MAINE HOME SALES DECLINE 17.58 PERCENT IN JANUARY SOUTH PORTLAND (February 25, 2009)-According to the Maine Real Estate Information System, Inc., Realtors sold 87 fewer homes last month than in January 2008, a 17.58 percent decline from January 2007. The statewide median sales price for an existing, single family home was $152,250 in January, a decrease of 17.7 percent from one year ago. The median sales price indicates that half of the homes were sold for more and half sold for less. The National Association of Realtors recorded a 7.1 percent nationwide sales decline last month. The national median price for a single-family existing home declined 13.8 percent to $169,900. In the regional Northeast, sales were down 23.8 percent while the regional median home price slid 14.7 percent to $228,200. Gail Caruso, Broker with Swan Agency in Bar Harbor, says the time is right for many to enter the market. "For qualified buyers, the rates are historically low and there is a diversified selection of homes for sale, with motivated sellers." Rita Yarnold, President of the Maine Association of REALTORS continues, "The combination of low interest rates and the new $8,000 tax credit recently passed by Congress, affords first-time homebuyers the unique opportunity to take advantage of a diversified selection of homes for sale." Here is a quick snapshot of Maine's 16 counties. Overall, house sales in Maine are off 19.05% and the median housing price is down from $185,500 a year ago to $164,900 representing a -11.11% drop. Here are the individual county numbers. Sales last January compared with this one and the drop in median home price in that county is below. You will note Washington County saw no decline from this January compared to last.
The Numbers For "Vacationland" Are Out. Here's The Newsletter From the Maine Association Of Realtors.
Androscoggin 149 132 -11.41% $152,000 $125,500 -17.43%
Aroostook 88 47 -46.59% $87,750 $80,000 -8.83%
Cumberland 476 399 -16.18% $242,250 $220,000 -9.18%
Franklin 46 42 -8.70% $131,450 $108,500 -17.46%
Hancock 105 92 -12.38% $205,000 $177,950 -13.20%
Kennebec 186 150 -19.35% $140,900 $136,000 -3.48%
Knox 70 62 -11.43% $249,000 $151,000 -39.36%
Lincoln 60 51 -15.00% $232,500 $184,500 -20.65%
Oxford 108 87 -19.44% $171,250 $118,000 -31.09%
Penobscot 269 191 -29.00% $134,305 $124,000 -7.67%
Piscataquis 31 30 -3.23% $79,900 $78,250 -2.07%
Sagadahoc 54 43 -20.37% $191,500 $161,700 -15.56%
Somerset 65 48 -26.15% $108,000 $81,250 -24.77%
Waldo 81 43 -46.91% $165,000 $160,000 -3.03%
Washington 10 10 0.00% $178,000 $51,250 -71.21%
York 333 298 -10.51% $231,600 $200,500 -13.43%
Source: Maine Real Estate Information System, Inc. Note: MREIS, a subsidiary of the Maine Association of REALTORS, is a statewide Multiple Listing Service with over 4,600 licensees inputting active and sold
property listing data. Statistics reflect properties reported as sold in the System within the time periods indicated.
Maine REALTOR Andrew Mooers - Maine Real Estate Sale Figures For January 2009

a little cleaning, a few loose end simple jobs and wait for a buyer..nothing to it. Mr. Seller, you need to start with why are you selling, where are you going, and seriously what does a professional full time real estate broker say the market value of the place is? If you ignore proper pricing in tune with the market, no matter how much advertising or superior marketing, the over priced property will develop shelf life and the assumption something is inheritly wrong with the place festers in the mind of home buyers wondering why it does not sell. When it gets stale on the market, it can become kryptonite. An over priced property only helps sell other fairly priced ones. Do you want to just list it or actually sell it? What does the broker you select and trust tell you beside the fair market value that you should consider and prepare for? Where are you going to move and what conditions of the sale or possession need to be addressed now, not in the eleventh hour? What improvements are worth while or wasting money you may or may not have? Why did you buy the place and what do you like after living here for fringe benefits that can used in
marketing? Is it okay for your broker to take a scan of that wall hanging of the super aerial of the place you took from your brother Bob's ultra light last summer? It will help show case the home and have a dramatic effect.
America's economy and you feel good doing business with the owner in the store.
highlights of the game and the activity of the arena that is charged with excitement. Watch the video below!
options
Are you a member of Rotary which is world wide, serving others above self? The
heading right back the same Monday. This habit of scheduling creates some slack to handle the Monday morning drop ins. Like a real estate clinic. This particular Monday snow is falling, SAD 29 and other area Houlton Maine schools are closed due to the weather so getting loose ends done and preparing for the day is easy when the storm is the main attraction....not showing or listing real estate but talking about how to do it with this blog you are reading. This is what a snowstorm looks like in Houlton Maine below.
that was paid for and had lower operating overhead? Small sometimes is better...and weathering economic ups and downs are much easier for the well run, tight knit small business.
a short blurp of copy. Twitter...that's the concept but with you tinyurl's beckoning to come this way and I'll tell you or show you more. Less is more. Not writing novels, not going off on rabbit trails. Just nail it, boil it down to one thought...kinda like writing a greeting card..maybe that is what the originators of Twitter did before this innovation. It's like a bird that flitters. Ping pong serves of your thought, schedule, struggles, triumphs...your life at the moment. Do you
propanganda. It would save readers times albeit restrictive but gain a following that comes back with a catchy headline and knowing this will not take long. Like brunch...not a seven course banquet with seven forks. Communicating a snippet of knowlege or personal /business observation during the storm of life. Do you twitter?
to distract and drain resources, not matter how much money you throw at Joe Citizen to spend in a small token stimulus check, you slowly learn you need to start with the other end of the cow.
and an eagle eye for slank in the operation and produces something timely, that is needed and affordable right here in this country, that is the beginning of rising out of the quick sand we are trying to tread frantically in. Let individuals create their own destiny not making it the handiwork of talking head college professors anxious to sell a book or appear on a talk show for their own betterment or to serve on congressional boards to shape the economic future. Small business..that is the engine that runs this recovery and feeds the many programs / entitlements that Americans enjoy but no longer can pay for or expect.