South Portland Maine residential real estate markets saw 87 transactions transpire compared with 81 for the same 3 month period in 2008 representing a 8% increase in volume.  Median prices still remain down however, clocking in at 186K, 7% lower than in 2008. The median days on market figure was 36 compared with 45 in 2008.

Overall the markets had a solid quarter, fueled as much real esate as of late has been by the first time homebuyer tax credit.

Thanks for reading,
John Herrigel
Maine Buyers Agent]]>