August 2009 Portland ME Home Sales

For the month ending August 2009, the Portland Maine real estate markets saw 55 homes sell at a median price of 198K after sitting on the market for about 60 days. This contrasts with 75 homes selling at a median price of about 200K that sat on the market for about 45 days. Thus volume is down 27% and pricing is down about 10% year over year and month over month volume and pricing were off 17% and 4%.
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