Legacy Properties Sotheby’s International Realty Ranks #1 in Maine For Home Sales Over $400,000
Maine Real Estate (January 24, 2017) – Legacy Properties Sotheby’s International Realty, with offices in Portland, Kennebunk, Brunswick, Damariscotta, and Camden, announced today that it continues to hold the #1 Ranking for 2016 for all sales in Maine greater than $400,000. The company reported today that it closed 380 transaction sides totaling $315.7 million for properties priced over $400,000 last year. Although there were more than a dozen cities and towns that were exceptionally strong, the record results are a compilation of sales in more than 60 cities and towns across 12 Maine Counties. Sales in this very competitive market accounted for more than 75% of the total sales for Legacy Properties Sotheby’s International Realty in 2016.
“We are very pleased by this strong market position” said Chris Lynch, President. “Our market share has been improving for many years in the mid-range price points with both buyers and sellers. Our focus on providing the same high level of agent onsite service, beautiful photography, and super high end marketing for all of our listings has been well received. Our selling clients have been very pleased and impressed with the quality of our property presentation and the fact that we go the extra mile for them.”
Legacy Properties Sotheby’s International Realty also reported that it was able to convert 52 of its own proprietary listings to match it with its exclusive buyers for this broad based market segment. “The fact that we often have many of the best listings in a particular town helps us find the best buyers for our listings as well as similarly priced properties in the area” adds Lynch. “We have an incredible portfolio of listings with nearly 1 in every 10 homes over $500,000 listed with us at any given time. It also gives our agents unique market insights on the depth of any locations, price points and home styles which is critical in pricing new listings and advising our buyers on their purchases.”
Legacy Properties Sotheby’s International Realty currently has listed nearly one of every 15 homes over $400,000 and one in every 10 homes $500,000 statewide. “This is a segment of the market that we hope to continue to grow. It is a perfect fit for our approach to marketing homes. When a prospective client sees or hears what we have done for our current clients and what we can do for them in terms of marketing venues and successful sales, they typically become a new client.”
“There is a myth that we only deal with super high value homes, but that is not the case” Lynch concludes. “We know there are special, distinctive, beautiful properties at all price points in Maine. We love to get them the exposure that they need to shine against competing properties.”
Legacy Properties Sotheby’s International Realty can be reached at 207-780-8900 and by email at info@legacysir.com. Legacy Properties Sotheby’s International Realty, with offices in Kennebunk, Portland, Brunswick, Damariscotta, 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 – 207-729-2820 (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)