Portland ME Real Estate Analysis for Homes and Condos

1st Q 2012 Market Update for Portland ME Homes

admin — Thu, 26 Apr 2012 16:30:16 +0000

Portland Maine housing markets saw a total of 70 single family homes sell in the 1^st quarter of 2012. This was a 17% higher sales volume than last year during the 1^st quarter. Homes in Portland sold at a median price of 220K, which was equal to the 1^st quarter of last year and 10% higher than during the previous quarter. The median number of days on the market for Portland ME single family homes was 91 days.

With lots to do in Portland this spring, there is something for people of all lifestyles. The Herrigel Group are local experts on greater Portland area neighborhoods and communities and helping you find your new Portland home. For more information on Portland Maine real estate contact John Herrigel by phone at (207) 650-5383, or by email at johnherrigel@gmail.com.

March 2012 Update for Portland Maine Homes

admin — Tue, 27 Mar 2012 19:41:40 +0000

In February 2012, 162 homes were on the market in Portland ME. 17 of these sold, making an identical sales volume to the month of January, and 19% lower than last year at during February. The median price of homes in the Portland Maine real estate market was 235K – up 9% month over month. The average home sold was on the market for a median of 75 days. This was down 29% compared to January.

If you are fortunate enough to already live in Southern Maine, you will surely have noticed last week’s unseasonably warm weather in the 80’s! While this is far from the norm for March weather in Maine, March is nearly at a close, and warmer weather will soon be on its way. This can be an exciting time of year – great for thinking about starting a garden, so if you are feeling motivated to do a lot with a little space check out this article on vertical gardening.

Visit The Herrigel Group online, or contact John Herrigel directly by phone at 207-650-5383 or by email johnherrigel@gmail.com to learn more about real estate in Southern Maine. John and the Herrigel Group specialize in coastal Maine and southern Maine real estate.

Portland Maine Condo Market Update for March 2012

admin — Mon, 12 Mar 2012 14:22:04 +0000

During February this year, 12 condos were sold in the city of Portland Maine. This was a 25% decrease in sales volume compared to last year at this time, but a 9% increase from the month to month. The median price for Portland condos had decreased by 6% month over month, to 170K. Condos that sold in Portland were on the market for an average of 106 days, up from last year at this time.

If you are interested in finding the best among Portland Downtown Condos, visit the Herrigel group on google+ or contact John Herrigel directly by phone at 207-650-5383 or by email at johnherrigel@gmail.com.

February Falmouth ME Housing Update

admin — Sun, 19 Feb 2012 20:08:41 +0000

During January 2012, a total of 9 residential real estate sales were made in Falmouth Maine. This is a 29% increase in the number of homes sold both month over month and year over year. At 145, the average number of days on the market had increased by 99% month over month. The median price point was 395K for Falmouth ME homes sold. Inventory has remained the same – with 123 Falmouth Maine homes for sale in both January and February.

The coastal Maine town of Falmouth is just minutes north of Portland, Maine. If you would like to learn more about real estate listings in Falmouth and the greater Portland area, visit the Herrigel Group on google+ or contact John Herrigel at johnherrigel@gmail.com or by phone 207.650.5383

Portland Housing Update for Feb. 2012

admin — Sat, 11 Feb 2012 15:05:03 +0000

During the month of January 2012, 28 single family homes and condominiums sold in the Portland Maine housing market. This was a 7% decrease from the previous month as well as a 20% decrease in sales volume since last year at this time. The median price point was 188K, which was slightly lower than last month. The average number of days on the market for Portland homes and condos that sold in January was 103 – up from last month.

Portland is a composite of several unique neighborhoods, each with unique and interesting features. To learn about the Back Cove real estate market or find the Portland neighborhood that interests you most, visit the Herrigel Group on facebook or contact John Herrigel directly by phone at 207-650-5383 or by email at johnherrigel@gmail.com

Love Portland Maine

admin — Tue, 07 Feb 2012 15:24:51 +0000

Life in many cities can seem all too impersonal – the tradeoff for added opportunities and conveniences can be the absence of community. Especially in sprawling cities with long commutes, where an average day may look like an hour or more commute into the city for work, the reverse home, picking up the kids from school or day care, and off to afternoon activities – all this before dinner time! It can be difficult to find the time to do anything out of routine and February is just the time to shake things up.

With the winter holidays a memorable distance behind us, and spring still weeks ahead, Valentine’s Day is the perfect holiday to try something exciting. Fortunately, Portland ME is the perfect back-drop for such activities.

Residents of Portland typically love their city and it shows: Portland Maine was the first city to fall victim to the Valentine Phantom in 1976. This Portland tradition of posting valentines decorations throughout public spaces has spread into many cities across the nation. Portland is a city with a great sense of community – it is possible to work, live, and send the kids to a great school all in the same neighborhood. This is the perfect environment for creative and vibrant ideas to flourish, so no matter if you are single or enjoying some quality time with your sweetheart, you’re bound to find some excitement in Portland this Valentine’s Day.

To learn more about buying a home in Portland Maine, visit the Herrigel Group at www.mymaineproperty.com . The Herrigel Group are experts in Portland area homes and condos for sale.

Scarborough ME 2011 Real Estate Wrap-up

admin — Sat, 28 Jan 2012 20:40:44 +0000

The real estate market for homes and condos in Scarborough Maine saw a total of 217 homes sold during the 2011 year. This reflected a 2% drop in sales volume compared to 2010 levels, as 221 homes sold in the 2010 year. Scarborough Maine homes for sale sold at a median price of 304K during 2011, up slightly from both the 2010 and 2009 year.

Visit the Herrigel Group website at www.myMaineProperty.com to learn more about homes in Scarborough ME and other southern Maine towns. The Herrigel Group specializes in coastal and southern Maine homes and condos for sale. John Herrigel can be reached directly: email johnherrigel@gmail.com or call 207-650-5383

Portland Piers Condos

admin — Tue, 27 Dec 2011 19:51:33 +0000

Portland Piers Condos provide a rare opportunity to live in downtown Portland on the waterfront. One of two condo complexes directly on the water in Portland’s Old Port neighborhood, Portland Piers feature excellent views of Casco Bay. Portland Piers condos feature modern amenities including covered parking, central AC, and more. Portland Piers units range in price from 275K to 450K with an average price of 300K.

The Herrigel Group specializes in coastal and southern Maine homes and condos for sale. To learn about the specific features and regulations at Portland Piers condos, and other condo associations in the greater Portland ME area contact John Herrigel directly at 207-650-5383 or by email at herrigelgroup@gmail.com

Condo Complexes in Portland ME – Portland House Condos

admin — Mon, 19 Dec 2011 16:08:19 +0000

For high-rise living in the East End neighborhood in Portland Maine there are only a few options – one is Portland House Luxury Condominiums. This fantastic location next to Fort Allen Park overlooks the Eastern Promenade trail and the beautiful Casco Bay Islands. It is a walkable distance to downtown Portland, and provides covered parking for individuals with longer commutes. Portland House has 112 units, in total, ranging from 200K to 500K.

Portland House Condos offer the only 24 hour door man in Portland Maine, and many other amenities that make it especially worthwhile. To learn about the specific features and floor plans at Portland House, or other condo associations in Portland ME visit the Herrigel Group online today, or contact John Herrigel directly at 207.650.5383 or by email: herrigelgroup@gmail.com

Dec. 11 Market Update for Yarmouth ME

admin — Wed, 14 Dec 2011 18:39:46 +0000

The Yarmouth ME housing market saw 10 homes sell during the month of November 2011. This was an 11% increase in sales volume year over year, and a dramatic increase month over month. The average price for a Yarmouth home sold in November was 355K, which was a 48% gain compared to November 2010. The average number of days on the market for homes that sold in Yarmouth was 156.

With the holiday season upon us, the town of Yarmouth has taken the time to provide some excellent safety tips for Christmas trees and other decorations. Check out Yarmouth’s holiday season fire safety page, and have a safe and fun holiday!

This Maine housing update is brought to you by the Herrigel group – specializing in real estate in greater Portland Maine. To learn more about Yarmouth Maine real estate, visit us online at www.myMaineProperty.com. Contact John Herrigel directly by phone at 207-650-5383 and email: johnherrigel@gmail.com