Homes
The Portland Single Family market offers a wide variety of options to choose from. As of November 2008, there are a total of 260 homes listed at an average price of 290K and has been sitting on the market for about 70 days.
In 2007, a total of 490 homes sold at an average price of280K after sitting on the market for 72 days. In 2006, a total of 570 homes sold at an average price of 273K and sat on the market for 73 day. Thus one see that the single family Portland real estate market is fairly stable despite the economic turmoil as of late.
One can find good condition ranches in the outer regions of the city in areas such as Outer Forest, East Deering and Outer Washington as well as huge victorians and colonials in Deering proper in the 300-400K range. On the Western Promendade larger brick homes and stately mansions can be found for just shy of a million, thus the housing market is varied. The outerlying suburbs including Cape Elizabeth, Falmouth and South Portland also offer many additional solutions to find great housing opportunites. Below is an overview map and I invite you to sign up for a market report and/or custom property search at the parent site www.mymaineproperty.com.