
e-mail Brenda at brenda@fontaineteam.com
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