Phippsburg Maine October 2010 Real Estate Update

By
Real Estate Agent with The Herrigel-Kennedy Group - Portside Real Estate

The Coastal town of Phippsburg Maine saw 3 residential real estate transactions last month out of a total of 79 Phippsburg Maine Homes for Sale.  These sales  had a median price of 210K with a median days on the market of 70.  September 2010 also saw 3 homes sell in the Phippsburg Maine Waterfront town but at a much higher median sales price of 256K.  While these lower sales prices in October allowed  for the median days on the market for Coastal Maine Real Estate sales to decrease by 72% compared to the higher priced market this past September, the sales did not change. It appears that Phippsburg Maine Real Estate will still sell at a higher price point, but it is ultimately the sellers decision if they are willing to wait for those sales to go through.

This blog was compiled by John Herrigel,  a local Maine real estate broker with Green Tree Realty. Feel free to contact me directly at 207-650-5383 or via email at john@greentreemaine.com for additional info on the Phippsburg Maine real estate markets.

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John Herrigel

Portland, ME - Real Estate
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