THE CAMDEN MARKET IN CONTEXT

AS WE MOVE INTO THE FALL SEASON and the last quarter of the year, the 2016 Maine real estate market is coming into focus. A look at the overall statistics for properties listed above $1,000,000 shows continued strength in southern Maine, a solid improvement in the mid-coast region and ongoing softness in the [...]

Market Highlights

• Sales in the first half of 2016 were strong with 39 sales, on par with the past two years.
• Inventories are at record high levels, especially at the higher end of the price range.
• Pent-up demand and a strong stock market are fueling the market, but excess inventory means sellers must compete for buyers.
• Turnkey properties are
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Market Highlights

• Sales in the first quarter of 2016 were strong with 18 sales, close to the record of 23 sales in 2008.
• Inventories are at record high levels, especially at the higher end of the price range.
• Pent-up demand and a strong stock market are fueling the market, but excess inventory means sellers must compete for buyers.
• Turnkey properties are
[...]

Market Highlights

• First quarter volume of $2,000,000 + sales was strong (34 vs peak 40 sales in 2015).
• Top sale for the first quarter: $6,700,000, 383 River Road, Carlisle.
• First quarter inventories grew 46% compared to a year ago.
• LandVests markets continue to improve in volume, turnover, and with significant record sales.
• Special properties, expertly presented, reaching out to a broad market with a strong value proposition, are well received by the
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The LandVest High-End Market Watch is a periodic review of select high-end