Sunday, April 7, 2013

March 2013 - Real Estate Market Update

This market report gives you the real estate activity for the Greater Portland, Maine area. Every number went up from last month.  The market still seems to be turning toward a sellers market.  If you are thinking of buying a home this is the year to do it.
The following Multiple Listing Service (MLS) information is for the month of March 2013. Towns included in this report are Portland, South Portland, Cape Elizabeth, Scarborough, Westbrook, Falmouth, Windham and Cumberland.
Number of Current Listings = 1138 (up from last month)

Number of New Listings Added = 244 (up from last month)

Number of Properties That Went Under Contract = 270 (up from last month)

Number of Sold Properties = 161 (up from last month)

Number of Expired Listings = 119 (up from last month)

Average Sold Price = $281,231 (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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