Home For Sale – 33 Eureka Avenue, York, Maine 03909

About 33 Eureka Avenue, York, Maine 03909

Ocean breezes and a short walk to Long Sands Beach, York Harbor Beach or York Village – located on a corner lot in the heart of it all with this spacious expanded 4 bed/2 bath Cape. Enclosed, heated sun porch off dining room, den, downstairs bedroom, gas fireplace in spacious living room. Seller will lease back, all expenses paid for 8-12 months.

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Home For Sale – 2 Fort Lane, Kennebunk, Maine 04043

About 2 Fort Lane, Kennebunk, Maine 04043

Graciously situated overlooking Mother’s Beach, Lord’s Point and Strawberry Island, this stunning Bowley built home has ocean views from nearly every room! Fabulous 5 BR, 3BA home with custom kitchen, vaulted ceiling, beautiful gardens, 2 car garage, irrigation, security & so much more. Steps from golf, tennis & the beach!

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Maine Home Prices Rise 3.54 Percent In June

PORTLAND, ME (July 24, 2017) – Legacy Properties Sotheby’s International Realty, with offices in DamariscottaPortlandKennebunkBrunswick, and Camden,  has  announced that  Maine real estate continues to rise in value, even with some slight declines in sales. According to Maine Listings, single-family existing homes across the state experienced a 3.54 percent increase in the median sales price (MSP), to $205,000 comparing June 2017 to June 2016. The MSP indicates that half of the homes were sold for more and half sold for less. Sales of single-family existing homes eased 3.62 percent in June.

“Coming off a record-breaking 2016, our June 2017 numbers show continued strength,” states Greg Gosselin, 2017 President of the Maine Association of REALTORS®. “For the state, the number of homes sold in June 2017 is nearly eight percent higher than the most recent three-year June average.

“Homes that are move-in ready and priced appropriately are quickly under contract. Buyers are plentiful and seeking the long-term financial benefits of home ownership.”

According to the National Association of Realtors, home sales across the country in June increased 0.7 percent compared to June 2016. The national MSP of $266,200 reflects a 6.6 percent increase. Regionally, sales in the Northeast increased 1.3 percent while the regional MSP rose 4.1 percent to $296,300.

Below are two charts showing statistics for Maine and its 16 counties. The first chart lists statistics for the month of June only, statewide. The second chart compares the number of existing, single-family homes sold (units) and volume (MSP) during the rolling quarter of April, May and June of 2016 and 2017.

Legacy Properties Sotheby’s International Realty can be reached at 207-780-8900, by email at info@legacysir.comand via our website LegacySIR.comLegacy Properties Sotheby’s International Realty, with offices in Portland, Kennebunk, Damariscotta, Brunswick, and Camden, is Maine’s leading luxury and lifestyle property company with more than 70 agents and 5 offices serving Maine coastal communities from York County to Hancock County as well as the New Hampshire Seacoast.

Offices Located at:

2 City Center, Portland, ME 04101 – 207-780-8900 (Greater Portland Real Estate)

141 Maine Street, Brunswick, ME 04011 – 207- (Mid-Coast Maine Real Estate)

150 Port Road, Lower Village, Kennebunk, ME 04043 – 207-967-0934 (York, Ogunquit, Kittery, the Kennebunks, Biddeford and Seacoast New Hampshire)

170 Main Street, Damariscotta, ME 04543 – 207-563-2775 (Bristol, Christmas Cove, Boothbay Harbor)

46 Bay View Street, Camden, ME 04843 – 207-230-1003 (Camden, Rockport, Mount Desert, Mid-Coast)

U.S. Housing Inventory Hits a New Low…List Your House TODAY!


Every summer, families across the country decide if this will be the year they sell their current house and move into their dream home.

Mortgage rates have hovered around 4% for all of 2017, forcing buyers off the fence and into the market, resulting in incredibly strong demand RIGHT NOW!! At the same time, inventory levels of homes for sale have dropped dramatically as compared to this time last year.

Trulia reported that “U.S. home inventory has tumbled 8.9% over the past year and has now fallen for nine consecutive quarters.” There is now 20% less inventory than there was five years ago.

Here is a chart showing the decrease in inventory levels by category:

U.S. Housing Inventory Hits a New Low… List Your House TODAY!

Bottom Line

Demand for your home is very strong right now while your competition (other homes for sale) is at a historically low level. If you are thinking of selling in 2017, now may be the perfect time.

Home For Sale – 78 Allen Avenue EXT, Falmouth, Maine 04105

About 78 Allen Avenue EXT, Falmouth, Maine 04105

Charm, charm…and more charm in this tastefully updated Cottage-style home along the Presumpscot River. Artfully designed balancing open, airy spaces and cozy nooks. The versatile floor plan offers lovely hardwoods, moldings & built-ins w/a 1st & 2nd floor master bedroom, updated kitchen & family room w/a wall of glass overlooking inviting outdoor spaces, stone patios, mature gardens & a private yard. Minutes to a paddle board or kayak ride, just beyond your back door.

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Home For Sale – 106 Herring Road, Rangeley, Maine 04970

About 106 Herring Road, Rangeley, Maine 04970

A charming, vintage cottage on Rangeley Lake is the perfect spot to spend your summer! This log cottage has 446′ of shorefront, a dock, kayaks, and a very private 4.75 acres. 2 bedrooms and 1 bath downstairs, and a bedroom and loft area upstairs provide sleeping space for 6 or more. The soaring great room has a wood stove for cozy evenings. Imagine sitting in the rocking chair on your wrap-around porch! Look out over the lake, listen to the loons, and feel the stress melt away. What are you waiting for??

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Legacy Collection – Summer 2017

Maine Real Estate Legacy Collection

On behalf of Legacy Properties Sotheby’s International Realty and our more than 75 real estate agents who serve communities throughout Maine and the New Hampshire seacoast, we are pleased to present our latest edition of The Legacy Collection.

Over 85,000 copies of this issue were distributed to Down East Magazine subscribers and select Wall Street Journal subscribers in the Greater Boston and Dallas areas. Additionally, we reserved some for local distribution and boutique hotels up the Maine coast.

Home For Sale – 19 Park Circle, Cape Elizabeth, Maine 04107

About 19 Park Circle, Cape Elizabeth, Maine 04107

Classic shingle-style 5 bedroom, 3.5 bath home situated on a private 3 acre lot in an established neighborhood, on a cul de sac. Spectacular great room with vaulted ceilings and gas fireplace. Relax and entertain on the spacious deck (TREK) off the kitchen and great room. Updated throughout with many custom finishes. Oversized, fabulous outbuilding for various pursuits. Extensive renovations completed by Wright-Ryan Construction in 2016. Peaceful setting abutting the Rachel Carson National Wildlife Refuge.

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Home For Sale – 6 Crescent Terrace, Owls Head, Maine 04854

About 6 Crescent Terrace, Owls Head, Maine 04854

This exquisite Victorian Shingle Style home is situated in a small enclave. 6 Crescent Terrace has a deeded ROW to the beach, and wonderful views of the ocean. The covered porch is appointed with white pillars, and there is a large barn on the property. The home is complemented with elegant perennial flower beds and seems to have a variety of flowering blooms all summer.

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Home For Sale – 205 South Richland Street, South Portland, Maine 04106

About 205 South Richland Street, South Portland, Maine 04106

Well-maintained, updated & charming 1950’s Colonial. Detached garage, insulated/heated workshop, & storage shed. New dry basement system w/ lifetime warranty. Abundant blackberry/raspberry bushes in backyard, raised beds w/ vegetables/flowers. Updated kitchen/bathroom & refinished 1st level hardwood floors. Generator wired to house included in sale. Great opportunity to live in Meeting House Hill neighborhood. Minutes to Millcreek for shopping, Scratch Bakery, Greenbelt trails for biking, close to beaches.

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