Real Estate News

  • Maine Real Estate,  Press Releases,  Real Estate News

    Legacy Properties Sotheby’s International Realty Ranks #1 in Maine for Property Sales Over $600,000 in 2023

    Portland, Maine (January 2024) Legacy Properties Sotheby’s International Realty, with offices in Portland, Kennebunk, Brunswick, Damariscotta, Camden, and Northeast Harbor, announced that it again achieved the #1 ranking for Maine property sales over $600,000. According to Maine Listings statistics, Legacy Properties Sotheby’s International Realty closed 516 transaction sides over $600,000, for a total sold volume in excess of $727 million. This is among the most competitive sectors in Maine real estate, with hundreds of offices and thousands of agents competing for listings and buyers. “People are often wrongly led to believe that our company is exclusively a luxury property company, but as one can see, that is not the case,”…

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  • Maine Real Estate,  Press Releases,  Real Estate News

    Legacy Properties Sotheby’s International Realty Ranks #1 in Maine for All Waterfront Property Sales in 2023

    Portland, Maine (January 2024) 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 it again retained the #1 ranking for waterfront property sales in Maine in 2023. 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 263 waterfront property transaction sides, totaling over $345 million in property value. We achieved an impressive annual average selling price of $1,310,000, which is more than double that of our next closest competitors. “The waterfront property market has…

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  • Luxury Real Estate Agents,  Maine News,  Maine Real Estate,  Maine Real Estate Agents,  Press Releases,  Real Estate News

    Portland Office Welcomes Eliza Rauscher

    Portland, Maine (January 2024): Legacy Properties Sotheby’s International Realty, Maine’s leading luxury real estate company, is proud to announce that Eliza Rauscher of Cape Elizabeth has joined the brokerage in Portland with Heather Shields‘ team.

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  • Maine Real Estate,  Press Releases,  Real Estate News

    Legacy Properties Sotheby’s International Realty Achieves Record-Breaking Results in 2023, Ranking #2 in Maine Real Estate Sales Volume and Reaching an Average Sale Price of $964,000

    Portland, Maine (January 2024) 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 it achieved annual property sales of $865 million in 2023, totaling 898 transaction sides and a record-breaking average sales price of $964,000. The company also beat its own record for its highest-value property sale, “Floating Boulder” in Orland, Maine, for $8.5 million last year, with two extraordinary property sales of $9 million in Kennebunkport and $9.75 million in St. George. The company also succeeded in numerous record sales in multiple communities throughout the state. Legacy Properties Sotheby’s International Realty continues a long-running string…

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  • Maine Real Estate,  New Listings,  Portland Maine Real Estate,  Real Estate News

    New Listing! 1501 Forest Avenue, Portland – $480,000

    1501 Forest Avenue, Portland Represented by Jessica Falcone Immerse yourself in an early 1900s charm seamlessly integrated with modern clean lines. This Dutch colonial boasts stunning refinished wood floors, an original fireplace with a wood stove insert, and a designated sunroom, all complemented by a timeless layout. Natural light floods the space, enhancing its beauty. Tucked away on Libby Street, the driveway ensures tranquility, while inside, the ambiance is serene. With solid floors underfoot and a superb location, this home is a gem. Explore the extensive list of upgrades made in the last two years for added value. Click for More Information on this beautiful Portland, Maine Real Estate Listing.…

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  • Boothbay Harbor Maine Real Estate,  Maine Real Estate,  New Listings,  Real Estate News

    New Waterfront Condo Listing! 8 McFarland Point Drive 31, Boothbay Harbor, Maine – $495,000

    8 McFarland Point Drive 31, Boothbay Harbor, Maine Represented by Stephanie Branch Experience the charm of downtown living with this townhouse-style condo at Signal Point. Offering an ideal setting for both seasonal getaways and year-round living. This inviting condo features an upgraded kitchen and an open concept living area, leading to a private back patio. A half bath and laundry are also conveniently located on the first floor. Head upstairs to the second floor to the bright and airy primary bedroom with vaulted ceilings and private deck. There is also a full bath with separate vanity, as well as a guest bedroom with large walk-in closet. The third level offers…

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  • Maine Real Estate,  Midcoast Maine Real Estate,  New Listings,  Real Estate News,  Rockland Maine Real Estate

    New Listing! 57 Grace Street, Rockland, Maine – $495,000

    57 Grace Street, Rockland, Maine Represented by Aaron Crossman Located a short walk to downtown Rockland and all it has to offer this charming property has been fully renovated. The main floor has an incredible eat in kitchen which features quarter sawn oak floors, quartz countertops, gas stove and ample counter space. A full bathroom, dining and living rooms along with an office space complete the first-floor finished area. There is also a pantry and large storage area off the back. The second-floor features 3 bedrooms and a beautifully redone bathroom with tiled shower. The current owners purchased the house in 2015 and since that time have updated everything! The…

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  • Maine Real Estate,  New Listings,  Portland Maine Real Estate,  Real Estate News

    New Listing! 105R Brackett Street, Portland, Maine – $849,000

    105R Brackett Street, Portland Represented by Heather Shields This enchanting ”hidden house” is nestled discreetly behind the homes lining Brackett Street in Portland’s West End, inviting you into its own little world as you step into the private, fenced yard. Inside, you will find a balance of antique charm and modern elegance. Built in 1875, thoughtfully and meticulously renovated in 2020, the inspired remodel was recently a Downeast Magazine Maine Homes feature. The cheerful, light filled rooms feature refinished original pine floors and high ceilings, giving the home a spacious yet cozy ambiance. The rooms have an easy flow that lead into the flawlessly designed kitchen at the heart of…

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  • Maine Real Estate,  New Listings,  Real Estate News,  West Bath Maine Real Estate

    New Waterfront Listing! 82 Rockweed Road, West Bath, Maine – $1,242,000

    82 Rockweed Road, West Bath, Maine Represented by Dennis Duggan A summary of the property includes the following: Home is 3,100 SF, Barn 1300 SF, sited on 1.68 acres with 437 ft of saltwater shore frontage. 3 Bedrooms, including 1 bedroom and bath on the first floor, 3.5 baths, living/dining room, finished basement with wood stove that includes office and storage, first floor laundry and insulated studio with wood stove (formerly a garage). 1.5 story barn-garage-boat storage, enclosed exterior cedar pet area. Fully landscaped site. The residence faces Southwest towards the New Meadows River and is well landscaped with many perennials and shrubs including Rhododendrons, Azaleas, Peonies, Clematis, Lilies and…

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  • Economic News,  Maine Real Estate,  Press Releases,  Real Estate News

    Maine Home Prices Increased Over Six Percent in December

    PORTLAND, ME (January 22, 2024) – 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 Maine’s real estate market continues to demonstrate strength, despite challenges such as limited inventory and prevailing interest rates that are affecting the balance in the single-family home sector. According to Maine Listings, December 2023 saw a 6.21 percent increase in the median sales price (MSP) to $350,500, compared to the same month in 2022. The MSP is the midpoint at which half the homes sold for more and half for less. However, there was a 6.14 percent decrease in sales in…

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