Posts Categorized: News

June 2019 Market and Sales Update

The single-family existing home market in Maine remains healthy as the summer sales season is in full swing. According to Maine Listings, Realtors reported selling 6.32 percent more homes in May 2019 compared to May 2018. The Median Sales Price for the state also jumped 4.59 percent to $230,000. The MSP indicates that half of… Read more »

May 2019 Real Estate Market Update

Maine Realtors report strong sales and rising home prices for April 2019. Maine Listings released statistics today indicating a 4.8 percent increase in sales of single-family existing homes (compared to April 2018). The median sales price rose 5.0 percent to $210,000. The MSP indicates that half of the homes were sold for more and half… Read more »

Spacious Custom Cape in Damariscotta!

Don’t miss making this your next family home… at 66 Back Meadow Road. Extended Cape privately sited, conveniently located and beautifully built by one of the area’s finest local builders. The home features an open concept kitchen/dining/living area, first floor master bedroom suite, den or office, three large bedrooms on the second floor and a… Read more »

March 2019 Market and Sales Update

Sales of single-family existing homes in Maine eased slightly, while prices rose 2.85 percent comparing February 2019 to February 2018. The Maine Association of Realtors released statistics indicating a 0.49 percent decline in sales during the month of February 2019 compared to February 2018. The median sales price for the 818 homes sold statewide reached… Read more »

February 2019 Market and Sales Update

Home values are holding steady in Maine, while sales during the month of January 2019 declined compared to January 2018. According to Maine Listings, sales of single-family existing homes eased 12.9 percent last month, compared to January one year ago. Median sales prices (MSP), however, remain unchanged at $200,000. The MSP indicates that half of… Read more »

Waterfront Home on Christmas Cove offered by Newcastle Realty!

Enjoy mesmerizing views of Christmas Cove at 24 Prescott Road, South Bristol. “Port O’ Call,” a magical Christmas Cove year-round home features a large deck overlooking the cove, new kitchen with high end appliances, a glassed sun room and spectacular views from every room. On chilly days, cozy up to the stone fireplace while still keeping… Read more »

October 2018 Market and Sales Report

Realtors across Maine report healthy long-term activity in most markets, despite a dip in sales during September. According to Maine Listings, sales of single-family existing homes eased 5.14 percent comparing September 2018 to September 2017. The value of those homes, tracked statistically by the Median Sales Price (MSP), indicates a rise in home values of… Read more »

September 2018 Market and Sales Update

Strong sales continue in Maine’s single-family existing home market. According to Maine Listings, REALTORS sold 2,072 homes in August, equaling a 5.88 percent sales increase compared to August 2017. The median sales price (MSP) for those homes increased 6.80 percent to $220,000. The MSP indicates that half of the homes were sold for more and… Read more »

Picturesque cottage in New Harbor offered by Newcastle Realty!

Dine or just unwind on the turreted front porch… at 154 State Route 32, New Harbor. Picturesque, shingle-style cottage with unobstructed views of the ocean! Here is the all-season home you have dreamed about! Built to perfection with tile and wood floors, granite and soapstone counters, fieldstone fireplace and spectacular trim and finish work. Enjoy a… Read more »