EXIT Oceanside Realty Blog
The Maine Real Estate market in 2017 was very active. The number of properties sold was up 2.02% and the median sales price was up 9%. This was done with a historically low number of listing inventory especially the first 6 months of the year. Sales were very strong in the third and fourth quarters of 2017.
Hi, my name is Rick Coyne, Broker/Owner of EXIT Oceanside Realty in Wells. The information regarding real estate sales activity in Maine in 2017 comes from Maine Real Estate Information S...In a press release by Maine Listings, single family home sales increased 11.71 percent in 2016 with a reported 17,507 homes sold. The statewide median sale price of $189,400 represents an increase of 4.93 percent.
Although interest rates have inched upward, they are still favorable to buyers of single family homes. It is a great time to buy and if you are a seller a great time to sell because of the low housing inventory for buyers to choose from.
A strong 2016 gives tremendous momentum going...
127 Webhannet DR Wells, ME
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Welcome to Wells Beach and this Wonderful year round 4 bedroom, 2 bath home with 58 feet of waterfront on the tidal Webhannet River. As you drive in, you will notice their is plenty of parking. You will enter this lovely home through the three season sunroom, a great place to watch the morning sunrise. The spacious living room and dining room along with the...
In a press release by the Maine Association of Realtors:
Sales of single-family existing homes in Maine continued their upward climb during the month of February. Maine Listings reported a 21.72 percent jump in sales over the past 12 months. The median sales price (MSP) of $160,000 reflects a slight price decline of 4.42 percent. The MSP indicates that half of the homes were sold for more and half sold for less.Nationally, sales of single-family existing home sales increased 2.0 percent, and th...
