The Sold-to-List ratio for residential homes in Cumberland County is now 107.2%. The average sale price is up 32% and average list price is up 15%. Active listings still remain significantly lower than 2020, representing a 45% decrease in active listings, year over year.
#INVESTin207 features the Cape Elizabeth Garden Tour. This year features gardens with ocean views, ornamental trees and shrubs, native plants, woodlands, raised beds, stone work, historical homes, and more – this self-guided tour of 8 Maine gardens promises to be one of the best! Proceeds benefit the Friends of Fort Williams Park, a non-profit...
Properties in Cumberland County are still selling faster and for more money than ever before. The median days on market is 5 days, up 28% from May 2020. The absorption rate rose from April 2021 to May 2021 and is now .95. The sold-to-list ratio remains over 100% and is currently 106.7%. This means properties on average are selling 106.7% over list...
Thank you Maine Biz for featuring our listing at 41 Belmont Street, Portland. This property represented the highest single-family home sale in the city of Portland in April. Read Article HERE.
#INVESTin207 features the Coastal Maine Botanical Gardens "Guardians of The Seeds" exhibit! Go all-in this summer on an experience that will stick with you for the rest of your life. The Maine Botanical Gardens newest exhibit features magical, mysterious, and mammoth recycled-wood sculptures in the woods! CLICK HERE to learn more!
Maine listings has released data as to where Buyers in Maine came from in 2020. The map below outlines the number of Buyers in each State that made a property purchase in Maine. Here are a few facts from Maine Listings: Fact 1: In 2020, 70.29% of the buyers made a move from within the State of Maine, which represents...
We are excited to nominate for the 2020 Agent Production Award! Award winners will be recognized during LeadingRE’s 2021 Annual Conference on May 27! We look forward to hearing the results!
April continued to see unprecedented trends. Properties in Cumberland County are selling faster and for more money than ever before. The absorption rate is .79 and the sold-to-list ratio is now 106.6%. April 2021 did, however, see a significant increase in new listings. It’s worth mentioning that we are now comparing year-over-year...
We are thrilled to have the MCFA as our April #INVESTin207 feature. The goal of the MCFA is to ensure that Maine's fishing communities can thrive today, tomorrow, and forever. They advocate for policies and regulations that create healthy and sustainable fisheries, securing access to those fisheries by protecting working waterfront, permit banking,...
The above infographic summarizes how the Cumberland County residential real estate market performed in March 2021. March 2021 had 346 active listings, while the same period last year had a total of 749, representing a 56% decrease year-over-year. The lack of inventory is still creating a flurry of multiple offers on properties across various...
Listing data is derived in whole or in part from the Maine IDX and is for consumers’ personal, non-commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. Some listings may contain a "Smart Buyers Note" which is written by Town & Shore to provide additional insight on a listing.
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