Posts Categorized: Featured

June 2020 Real Estate Market Report

Sales of Maine’s single-family homes eased in May, due to effects from COVID-19 and limited supply; however, value and demand for available homes remained strong. According to Maine Listings, Realtors sold 21.34 percent fewer homes in May 2020, compared to May 2019. Prices continued to rise, with a median sales price increase of 3.43 percent… Read more »

May 2020 Real Estate Market Report

Despite a pandemic-fueled wane in the sales of single-family homes, values in Maine increased by double digits last month. According to Maine Listings, Realtors sold 194 fewer homes in April 2020 compared to April 2019, which is a decrease of 15.41 percent. The median sales price (MSP) jumped 12.29 percent to $235,800, compared April 2020… Read more »

Introducing Matterport 3D Virtual Tours

The COVID-19 Pandemic of 2020 has caused a significant adjustment to the way real estate is viewed, and bought and sold. The brokers at Newcastle Realty now follow important safety protocols and often meet with clients by phone and video chat. Paperwork and documents are signed electronically, and showings are conducted by video, or by… Read more »

April 2020 Real Estate Market Report

February statistics released on March 20, 2020 by Maine Listings indicated a 5.75 percent increase in sales of single-family existing homes, comparing February 2020 to February 2019. The median sales price (MSP) for the 865 homes sold reached $216,900—an uptick of 8.45 percent over that same period. The MSP indicates that half of the homes… Read more »

Our Plan to Serve You Throughout COVID-19 (Update)

At Newcastle Realty, our top priority is to keep our staff, clients, vendors, and community partners safe during the COVID-19 crisis. On March 18, we closed our office to non-staff personnel and transitioned to meeting with clients via phone or video—many of our brokers were already working remotely. Today, we are moving all remaining support… Read more »

Our Plan to Serve You Throughout COVID-19 (Coronavirus)

At Newcastle Realty, our top priority is to keep our staff, clients, and vendors safe during the COVID-19 crisis, as we look for ways to support others in our local community. We are doing our part to reduce risk by closing our office to non-staff personnel effective March 18. If you need to meet with… Read more »

Meet Team JMZ at Newcastle Realty

Teams of Real Estate brokers are the new trend in Real Estate firms across the country, with Newcastle Realty on the forefront in this area. Lorrie Zeiner, a seasoned broker with over 35 years experience reaching from Camden to Kennebunk, became Dean Jacobs’ mentor two years ago. Dean’s business background prompted him to approach Lorrie… Read more »

Newcastle Realty Finishes Strong in 2019

Newcastle Realty completed another banner year in 2019 with 168 transactions and $43 Million in sales, putting them in the forefront of the Damariscotta area market. In spite of a very tight supply of for-sale inventory, the number of homes sold during 2019 is at a statistical dead heat with 2018, Maine’s best year ever… Read more »

Helping to combat hunger in Lincoln County!

In the spirit of Community Giving, employees from Cheney Financial Group volunteered to help the Rotary and Lions Clubs of Damariscotta-Newcastle fight hunger in Lincoln County. One in seven persons is hungry in Lincoln County. The bell ringing season starts each November and runs through Christmas Eve. Volunteers are the difference between an empty kettle… Read more »

December 2019 Real Estate Market Report

Maine single-family existing home values increased in November, while limited inventory led to a decrease in sales. According to Maine Listings, 123 fewer homes were sold in November 2019—a 7.59 percent decline from November of 2018. The statewide median sales price (MSP) hit $225,000, up 2.74 percent compared to November 2018. The MSP indicates that… Read more »