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Maine Real Estate News

Southern, Coastal and Greater Portland Real Estate News & Updates

By Herrigel Kennedy | Broker in Portland, ME

4th Quarter Housing Analysis for Saco, Maine

In the 4th quarter of 2013 Saco, ME saw a total of 64 homes sold compared to the 43 homes that sold in the 4th quarter of 2012. This is a 48.8% increase in transaction volume year over year. The Saco ME residential real estate market has risen 10% in median price, going from $49K in 2012 to $274K in the fourth quarter of this year. Days on market dropped 13% from 147 in 4th quarter of 2012 to 128 in 2013.

Saco is a wonderful place to raise a family or retire,  it is also home to Funtown Splashtown USA, a family amusent park that brings tons of fun during the warmer months. My name is John Herrigel and I am a local Maine broker with Herrigel-Kennedy and can be reached at 207-650-5383 or via email at JohnHerrigel@gmail.com. Please contact me directly for more information on homes in Saco.


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