Yarmouth Maine Real EstateCommunity Profile
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 ExcellenceThe Yarmouth schools system is one of the best in the state of Maine and has been recognized nationally for outstanding performance. Expenditures per student are some of the highest in the area at $4,404 and the student/teacher ratio is 11.6. boasts one of the best high schools in the country. Yarmouth High School was classified "Gold" in 2012 by US News & World Reports and #3 in the state. Yarmouth is also the home of North Yarmouth Academy, a private college preparatory school. Casual LifestyleYarmouth 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 downeast flavor. | | 2012 Yarmouth Real Estate Sales & Prices | | |
Prop Type |
| # of Units |
| Sold Price Median | Average |
| Days on Mkt Med | Avg | | % of List | | % Total | | | | | | | | | | | | |
| Homes | | 95 | | $371,250 | $444,802 | | 47 | 82 | | 92.9
| | 74.8
| | Condos | | 18
| | $210,500 | $212,158 | | 61
| 80 | | 98.1 | | 14.2
| | Multi | | 7
| | $170,000 | $180,046 | | 45 | 87 | | 97.1 | | 5.5
| | Land | | 7
| | $155,000 | $191,859 | | 0
| 125 | | 91.7 | | 5. |
|
Across the state of Maine single family home sales were up 16.3% in 2012 versus 2011. Pricing also was up 3%, reflecting a trend of stabilization to slight improvement. Cumberland County sales volume improved 18.5% while pricing was essentially flat (.04% increase).
Yarmouth is one of the most desirable locations in the greater Portland area. It is a classic New England town that still can be considered a “village”. The small downtown includes a combination of old homes and small businesses, a beautiful parkway along the picturesque Royal River, a sheltered port in Yarmouth Harbor and a diversified commercial base along U.S. Route 1. Yet it is still close the southern Maine business hub of Portland.
2013 Compared to 2012 - YTD Sales ResultsThe Yarmouth real estate market, like all markets across the country, is affected by many factors. It is a relatively small market, yet one of the higher-priced markets in Southern Maine. As a result, often month-to-month results yield wide fluctuations. Reviewing sales data on a YTD comparion attempts to moderate the affects of seasonality, cyclicality, unusual high-end sales and macroeconomics. | | 2013 vs 2012 Sales - YTD Results Through April | | |
Prop Type |
| Median Prices YTD 2013 | 2012 | | Unit Sales YTD 2013 | 2012 |
| Current Inventory |
| % U/C
| | | | | | | | | | |
| Homes | | $421,500 | $285,000 | | 24 | 27 | | 41
| | 60.9
| | Condo | | $240,000 | $199,250 | | 9 | 4 | | 8
| | 62.5
| | | | | | | | | | | | | All housing data has been compiled from research by Maine Home Connection using information from the Maine Real Estate Information System (MREIS).
|
|
Geo-Spatial Lifestyle Search
Our new Lifestyle Search allows you to get a first hand look at all that Yarmouth has to offer.
This interactive geo-spatial map allows you to see, in real-time, all the available local amenties. You can locate and plot on the map schools, zip codes, communities, neighborhoods, restaurants, churches, gyms, shopping and just about anything! – and identify distances to homes you are interested in.
Very soon we will be adding homes for sale to this map. Give it a try! Yarmouth Lifestyle Search |