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Androscoggin County Real Estate Market

by Fontaine Family

Androscoggin County Real Estate Market   2015 vs 2014 Statistics

We hear all kinds of statistics on the news about the real estate market, but real estate varies greatly from region to region.  Check out our infographic comparing the real estate market in Androscoggin County in 2015 vs. 2014.  Check back next week to see the statistics for Cumberland County!

 

Annual Androscoggin Business to Business Trade Show

by Fontaine Family

Visit Us at the Androscoggin Business to Business Trade Show!

Thursday, June 18th is the Androscoggin B2B Trade Show.  Come by our booth and meet one of our team members, get your real estate questions answered, and spin our prize wheel! 

 

When: 
Thursday, June 18th from 9:30am - 5pm

Where: 
Androscoggin Bank Colisee at 190 Birch Street, Lewiston - Booth 319

Why: 
We love to talk real estate. 
We are ready to answer your questions and help start you on the path to fulfilling your real estate dreams!

July Real Estate Recap

by Fontaine Family

 

What happened in the Maine Real Estate Market in July? 

 Androscoggin County 

196 new residential listings entered the market in July with an average list price of $173,939.  In that same timeframe 103 residential listings sold with an average sale price of $140,064.  Those listings took an average of 99 days to sell.  Just for comparison, the average residential sale price in July of 2013 in Androscoggin County was $134,738. 

Boy are markets different from area to area in Maine….

Cumberland County

715 new residential listings entered the market with an average list price of $369,762.  During July 480 residential listings sold with and average sale price of $317,469.  They took an average of 70 days to sell.  The average sale price of residential properties sold in July of 2013 was $288,671.

Quite a bit different from Androscoggin County, huh?
  Even within the same county there are differences…sometimes huge differences.  That’s where an experienced agent is so important.  They will help you compare the home you are selling or the home you are interested in buying to other comparable properties in comparable areas.  As a seller, this will help you price your home competitively to give you the best chance to sell quickly for best possible price.  As a buyer, it will help you make an informed decision about what a home is worth so you can have the best chance to purchase your next home without spending more than you should. 

Do you have questions about the market in your area?  Click here to e-mail us and one of our licensed agents will get back to you to answer your questions!  

 

All statistics are from the MREIS as of 8/6/2014

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Fontaine Family - The Real Estate Leader
336 Center St. Auburn, ME 04210
432 US Route 1 Scarborough ME 04074
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(207)289-3830 Scarborough
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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. © 2017 Maine Real Estate Information System, Inc. All Rights Reserved.

 

 


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