Westbrook Maine Summer Housing Report

As the leaves continue to fall off the trees in Maine, the real estate markets of Westbrook Maine continue to chug along.  Located to the immediate west of Portland, for the 3 months ending September 2009, 56 homes sold at a median price point of 187K. Ironically this is the same exact amount of homes that sold in 2008.  Median prices are down from a year prior 6%, which is better than the approximate southern Maine residential real estate average of about 10% give or take.  Like many parts of the country, the first time homebuyer continues to help this communter market of Portland out significantly. 

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