Central Maine Blog

Just Listed! 204 McGrath Pond Rd Oakland, ME 04963
August 27th, 2009 12:03 PM
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$425,000.00
204 McGrath Pond Rd

Oakland, ME 04963

Beds: 4.0 Rooms: 9
Baths: 2.00 Sq. Ft.: 3522.00
Garage: 0 Built: 1972
 
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Rachel Anderson
Central Maine Homes LLC, Coldwell Banker Plourde Real Estate
2076492156
www.rachelandersonteam.com
 
  Visit this listing at Here
Posted by Rachel Anderson on August 27th, 2009 12:03 PMPost a Comment (0)

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June Sales
August 21st, 2009 12:11 PM

MAINE HOME SALES UP 13.76 PERCENT IN JUNE

SOUTH PORTLAND (July 23, 2009) - Maine real estate sales are on the rise. According to

the Maine Real Estate Information System, Inc., Maine’s Realtors sold 1,133 homes last

month -- a 13.76 percent increase from one year ago. Home prices eased 9.57 percent to a

median sales price (MSP) of $170,000. However, this is an increase over May 2009’s MSP of

$160,000. The median sales price indicates that half of the homes were sold for more and half

sold for less.

The National Association of Realtors (NAR) today reports a 0.2 percent rise in single-family

existing home sales across the country. The national median existing home sales price

decreased 15 percent to $181,600 in June 2009 compared with June 2008. Regionally, sales

in the Northeast dipped 4.7 percent in the past 12 months. The regional median home sales

price was $249,400, down 5.9 percent from June 2008.

REALTOR Alan Peoples of Coldwell Banker Residential Brokerage in Portland says the

Cumberland County market area is “currently heading in the right direction. We’re seeing

improvement, the total number of units sold is getting better and values are holding. Lately

we’ve seen many more people viewing an available property, which is a strong sign.” Peoples

advises sellers to “get aggressive early and be realistic and competitive. Many buyers have

grant opportunities through the Maine State Housing Authority, along with the federal

$8,000 first time homebuyer tax credit.”

Following are two charts showing statistics for Maine and its 16 counties. The first chart lists

statistics for the month of June only, statewide. The second chart compares the number of

existing, single-family homes sold (units) and volume (MSP) during the Second Quarter

(April, May, June) of 2008 and 2009.

(Continued)

Maine Real Estate Statistics – June 2009 Housing Report—7/23/09—Page 2 of 2

JUNE ONLY CHART

June 1-30, 2008 – June 1-30, 2009

County # Units Sold # Units Sold % MSP MSP %

2008 2009 Change 2008 2009 Change

STATEWIDE 996 1133 13.76% $188,000 $170,000 -9.57%

ROLLING QUARTER CHART

From April 1, 2008 – June 30, 2008 and April 1, 2009 – June 30, 2009

County # Units Sold # Units Sold % MSP MSP %

2008 2009 Change 2008 2009 Change

STATEWIDE 2673 2620 -1.98% $184,000 $164,900 -10.38%

Androscoggin 208 195 -6.25% $155,000 $135,000 -12.90%

Aroostook 81 70 -13.58% $94,000 $87,250 -7.18%

Cumberland 695 647 -6.91% $236,000 $220,000 -6.78%

Franklin 48 44 -8.33% $119,250 $110,000 -7.76%

Hancock 110 88 -20.00% $179,000 $171,200 -4.36%

Kennebec 224 247 10.27% $140,000 $130,000 -7.14%

Knox 114 78 -31.58% $186,000 $182,250 -2.02%

Lincoln 71 67 -5.63% $197,500 $185,000 -6.33%

Oxford 107 124 15.89% $145,000 $133,000 -8.28%

Penobscot 312 335 7.37% $138,000 $137,000 -0.72%

Piscataquis 35 48 37.14% $75,000 $79,500 6.00%

Sagadahoc 81 64 -20.99% $195,000 $181,000 -7.18%

Somerset 80 71 -11.25% $103,015 $89,000 -13.60%

Waldo 73 76 4.11% $160,000 $140,500 -12.19%

Washington 14 15 7.14% $137,000 $95,000 -30.66%

York 420 451 7.38% $226,500 $194,000 -14.35%

Source: Maine Real Estate Information System, Inc. Note: MREIS, a subsidiary of the Maine Association of

REALTORS, is a statewide Multiple Listing Service with over 4,600 licensees inputting active and sold property

listing data. Statistics reflect properties reported as sold in the System within the time periods indicated.

Posted by Rachel Anderson on August 21st, 2009 12:11 PMPost a Comment (0)

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