Yarmouth Maine Real Estate

Home Sales & Market Values 

Yarmouth, Maine is located 11 miles northeast of Portland and offers some of the most enjoyable and beautiful city parks and boating in Southern Maine. The Cousins River separates a portion of Yarmouth from Freeport and the Royal River flows through the center of the Town.

Quintesential New England

Yarmouth is exactly how you picture a quaint New England town to be. With a population of 9,000 residents and an area covering 18 square miles, it maintains a village atmosphere. It's downtown area is highlighted by grand Victorian style homes, small boutiques, and a selection of unique shops and local businesses.

Close to the village you will also find quiet residential neighborhoods and recreational opportunities provided by the Royal River, Cousins River, and Casco Bay. The Royal River Park runs alongside the town's Royal River, offering a scenic setting for residents in Yarmouth's downtown area. Travel along walkways to picnic areas and to an outdoor concert pavilion. The area offers bicyclists and pedestrians a scenic route to and from the town's commerce center.

Educational Excellence

Yarmouth boasts one of the best high schools in the country. Yarmouth High School was named #297 in the 1,000 Best High Schools in the United States by Newsweek in 2005 and #289 in 2006 and among the top 10 in New England in 2007. Yarmouth is also the home of North Yarmouth Academy, a private college preparatory school.

Casual Lifestyle

Yarmouth is sought out by many retirees who have chosen a small town lifestyle while at the same time enjoying the fine restaurants, theaters, boating, and shops in the Greater Portland area. Come and browse Yarmouth’s real estate and make Yarmouth your home.

July the Yarmouth Chamber of Commerce hosts what is one of the best and largest family festivals in the state, the Yarmouth Clam Festival. The event brings tourists and residents alike to enjoy and celebrate a down east flavor.

Southern Maine Resources and Features

		Our Quality of Life Reports include detailed neighborhood and town statistics on local demographics, the environment, cost of living, wealth distribution, finance and income and crime. You can also access Educational information highlighted by town, school district and individual schools.
		Maine is a large and beautiful state. Our report, A Quick Tour of Maine includes a brief summary of Maine from its most northern and remote parts all the way to Southern Maine, the business and residential hub of the state. Reprinted with permission from Downeast Magazine, you can also download a copy.
		Home Market Sales & Statistics are available for YTD 2007, 2006, 2005 and 2004. If you do not see results from the particular town or city you are interested in, we can prepare any custom report you might need.

Yarmouth home sales in 2008 were slightly below 2007 at 72, representing a decline of 7.6%.  Median prices, however, declined significantly, dropping 22.2% in 2008 compared to 2007.  Condo sales were 13 compared to 17 in 2007.  The time to sell a home was also extended in 2008 as the median DOM reached 40 days.

Land sales were relatively flat, as 8 parcels were sold at a median price of $247,500. 

Yarmouth offers many opportunities for single family homes and luxury condos. Real estate values have remained relatively consistent during the last several years, as illustrated in the home sales statistics for 2007, 2006 and 2005.

Like many other are local communities, there is a considerable amount of inventory available - both single family homes and condos.  The absorbtion rate, which is a measure of how long it will take to sell all homes on the market, reflects 31.8 weeks for single family homes and 44.0 weeks for condos.