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December 1, 2009



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  CONDITIONS™
By Local Real Estate Experts  


Market Conditions for Oakland, Maine

Reported by Rachel Anderson Team of Realtors, REALTOR

Updated November 10, 2009.

Current Market Rating: 2




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Buyer's

Seller's

Current Price Trend: 2




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Falling

Rising

For the month of November, 2009 in the market for Oakland there are currently:

* 69 Residential Homes ranging from 55 - 950k

* 31 Land listings from 19.9 - 499k

* 9 Multi-Family properties from 84.9 - 225k

* 6 Commercial sites from 84.9 - 595k.

* 4 Properties sold in the last 30 days
ranging from 89.9 - 249.9k

ZIP Code: 04963

Location Characteristics: Oakland is the Gateway to the Belgrade Lakes Region!
Oakland, neighboring Waterville to the west, is the gateway to the well-known Belgrade Lakes. Three major bodies of water in the Belgrade Lakes chain dominate the landscape, providing many opportunities for water-related activities. The attractiveness of the lakes makes it easy to see why the town has one of the largest concentrations of summer camps for children in all of Maine. It was soon apparent that the town's tumbling Messalonskee Stream would draw industries to take advantage of this considerable source of water power. A front runner in recognizing environmental issues, Oakland was one of the first towns in the state to build a municipal sewerage treatment facility. Among attractions is the Memorial Hall on Church Street, built by Civil War veterans, and the Octagon House on Summer Street at the northerly end of Messalonskee Lake. Private homes range from stately New England classics to cape and ranch homes. The town has a reputation for some of the finer schools in the entire state and for its fiscally conservative municipal government. Preparing for the future, Oakland has a comprehensive plan to promote organized development and a full range of municipal services. Because of its proximity to Interstate 95 and prime development areas, Oakland is the site for FirstPark - Maine's Premier Technology Center. Billed as the first of its kind in Maine, this high tech park will provide suitable locations for the emerging businesses of the 21st century. Once complete, FirstPark will provide 2,500 direct jobs and an equal number generated by ancillary businesses. OAKLAND, A GREAT PLACE TO LOCATE OR VISIT!

Government: Town Manager, Town Council - 465-7357
Population: 5,959
Tax Rate/$1,000: $12.60
Market Value: 100%
Total Debt: $896,000
Utilities: Electric Power/Water/Sanitary Services
Land Area: 28 Square Miles

Oakland Websites:
Official Community Website - http://www.OaklandMaine.com

For More Information:

View Market Conditions of other areas served by Rachel Anderson Team of Realtors

Navigate: Top > Maine > Oakland

About Rachel Anderson Team of Realtors:
Experience Greater Waterville Maine Living with Realtor Rachel Anderson and discover that Success is in the Details. Rachel Anderson was Awarded #1 Listing and Selling Coldwell Banker Affiliate Agent in Maine for 2006.


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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