Yarmouth Maine Real EstateSearch for Homes & Condos for Sale | Community ProfileYarmouth, 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. Quintessential 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. Yarmouth is sought out by many families 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. Educational Excellence The 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. Real Estate Sales
Yarmouth continued to be very desirable in 2018 as buyers matched last years previous records which smashed both units sold and days on market. Buyers felt compelled to purchase properties as soon as they became available, with the median days on market being just 13 compared to 22 in 2016. This year almost matched last year's record high for numer of homes sold of 133, trailing behind at 132. Like much of the Greater Portland area, the median selling price in Yarmouth also grew in 2018, rising to record level of $478,500. | | | | | 2019 Sales - YTD Results Through April |
| | Prop
Type |
| Median Prices YTD
2019 | 2018
| | Unit Sales YTD
2019 | 2018
|
| % of
List Price |
| DOM | | | | | | | | | | | |
| | Homes | | $530,000 | $450,000 | | 29
| 29 | | 101.92% | | 9 | | | Condos | | $272,500 | $270,000 | | 4
| 3
| | 95.78%
| | 17
| | | | | | | | | | | | | |
| | All housing data has been compiled from research by Maine Home Connection using information from the Maine Real Estate Information System (MREIS) |
In 2018 there were 61 sales priced above $500,000 compared to 46 in 2016, representing the seventh consecutive year of growth in this segment. The median price grew to $736,935 a 13.8% jump.
Condo sales grew in the Yarmouth market, with sales increasing significantly from the previous year. In 2018, condo sales were up to just 15 from 8 in 2017. This coupled with an 15.3% increase in median pricing reflects an overall demand in this segment.
| | | Yarmouth Sales History | | Year | Units | Price | 2018
| 132 | $478,500
| | 2017 | 133 | $465,500 | 2016
| 114 | $414,750 | 2015
| 121
| $397,500
| | 2014 | 109 | $400,000
| | 2013 | 106 | $392,000 | | 2012 | 95
| $371,250 | | 2011 | 82
| $329,000 | | 2010 | 78
| $272,000 | | 2009 | 91
| $300,000 | | 2008 | 72
| $290,000 | | 2007 | 78
| $372,500 | | 2006 | 82
| $340,000 | | | | |
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