Maine Home Connection
Home Home About Us About Us Contact Us Contact Us
MHC MHC MHC MHC MHC MHC
Buyers Sellers Maine Blog Properties
Maine Communities
Search for Homes
Lifestyle Home Search Map
Email Alerts
Waterfront Real Estate
Relocation Services
Featured Listings
Home Finance & Mortgage
Retirement in Maine
Real Estate Investing
Media Archive
Featured Properties
Enter a keyword to search the site

Features & Services
  
Your Home's Value
My Home's Value:
Receive a Report of  Your Home's Value 
New ConstructionNew Construction: 
Guidelines, Builders, Green Homes
Your Home's ValueHome Sales Stats:
Current Home Sales Reports & Statistics 
Sold PropertiesSold Data:
View All Recent Home Sales History
Left-MarketingHome Marketing:
Maximum Exposure© Home Marketing 
  
...Manage Your Account
  
Login
Existing Users:
Login with your email address only
Existing UsersNew Users: 
Simple signup to view   all Maine properties.
Contact Us
Contact Us:  
Call or email us with your questions.
  
Newsletter Signup
 

Maine Real Estate Sales

2006 Home Sales Statistics

Home Sales Statistics2006 was a tumultuous year for real estate in Southern Maine, as it was for most parts of the country.

The sales results in total for both Cumberland County and York County yielded a total unit decline of single family homes of 9.9% and 16.2% respectively (as compared to 2005 Sales Results). Condominiums also declined significantly - 7.1% and 20.1%.

Selling prices, however, did not experience drastic declines and in fact showed a modest increase of 3.9% in Cumberland County.

Home sales, units and prices varied considerably from town to town. In Portland, for example, the actual number of homes sold increased 39 units or 7.1%. Condominiums, however did not fare as well, as the sales numbers indicate. The sales for each town are listed in the graph below, along with a comparison to 2005.

Maine Real Estate SalesA trend that was consistent throughout 2006, in nearly all communities, was days on market. In nearly every case there was a significant increase in the time it took to sell a property in 2006, compared to 2005.

Additionally, homes took longer to sell in the second half of 2006 as compared to the first half.

Overall the market for the communities of Portland, South Portland, Cape Elizabeth, Falmouth, Old Orchard Beach, Scarborough, Yarmouth, Cumberland and Freeport appears to be improving as we enter 2007.

Sales results for the entire year 2006, compared to 2005, are presented below:


 
2006 Total Year Sales Statistics
000's Omitted
 % Change
'06 vs '05

 

City or Town

Type

Units
Sold

Med
Price

Avg
Price

Med
DOM

Avg
DOM








       
Portland

SF

568

234

276

50

73

 

Condo

311

200

240

62

91

       
South Portland

SF

312

226

257

44

65

 

Condo

68

171

187

68

117

       
Cape Elizabeth

SF

122

377

570

61

78

 

Condo

18

217

230

26

40

       
Scarborough

SF

227

359

384

52

73

 

Condo

31

218

327

43

85

       
Falmouth

SF

163

450

491

61

91

 

Condo

10

290

297

55

119

       
Old Orchard

SF

62

210

243

71

100

 

Condo

134

229

232

78

118

       
Freeport

SF

80

375

415

75

107

 

Condo

29

313

284

63

99

       
Cumberland

SF

100

366

513

57

86

 

Condo

27

370

403

118

149

       
Yarmouth

SF

82

340

562

70

89

 

Condo

22

250

259

53

136

       







County

Type

Units
Sold

Med
Price

Avg
Price

Med
DOM

Avg
DOM








       
Cumberland

SF

3,226

250

323

59

85

 

Condo

748

207

242

58

99

       
York

SF

2,154

240

310

72

100

 

Condo

589

191

237

51

93

 

Units
Sold

Avg
Price



  

7.4

(3.8)

(15.2)

(5.1)

  

(10.4)

3.2

(12.8)

(5.1)

  

(6.2)

9.1

NC

8.4

  

(9.2)

8.4

(18.4)

12.4

  

NC

.01

(41.2)

10.8

  

31.1

(7.6)

(35.5)

8.9

  

9.5

(5.3)

45.0

70.1

  

NC

26.9

(22.9)

13.8

  

(.01)

21.3

(24.1)

1.2

  


Units
Sold

Avg
Price



  

(9.9)

3.9

(7.1)

3.9

  

(16.2)

(2.5)

(20.4)

4.9

Home Sales & Real Estate Reports - Download Files

Download prior and current year homes sales statistics. If you do not find what you are looking for, we can prepare custom reports.

Download Report 2007 Homes Sales & Statistics
Total Year

Download Report 2006 Homes Sales & Statistics
Total Year

Download Report 2005 Homes Sales & Statistics
Total Year, including 2004 Summary



 
 
 
Maine Sales History
YearUnitsPrice
   
 201211,594$170,000
 20119,965$165,000
 201010,292$169,000
 200910,593$164,000
 20089,782$180,000
 200712,140$194,000
 200613,539$193,000
 200514,592$191,150
   

Single Famliy Homes

Maine Home Sales History

Maine Home Sales Prices


Custom Home Search
All Properties

 



 
Buying Your Home Heart and Mind Buyer Agency
Exclusive Services Agency Relationships Title Insurance
Home Buying Process Advice and Strategy
Affect of the Economy Determining A Price First Time Buyers Viewing Homes Second Homes Home Search Strategy Waterfront Real Estate
Common Forms
Selling Your Home Your Home's Value Marketing Programs
Search Engine Marketing Promotion Showing Results Internet Marketing Advertising Opt-In Marketing Staging Transaction Reporting Web Statistics
Pricing Factors Advice and Strategy
Counteroffers Establishing a Price Listing Agreements Feng Shui Principles Considering Repairs Value of Improvement Choosing A Realtor Common Mistakes
Home Selling Process
Maine Maine History Maine Geography Maine Economy Maine Demographics Maine Education Maine Climate Maine Beaches
Maine Real Estate Blog
Search for Properties
Maine Communities Portland South Portland Scarborough Falmouth Cape Elizabeth Cumberland Yarmouth Old Orchard Beach Biddeford
Search For Homes Maine Map Search Detailed Property Search Search By Address Search By MLS Number
Lifestyle Map Search
Daily Property Updates
Waterfront Real Estate Coastal Maine
Maine Coastal Properties
Maine Lakes
Maine Lake Properties
Maine Rivers Casco Bay Islands
Peaks Island Chebeague Island Great Diamond Island Long Island Cliff Island Cushing Island
Waterfront - FAQ's
Relocation Services Relocation Package Area Digital E-Guide Maine Counties Quality of Life Education and Schools Art and Culture Property Tax Rates Common Relocation FAQs Moving Long Distance
Mortgage Center Mortgage Types Credit Scoring Fee & Closing Costs Mortgage FAQs Tax Credit
Retirement in Maine Retirement Planning Retirement Communities Changing Demographics
Real Estate Investing Vacation Homes 1031 Tax Exchanges Condos and Townhomes Remodeling: Cost vs Value
Media Archive