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December 5, 2009
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  CONDITIONS™
By Local Real Estate Experts  


Market Conditions for Belgrade, Maine

Reported by Linda Butterfield, REALTOR

Updated August 19, 2009.

Current Market Rating: 2




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2
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5
Buyer's

Seller's

Current Price Trend: 2




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2
3
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5
Falling

Rising

Recently Belgrade has experienced a buyer's market with sold prices falling. Now is the time for buyers to purchase the property of their choice taking advantage of the low interest rates and lower home prices.

In July we had 3 sold properties with an average list of $332,000. All three where residential listings. Currently there are 88SF listings with an median list price of $373,653 , 2 multi-units with an average list of $262,000, 40 land listings with an average list value of $101,517 and 2 commerical listings.

Feel free to call me anytime at (207)649-3279.

Thanks,

Linda

ZIP Code: 04917

Location Characteristics: Belgrade is located approximately 12 miles from Augusta, the capital of Maine. It emcompases portions of Great Pond, Long Pond, Messalonskee Lake and Salmon Lake. The number of seasonal and year round housing units are about equal. Today the current population is around 4,000.
There are 2 major industries today, 2 lumber mills and a gravel, cement and concrete building products company. Tourism is the other major industry and the town population doubles in the summer when camp property owners and their families arrive. There is a local golf course and plenty of recreational activites for all.
Belgrade has 1 of 4 Water Postal Routes certified by the Postal Service in the United States.
The village has restaurants, gift and antique shops..

For More Information:

View Market Conditions of other areas served by Linda Butterfield

Navigate: Top > Maine > Belgrade

These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.




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