Wednesday, May 2, 2012

April 2012 - Real Estate Market Update

This market report gives you the real estate activity for the Greater Portland, Maine area.  Almost every number went up from last month which shows there is a lot of activity.  Spring is a busy time of year but lets hope this trend continues.

The following Multiple Listing Service (MLS) information is for the month of April 2012. Towns included in this report are Portland, South Portland, Cape Elizabeth, Scarborough, Westbrook, Falmouth, Windham and Cumberland.

Number of Current Listings = 1418 (up from last month)

Number of New Listings Added = 311 (up from last month)

Number of Properties That Went Under Contract = 278 (up from last month)

Number of Sold Properties = 189 (up from last month)

Number of Expired Listings = 146 (up from last month)

Average Sold Price = $253,185 (down from last month)

If you would like to see information for another town send me an email and I will give you a customized report.



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