Housing Report for Portland Maine, June 2011
The median price of houses and condos in Portland ME is up 10% from a year over year and rose from 215k in April 2011 to 225k in May 2011. During the month of May 2011, 65 homes were sold in Portland Maine. A year ago in May 2010 a total of 81 houses and condos sold in Portland. This 20% decrease in sales may be a reflection of the success of last year’s first time buyer tax credit, and Portland Maine is still a great place to buy a residential housing as a home or investment.
Please contact me directly for more information on homes in Portland Maine. My name is John Herrigel and I am a local Maine broker with the Herrigel Group and can be reached at 207-650-5383 or via email at johnherrigel@gmail.com
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