2nd Quarter Market Report: Cumberland County

Real estate sales for Cumberland County single family homes in Q2 2017 experienced a 11% increase in median sold prices and a 13% decrease in days on market, due largely in part to low inventory.  Inventory compared to Q2 of 2016 has dropped from 1,740 units sold, to 1,183 units sold - a 14% decrease.  If you are thinking about selling, now is the...

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Dava is featured in the MEREDA Spring Index!

The MEREDA Spring Index is out and our own Dava Davin is featured on the residential segment!As a key economic indicator for Maine, the MEREDA Index measures the pulse of the state’s real estate industry. The MEREDA Index is the leading way our industry tracks changes in Maine’s real estate markets. It’s a composite of nine measures reflecting...

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Investing in Portland

Does the booming Real Estate market have you wondering if investing in a multi-unit is a smart investment? Join John Fitzsimons on April 11th from 5-7pm and he will go over the ins and outs of purchasing a multi-unit building as an investment; the good and the bad.  John will be joined by John Rose of Acadia Lending Group and Brandon Lussier...

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Market Insight: Portland's Multi-Unit Market • Q4 2016

How is the multi-family market looking after Q4?  Prices have remained strong and with low inventory, competition in this market remains high.      Here are the numbers: •  The median sales price for a multi-family building in Q4 of 2016 was $407,500, up 10.7% from 2015’s Q4 median sales price of $368,000•  The average price per unit sold in Q4...

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Market Insight: Portland's Multi-Unit Market • Q3 2016

How would I describe the Portland multi-unit market?  Stabilizing, but still trending upward.   Although median sale prices are down year over year for the 3rd quarter, median sale prices for the year are still trending upward. Portland continues to see healthy market activity in 2016.  Here are the numbers:- The median sales price for a multi-unit...

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Portland Condos :: Portside's Picks

The Portland condo market still going strong with over 90 condos currently listed ranging from $135,000 to $1.6M.  Here are our top 3 picks: 15 Brown Street #406, PortlandLocated in the heart of Portland's Art District, condo enjoys two levels of decks with water and city views!Listed by Jessica LaPlante 22 Hancock Street #203, PortlandPhenomenal downtown...

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Digital Marketing Lunch and Learn: Facebook Marketing

Portside kicked off our Digital Marketing Lunch 'n' Learn series yesterday!  Our Marketing Manager, Jessica Nason, introduced us to Facebook's newest features, explained best practices and much more!  We are looking forward to the next session in this series! We were also joined by Jen Byrant of Two Lights Settlement and Chad Hayes of Residential...

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