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December 3, 2009
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  CONDITIONS™
By Local Real Estate Experts  


Market Conditions for Oakland, Maine

Reported by Linda Butterfield, REALTOR

Updated August 19, 2009.

Current Market Rating: 2




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Buyer's

Seller's

Current Price Trend: 2




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Falling

Rising

Recently Oakland has experienced a buyers market with pricing adjusting a little lower. Now is the time for buyers to take advantage of historic low interest rates and lower property costs.

In July there where 8 properties sold with an aveage list of $167,175. Currently there are 78 residential listings with an average list value of $246,571, 9 multi-unit properties with an average list value of $106,911, 31 land listings with an average list value of $65,590 and 6 commercial listings with an average list of $357,817.

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

Thanks,

Linda


Location Characteristics: First settled in 1780, Oakland is the gateway to the Belgrade Lakes Region. It is approximatly eighteen miles from August, the State Capital and four miles from Waterville. Oakland is roughly 26 square miles and bosts four major waterways providing many water-related activities for it's residents.( approximatley 6,000) It also has the largest concentration of summer camps for children in all of Maine. (McGrath Pond, Salmon Lake, East Pond and Messalonskee Lake and Stream.

Because of it's proximity to I-95 it is now the home of FirstPark - Maines Premier Business and Technology Center. It is considered the first of it's kind in Maine and when complete will generate 2,500 jobs and others generated by the businesses at First Park.

For More Information:

View Market Conditions of other areas served by Linda Butterfield

Navigate: Top > Maine > Oakland

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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Mortgage Rates
30 Year Fixed: 4.83%
15 Year Fixed: 4.32%
1 Year Adj: 4.35%
(U.S. Weekly Averages)

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