Thursday, January 3, 2013

December 2012 - Real Estate Market Update

This market report gives you the real estate activity for the Greater Portland, Maine area. As expected for December, numbers are down but not as much as I thought.  There is a lot of activity even through the holiday season.
The following Multiple Listing Service (MLS) information is for the month of December 2012. Towns included in this report are Portland, South Portland, Cape Elizabeth, Scarborough, Westbrook, Falmouth, Windham and Cumberland.
Number of Current Listings = 1117 (down from last month)

Number of New Listings Added = 112 (down from last month)

Number of Properties That Went Under Contract = 125 (down from last month)

Number of Sold Properties = 157 (down from last month)

Number of Expired Listings = 203 (down from last month)

Average Sold Price = $289,641 (up 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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