This market report gives you the real estate activity for the Greater Portland, Maine area. If you plan to sell a home this year I would encourage you to get a good feeling for what it is worth. Furthermore, I can’t think of a better time for a buyer to purchase a home! Real estate in Cumberland County is now an excellent investment, prices are superb, selection is great, and the rates are still outstanding.
The following Multiple Listing Service (MLS) information is for this year-to-date (1/1/2012 to 1/17/2010). Towns included in this report are Portland, South Portland, Cape Elizabeth, Scarborough, Westbrook, Falmouth, Windham and Cumberland.
Number of Current Listing = 96
Number of Properties Under Contract = 51
Number of Sold Properties = 30
Number of Expired Listings = 31
Average Sold Price = $284,428
I plan on posting this report every month. If you would like to see more information send me an email and I will consider adding to the report.