Press Releases
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Maine Home Prices for February Increase Nearly 11%
PORTLAND, ME (March 21, 2023) – Legacy Properties Sotheby’s International Realty, Maine’s leading luxury property company, with offices in Portland, Kennebunk, Brunswick, Damariscotta, Camden, and Northeast Harbor, announces that the availability of properties for sale continues to be an issue for buyers of single-family existing homes across Maine. According to Maine Listings, Realtors sold 708 homes last month—a dip of 19.4 percent from February 2022. Prices increased 10.7 percent in the past year, with data indicating a median sales price (MSP) of $329,250. The MSP indicates that half of the homes were sold for more and half sold for less. “Conversations with REALTORS® across Maine indicate that buyer demand remains…
- Boothbay Harbor Maine Real Estate, Luxury Real Estate Agents, Maine Real Estate Agents, Press Releases
Damariscotta Office Welcomes Susan Peterson
170 Main Street, Damariscotta, Maine (March 2023): Legacy Properties Sotheby’s International Realty, Maine’s leading luxury real estate company, is proud to announce Susan Peterson of Boothbay Harbor has joined the brokerage. “We are pleased to welcome Susan Peterson to our office serving Damariscotta and the Boothbay Harbor regions. Susan is a professional who recognizes the power of our global brand and the services we are able to offer,” says Chris Lynch, President. “No doubt her clients will benefit from her access to the best resources in the industry.”
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Number One in Maine for Waterfront Property Sales in 2022
Portland, Maine (March 2023) – Legacy Properties Sotheby’s International Realty, with offices in Portland, Kennebunk, Brunswick, Damariscotta, Camden, and Northeast Harbor, announced that it again retained the #1 ranking for waterfront property sales in Maine in 2022. The company reported that it sold more Maine waterfront properties than any other real estate company in the state based on total dollar sales volume. Legacy Properties Sotheby’s International Realty closed 278 waterfront property transaction sides, totaling over $360 million in property value.
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Sotheby’s International Realty Expands in New York
PORTLAND, MAINE (March 6, 2023) – Legacy Properties Sotheby’s International Realty, Maine’s leading luxury property company, with offices in Portland, Kennebunk, Brunswick, Damariscotta, Camden, and Northeast Harbor, announced that Finger Lakes Realty Partners has joined the network and will now operate as Finger Lakes Sotheby’s International Realty. The addition marks the brand’s continued growth in New York and its 59th office in the state. The firm is owned and operated by Jerry Morrissey, who brings more than 20 years of real estate experience to the company, and will serve Central New York region, the Finger Lakes region, and areas up to Lake Ontario. “The Finger Lakes region is often considered a hidden gem, known for its…
- Luxury Real Estate Agents, Maine Real Estate, Midcoast Maine Real Estate, Press Releases, Real Estate News
Brunswick Office Welcomes Laurie Halls
141 Maine Street, Brunswick, Maine (March 2023): Legacy Properties Sotheby’s International Realty, Maine’s leading luxury real estate company, is proud to announce Laurie Halls of Lisbon has joined the brokerage. “I have had the pleasure of knowing Laurie Halls for years,” says agent Joane Tait, Senior Vice President in Brunswick. “She is a compassionate individual with a superior work ethic, infectious charm, and sense of humor. She will be a great addition not only to Legacy Properties Sotheby’s International Realty but also to the public, other agencies, and her clients.”
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Number One in Maine for Luxury Property Sales in 2022
Portland, Maine (February 2023): Legacy Properties Sotheby’s International Realty, with offices in Portland, Kennebunk, Brunswick, Damariscotta, Camden, and Northeast Harbor, announced that it again retained the #1 ranking for luxury property sales in Maine. The company reported results based on its ongoing success selling properties priced over $1 million.
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Maine Home Prices Increased 11 Percent in January
PORTLAND, ME (February 21, 2023) – Legacy Properties Sotheby’s International Realty, Maine’s leading luxury property company, with offices in Portland, Kennebunk, Brunswick, Damariscotta, Camden, and Northeast Harbor, announces that Sales of single-family existing homes in Maine continue to be affected by rising mortgage interest rates and a smaller number of available homes for sale. Maine Listings announced a 34.99 percent sales decrease in January 2023, compared to January 2022. The median sales price (MSP) for homes sold in January 2023 reached $325,000, an increase of 11.21 percent over January 2022. The MSP indicates that half of the homes were sold for more and half sold for less.
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Announcing New Company Records in 2022 for Maine Home Sales
Portland, Maine (February 2023): Legacy Properties Sotheby’s International Realty, with offices in Portland, Kennebunk, Brunswick, Damariscotta, Camden, and Northeast Harbor, announced that it achieved annual property sales of $845 million in 2022, totaling 949 sides and a record-breaking average sales price of $890,000. The company also beat its own record for its highest-value property with the sale of “Floating Boulder” in Orland, Maine, for $8.5 million and boasts numerous record sales in multiple communities throughout the state. Legacy Properties Sotheby’s International Realty continues a long-running string of record-breaking annual performances.
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Sotheby’s International Realty Expands in California
Photo by Jeremy Bishop PORTLAND, MAINE (January 24, 2022) – Legacy Properties Sotheby’s International Realty, Maine’s leading luxury property company, with offices in Portland, Kennebunk, Brunswick, Damariscotta, Camden, and Northeast Harbor, announced that Richardson Properties has joined the network and will now operate as Richardson Sotheby’s International Realty. The addition marks the brand’s continued growth in California and its 115th office in the state. The company is led and managed by Chris Richardson and Brooke Sutton who bring more than 30 years of collective real estate experience. The company will service the entire San Luis Obispo County, in addition to Southern Monterey and Northern Santa Barbara Counties. “California’s Central Coast blends lifestyle with location and offers some of the state’s most significant and…
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Maine Home Prices Rose 12 Percent in 2022
PORTLAND, ME (January 20, 2023) – Legacy Properties Sotheby’s International Realty, Maine’s leading luxury property company, with offices in Portland, Kennebunk, Brunswick, Damariscotta, Camden, and Northeast Harbor, announces that the real estate market in Maine adjusted during the 2022 sales year due to an increase in mortgage interest rates and a shortage of available homes for sale. Statistics released by Maine Listings indicate a 17.49 percent decrease in single-family existing home sales last year. Home prices, however, continue to rise. The median sales price (MSP) for the year reached $335,000—up 12.04 percent over 2021. The MSP indicates that half of the homes were sold for more and half sold for…
