Portland ME Real Estate Analysis for Homes and Condos

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 in Portland Maine

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

Portland Maine Housing Update for Dec. 11

admin — Mon, 12 Dec 2011 16:05:45 +0000

During the month of November 2011, 45 homes and condos sold in the Portland Maine housing market. This was a 13% increase from last year at this time, although it was a decrease from the previous month. With a median price of 204K, Portland Maine homes for sale appreciated year over year by 21%. The average number of days on the market for homes and condos that sold in November in Portland was 66 – a 15% yearly drop.

There is plenty to see and do in Portland during this holiday season. Check out the Victoria Mansion Deck the Halls holiday tour until Jan. 8^th in Portland for a fun and educational look at Victorian era life and Christmas charm.

For more information on Portland Maine real estate, and living in this great southern Maine community or others in the Portland area, visit the Herrigel group at myMaineProperty.com or contact John Herrigel directly by phone at 207-650-5383 or by email at johnherrigel@gmail.com

Westbrook ME Market Report for Nov 2011

admin — Tue, 06 Dec 2011 19:18:48 +0000

During the month of October a total of 20 homes were sold in Westbrook Maine. This is a 67% increase in the number of sales year over year. Inventory is down slightly month over month. The average price of Westbrook homes has risen slightly year over year to 154K, and average number of days on the market has decreased since October 2010.

The Herrigel Group specializes in greater Portland area homes and investment properties. To learn more about homes in Westbrook Maine, visit the Herrigel Group online at mymaineproperty.com or talk to John Herrigel directly, call (207)650-5383 or email johnherrigel@gmail.com

Portland ME Homes Market Report for November 2011

admin — Tue, 06 Dec 2011 17:45:37 +0000

During October a total of 34 homes were sold in Portland Maine. This is a 10% increase in the number of sales since last year at this time, and a 55% month over month increase in transaction volume. Inventory is down slightly with just 253 homes available. The average price of Portland homes has dropped slightly both year over year and month over month to 219K, and average number of days on the market has increased.

For more information about the latest Portland Maine housing statistics, visit the Herrigel Group online at mymaineproperty.com. We specialize in greater Portland area homes and investment properties. To talk to John Herrigel directly, call (207)650-5383 or email johnherrigel@gmail.com

Condo Complexes of Portland ME – Brown Street Lofts

admin — Mon, 05 Dec 2011 20:45:49 +0000

For the finest in-town living in Portland Maine, consider a luxury condo at Brown Street Lofts. Located a block from Monument Square, Brown Street Lofts is at the heart of Downtown Portland. This convenient location is within walking distance of all downtown’s high points, and although it does not include parking it is within a block of a garage that provides covered parking by the month. Brown Street Lofts units range in size from smaller 1 bedrooms to 1600 sq ft units. Each features a sleek kitchen, hardwood floors, exposed brick walls, and other modern features.

Ranging from the low 200’s to 500K, Brown Street Lofts units offer a variety of options for your downtown Portland ME home. To learn about the specific features and regulations of Brown Street Lofts, and more condo associations in downtown Portland ME visit the Herrigel Group – mymaineproperty.com today, or contact John Herrigel directly at 207.650.5383 or by email: herrigelgroup@gmail.com

Portland ME Condos 3rd Quarter Housing Update

admin — Fri, 28 Oct 2011 13:52:05 +0000

The Portland Maine the residential real estate market for condos saw 51 sales at a median price of 200K during the 3rd quarter of 2011. This represents a sales volume decrease of 7% compared with the 2010 3rd quarter. The average sales price was up 1% compared with the previous year. In general, through the greater Portland area volume has been up compared to last year at this time. With list to sales ratio coming in around 97% and stable pricing, a condo priced at fair market value will sell in Portland.

If you are interested in learning more about Portland check out local news with the city of Portland webpage. This Maine housing update was compiled by John Herrigel, a local ME real estate broker with the Herrigel Group. For more info on the greater Portland area and Portland Maine condo listings in neighborhoods like the West End in Portland contact John directly at 207-650-5383 or via email at johnherrigel@gmail.com

Portland ME 3rd Quarter Housing Update

admin — Thu, 27 Oct 2011 18:16:41 +0000

The Portland ME residential real estate market saw an 18% increase in transaction volume for the 3^rd Quarter of 2011. A total of 166 homes were sold during this quarter, compared to the 141 in transactions in the 3^rd quarter of 2010. This is consistent with the greater Portland area as through southern Maine sales increased an average 20%. The average price for Portland Maine homes for sale remained at 215K – a 0% change year over year. Through southern and coastal Maine pricing was stable with a list to sales ratio in the area around 97%, if priced properly a home or condo in Portland will sell at fair market value.

Halloween is just a few days away! Check out Halloween events scheduled at the Children’s Museum and Theatre of Maine located right here in Portland, for some great family fun.

For information about homes and condos for sale in Downtown Portland, visit the Herrigel Group at mymaineproperty.com – specializing in greater Portland area Maine homes for sale. For direct contact about Portland ME homes for sale, contact John Herrigel by email at johnherrigel@gmail.com or by phone at 207-650-5383.