May 4, 2020

Market Update: Knox County Maine April 2020

Posted in Market Summary
April 29, 2020

Virtual Open House: 148 Russell Avenue in Rockport

Take a tour inside of 148 Russell Avenue in Rockport, Maine 

 

Nov. 5, 2019

Rockport Commercial Lease Space

Coming Soon!

Information regarding a commercial lease space in Rockport Maine. 

1500-3500 square feet

Sept. 24, 2019

Home for sale: 150 Washington Street Camden Maine

We love this home. 150 Washington in Camden Maine

Turn-key

Comfortable

Close to all things Camden

Energy Efficient

 

Sept. 10, 2019

Home for Sale: 110 South Cobbtown in Lincolnville Maine

 

Mother nature meets contemporary architecture in this inspiring home. Blended seamlessly into the surrounding woods high above the Ducktrap River and looking out towards Camden Hills. Close to everything yet unable to see another house while you watch the eagles soar over the mountains. Glass vaulted solarium takes full advantage of the sun and is coupled with solar panels for hot water and electric. Ample guest space separated from the main

FMI Visit the property page of our website. 

Listed by: Jack Kelly 

 

 

 

 

Sept. 7, 2019

Home for Sale: 468 Rockland Street in Rockport Maine "Blueberry Ridge"

 

"Blueberry Ridge" Is an amazing opportunity to own an expansive home in the desirable town of Rockport in Midcoast Maine. This property is currently used as a short term rental and is highly desired as a wedding and event location. The large barn, indoor pool, tennis court and landscaping further enhance this appeal of this property. Come find out why "Blueberry Ridge" is the place to be on the coast of Maine.

 

FMI: Visit the property page  or contact Chuck Brawn

 

Aug. 23, 2019

Land for Sale: Build a home in Camden Maine

Build your dream home in Camden Maine. This property is improved with underground power and a four bedroom septic. It's not part of a subdivision and does allow for stick built, modular and mobile homes. 

 

 

FMI: 79 Start Road in Camden Maine

Listed by: Chuck Brawn

July 1, 2019

Midcoast Maine: June 2019 Market Summary

Below you will find a market summary of the larger towns in Midcoast Maine: Camden, Rockport, Rockland and Belfast.

If you would like a market summary for your Maine town or a market analysis of your home feel free to contact us

Discover homes currently for sale in Camden, Maine

 

Camden Maine: June 2019 Market Summary

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Discover homes currently for sale in Rockport Maine

ROCKPORT MAINE MARKET SUMMARY JUNE 2019

Discover homes currently for sale in Rockland Maine.

Rockland Maine June 2019 Market Summary

 

Discover homes currently for sale in Belfast Maine.

 

Belfast Maine June 2019 Market Summary

Posted in Market Summary
June 18, 2019

Rockport Maine Lot for Sale: Reflection Pond

Build your dream home on this Rockport Maine building lot.

 

FMI: Click Here

 

 

 

FMI:

Feb. 6, 2019

Median Sales Price vs. Average Sales Price

We have been asked: “Why do you put the median sales price on your just listed postcards and just sold postcards?” We hear that the majority of people like to use the term average. Average Sales Price doesn’t always accurately depict our real estate market areas.

Median Sales Price vs. Average Sales Price

When you’re buying or selling a home, you might evaluate the average sale price or the median sale price in your town. But what’s the difference between the two figures, and which number should you rely on as a valid measure of typical home prices in your area?

The Difference Between the Median Sale Price and Average Sale Price

The average sale price is calculated by adding all the sale prices for homes sold in a specific town and within a certain time frame and dividing that total by the number of properties sold.

Average Sales Price Example: 29 homes sold in a Lincolnville Maine last year, the average home price would be calculated by adding the sale prices for all 29 homes and dividing that figure by 29. Which creates an average sales price of $345,924.

The problem with the average sale price is that if one or more properties were sold at a very high or very low price, the average becomes skewed by that higher or lower home price. The median sale price, on the other hand, is the sale price in the middle of the data set when you arrange all the sale prices from low to high.

The median sale price, then, represents the figure at which half of the properties in the area sell at a higher price and other half at a lower price.

Median Sales Price Example: Using the same 29 homes that sold in a Lincolnville Maine last year, the Median sold price is $240,000

Is the Median Sale Price or Average Sale Price a Better Figure? It’s beneficial to calculate both the average sale price and median sale price to help you determine the ideal listing price when buying a home. In the Lincolnville examples above there is an over $100,000 difference between the median and average sales prices.

When you list the current listing prices in your area or the sale prices for sold properties, you can easily determine if there is an outlier that could be inflating the average price calculation. It’s important to take into consideration all figures.

For more advice on how to make the most money from selling or buying a home, contact a Dwelling in Maine Real Estate Agent. We can walk you thru determining the best price for a property in Midcoast Maine.