It’s that time of year again- time to look back and compare real estate sales from the past 2 years. The media is always touting that the real estate market is back, but how accurate is that in Southern York County, Maine? Let’s compare 2012 sales to 2013 sales to see what the trend is in a few towns.
York, Maine
2012 2013
# Sold Listings 240 268 +12%
Avg. Sq. Ftg. 2,110 2,016
Avg. List Price $485,283 $494,416 +2%
Avg. Sale Price $447,789 $463,607 +3.4%
Avg. Days on Market 180 140 Homes are selling
faster by over a month!
Kittery, ME
2012 2013
# Sold Listings 105 126 +17%
Avg. Sq. Ftg. 1,708 1,899
Avg. List Price $347,493 $395,588 +12%
Avg. Sale Price $329,547 $376,891 +13%
Avg. Days on Market 144 117 Homes are selling
faster by almost a month!
Eliot, ME
2012 2013
# Sold Listings 63 66
Avg. Sq. Ftg. 2,070 1,999
Avg. List Price $290,955 $307,226 +5%
Avg. Sale Price $282,220 $296,154 +5%
Avg. Days on Market 109 93 Homes are selling
faster by about 2 weeks
South Berwick, ME
2012 2013
# Sold Listings 63 73 +14%
Avg. Sq. Ftg. 1,993 1,898
Avg. List Price $226,478 $226,935
Avg. Sale Price $218,044 $219,434
Avg. Days on Market 118 103 Homes are selling
faster by about 2 weeks!
Berwick, ME
2012 2013
# Sold Listings 66 86 +13%
Avg. Sq. Ftg. 1,644 1,855
Avg. List Price $173,202 $197,997 +13%
Avg. Sale Price $167,823 $191,490 +12%
Avg. Days on Market 126 111 Homes are selling
faster by almost 2 weeks!
As you can tell by these stats, the market is up all around and is continuing to trend toward a seller’s market in Southern Maine.
As always, The Fecteau Group is here to answer all of your real estate questions, whether you are buying or selling property. For an in-home consultation on buying or selling, simply fill out the form below.
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