Maine’s real estate sales are still crazy high—up by double digits. According to statistics released today by the Maine Association of Realtors, agents across the state sold 2,341 single-family existing homes last month (!)—a jump of 26.88 percent over October 2019. The median sales price (MSP) for homes sold reached $280,000, a 24.50 percent increase… Read more »
Posts Categorized: News
October 2020 Real Estate Market Report
With historically low interest rates and more buyers than sellers, sales of Maine single-family existing homes increased 22.78 percent comparing September 2020 to September 2019. According to statistics released by Maine Listings, the median sales price (MSP) for homes sold in September 2020 rose 19.56 percent to $273,500, compared to September 2019. The MSP indicates… Read more »
September 2020 Real Estate Market Report
Real estate sales in Maine continue a healthy, highly positive trajectory. The value of single-family existing homes jumped 17.4 percent comparing August 2020 to August 2019, reaching a median sales price of $270,000, according to Maine Listings. The MSP indicates that half of the homes were sold for more and half sold for less. Home… Read more »
August 2020 Real Estate Market Report
Sales of single-family existing homes continue to recover from the impacts of the early months of COVID-19; Maine Listings reports a sales jump of 12.43 percent in July 2020, when compared to July 2019. Values rose 10.83 percent to a median sales price (MSP) of $254,900, comparing July 2020 to July 2019. The MSP indicates… Read more »
July 2020 Real Estate Market Report
The number of sales of single-family homes in Maine is down slightly in June but prices remain on the rise. Realtors across the state sold 1,720 homes in June—78 fewer homes than a year ago – a 4.3% decrease compared to June 2019. The Median Sales Price (MSP) for homes sold in June reached $249,000,… Read more »
May 2020 Real Estate Market Report
Despite a pandemic-fueled wane in the sales of single-family homes, values in Maine increased by double digits last month. According to Maine Listings, Realtors sold 194 fewer homes in April 2020 compared to April 2019, which is a decrease of 15.41 percent. The median sales price (MSP) jumped 12.29 percent to $235,800, compared April 2020… Read more »
Introducing Matterport 3D Virtual Tours
The COVID-19 Pandemic of 2020 has caused a significant adjustment to the way real estate is viewed, and bought and sold. The brokers at Newcastle Realty now follow important safety protocols and often meet with clients by phone and video chat. Paperwork and documents are signed electronically, and showings are conducted by video, or by… Read more »
April 2020 Real Estate Market Report
February statistics released on March 20, 2020 by Maine Listings indicated a 5.75 percent increase in sales of single-family existing homes, comparing February 2020 to February 2019. The median sales price (MSP) for the 865 homes sold reached $216,900—an uptick of 8.45 percent over that same period. The MSP indicates that half of the homes… Read more »
Our Plan to Serve You Throughout COVID-19 (Update)
At Newcastle Realty, our top priority is to keep our staff, clients, vendors, and community partners safe during the COVID-19 crisis. On March 18, we closed our office to non-staff personnel and transitioned to meeting with clients via phone or video—many of our brokers were already working remotely. Today, we are moving all remaining support… Read more »
Our Plan to Serve You Throughout COVID-19 (Coronavirus)
At Newcastle Realty, our top priority is to keep our staff, clients, and vendors safe during the COVID-19 crisis, as we look for ways to support others in our local community. We are doing our part to reduce risk by closing our office to non-staff personnel effective March 18. If you need to meet with… Read more »
Meet Team JMZ at Newcastle Realty
Teams of Real Estate brokers are the new trend in Real Estate firms across the country, with Newcastle Realty on the forefront in this area. Lorrie Zeiner, a seasoned broker with over 35 years experience reaching from Camden to Kennebunk, became Dean Jacobs’ mentor two years ago. Dean’s business background prompted him to approach Lorrie… Read more »
Newcastle Realty Finishes Strong in 2019
Newcastle Realty completed another banner year in 2019 with 168 transactions and $43 Million in sales, putting them in the forefront of the Damariscotta area market. In spite of a very tight supply of for-sale inventory, the number of homes sold during 2019 is at a statistical dead heat with 2018, Maine’s best year ever… Read more »
Helping to combat hunger in Lincoln County!
In the spirit of Community Giving, employees from Cheney Financial Group volunteered to help the Rotary and Lions Clubs of Damariscotta-Newcastle fight hunger in Lincoln County. One in seven persons is hungry in Lincoln County. The bell ringing season starts each November and runs through Christmas Eve. Volunteers are the difference between an empty kettle… Read more »
December 2019 Real Estate Market Report
Maine single-family existing home values increased in November, while limited inventory led to a decrease in sales. According to Maine Listings, 123 fewer homes were sold in November 2019—a 7.59 percent decline from November of 2018. The statewide median sales price (MSP) hit $225,000, up 2.74 percent compared to November 2018. The MSP indicates that… Read more »
November 2019 Real Estate Market Report
The $224,900 median sales price of a single-family existing home in Maine in October 2019 was 4.6 percent higher than October 2018, according to data released by the Maine Association of Realtors. The MSP indicates that half of the homes were sold for more and half sold for less. Realtors also reported a record-breaking 1,845… Read more »
October 2019 Real Estate Market Report
Consumer confidence bolstered sales of single-family existing homes in Maine last month. The Maine Association of Realtors released statistics today showing an 11.01 percent jump in sales during September 2019 compared to September 2018. Statewide, the median sales price (MSP) in September increased 6.4 percent to $228,750 compared to September 2018. The MSP indicates that… Read more »
Watch the Magical Transformation as Newcastle Realty’s Pumpkin Comes Alive!
Watch the Magical Transformation as Newcastle Realty’s Pumpkin Comes Alive! A big thanks to our amazing artist, Susan Bartlett Rice, our fantastic photographer,Tyler Plummer of Maine Aerial Photography Services, and to all the volunteers that made this happen. Time Lapse Video
Cheney Financial Group Wraps Up Season’s Events Supporting Local Art, Music and Food!
Cheney Financial Group is comprised of Cheney Insurance, Newcastle Realty and Newcastle Vacation Rentals, all locally owned and managed by a group of dedicated employees. Together, and separately, all three companies have a strong commitment to supporting local businesses and bringing together community. This summer, CFG hosted three Local Flavors… Read more »
September 2019 Real Estate Market Report
Statewide August real estate sales indicate that 2019 is on track to earn a spot among record years for single-family Maine home sales. Statistics released today by the Maine Association of Realtors show a 3.19 percent rise in sales compared to August 2018. Prices are also rising; the statewide median sales price (MSP) increased 4.55… Read more »
Local Flavors Summer Series- A Huge Success!
Cheney Financial Group hosted the second of three fun summer events for the community filled with laughter and networking on Thursday, August 15. The events support and showcase local artists, local musicians, local food, local brews and wine. Delicious hors d’oeuvres and tastings of Oxbow and Allagash beer and Cellardoor wine were provided by Lurie… Read more »
August 2019 Real Estate Market Update
Sales of single-family existing homes in Maine remain stable and positive. Maine Listings today reported a 0.16 percent rise in sales comparing July 2019 to July 2018. The median sales price for the 1,866 homes sold in July reached $230,000, an increase of 2.22 percent compared to July 2018. The MSP indicates that half of… Read more »
July 2019 Real Estate Market Report
2019 YEAR-TO-DATE MARKET AND SALES UPDATE * Sales of single-family existing homes in Maine eased 7.18 percent comparing June 2019 to June 2018, according to Maine Listings. Values, however, increased 5.09 percent over that same time period to a median sales price (MSP) of $239,085. The MSP indicates that half of the homes were sold… Read more »
June 2019 Market and Sales Update
The single-family existing home market in Maine remains healthy as the summer sales season is in full swing. According to Maine Listings, Realtors reported selling 6.32 percent more homes in May 2019 compared to May 2018. The Median Sales Price for the state also jumped 4.59 percent to $230,000. The MSP indicates that half of… Read more »
May 2019 Real Estate Market Update
Maine Realtors report strong sales and rising home prices for April 2019. Maine Listings released statistics today indicating a 4.8 percent increase in sales of single-family existing homes (compared to April 2018). The median sales price rose 5.0 percent to $210,000. The MSP indicates that half of the homes were sold for more and half… Read more »
Spacious Custom Cape in Damariscotta!
Don’t miss making this your next family home… at 66 Back Meadow Road. Extended Cape privately sited, conveniently located and beautifully built by one of the area’s finest local builders. The home features an open concept kitchen/dining/living area, first floor master bedroom suite, den or office, three large bedrooms on the second floor and a… Read more »
March 2019 Market and Sales Update
Sales of single-family existing homes in Maine eased slightly, while prices rose 2.85 percent comparing February 2019 to February 2018. The Maine Association of Realtors released statistics indicating a 0.49 percent decline in sales during the month of February 2019 compared to February 2018. The median sales price for the 818 homes sold statewide reached… Read more »
February 2019 Market and Sales Update
Home values are holding steady in Maine, while sales during the month of January 2019 declined compared to January 2018. According to Maine Listings, sales of single-family existing homes eased 12.9 percent last month, compared to January one year ago. Median sales prices (MSP), however, remain unchanged at $200,000. The MSP indicates that half of… Read more »
Historic Glidden Street Home offered by Newcastle Realty!
Welcome home to the “Wee Hoose”… at 15 Glidden Street, Newcastle. This 1820 cape is located on historic Glidden Street and is a stones throw away from downtown Damariscotta. Enjoy area shopping or dine at local favorite pubs and restaurants! This four bedroom three and a half bathroom cape sits on the banks on the… Read more »
Waterfront Home on Christmas Cove offered by Newcastle Realty!
Enjoy mesmerizing views of Christmas Cove at 24 Prescott Road, South Bristol. “Port O’ Call,” a magical Christmas Cove year-round home features a large deck overlooking the cove, new kitchen with high end appliances, a glassed sun room and spectacular views from every room. On chilly days, cozy up to the stone fireplace while still keeping… Read more »
October 2018 Market and Sales Report
Realtors across Maine report healthy long-term activity in most markets, despite a dip in sales during September. According to Maine Listings, sales of single-family existing homes eased 5.14 percent comparing September 2018 to September 2017. The value of those homes, tracked statistically by the Median Sales Price (MSP), indicates a rise in home values of… Read more »
September 2018 Market and Sales Update
Strong sales continue in Maine’s single-family existing home market. According to Maine Listings, REALTORS sold 2,072 homes in August, equaling a 5.88 percent sales increase compared to August 2017. The median sales price (MSP) for those homes increased 6.80 percent to $220,000. The MSP indicates that half of the homes were sold for more and… Read more »
Picturesque cottage in New Harbor offered by Newcastle Realty!
Dine or just unwind on the turreted front porch… at 154 State Route 32, New Harbor. Picturesque, shingle-style cottage with unobstructed views of the ocean! Here is the all-season home you have dreamed about! Built to perfection with tile and wood floors, granite and soapstone counters, fieldstone fireplace and spectacular trim and finish work. Enjoy a… Read more »
August 2018 Market and Sales Update
Maine experienced solid gains in both sales prices and sales volume for single-family home sales during the month of July. Maine Listings reported that 1,864 homes changes hands last month—an increase of 9.65 percent from the same period last year—and the median sales price jumped 9.22 percent to $225,000. The MSP indicates that half of… Read more »
Remarkable Custom Built Cape in Nobleboro offered by Newcastle Realty!
Remarkable opportunity to own this custom built cape that will accommodate a large family and many friends… at 21 Nobleboro Woods Road, Nobleboro . Very appealing with the curved cobble stone path leading to the front door and the farmer’s porch protecting you from the elements. Nice lush lawn in the front and a buffer… Read more »
Greek Revival Cape in the Mills offered by Newcastle Realty!
Right in the heart of Damariscotta Mills… at 27 Main Street, Nobleboro . This Greek Revival Cape has been meticulously maintained and beautifully restored. Relax on the screened porch overlooking the large, sunny yard with dappled light and mature plantings. Many built-ins, period trim and original floors and windows. Carriage house has room for one… Read more »
Rare Island Property Offers Bold Views, Privacy
We are pleased to offer this Heron Island seasonal vintage cottage with broad westerly and southerly views of the Damariscotta River, East Boothbay to the islands and ocean beyond. Step back in time to simpler days when friends and family gather and create memories that last a lifetime. Property features 2 cottages, one with a… Read more »
July 2018 Market and Sales Update
The Maine summer real estate season is in full swing. According to the Maine Association of Realtors, agents around the state sold 1,937 single-family existing homes in June 2018, an increase of 2.54 percent over June 2017. Home values experienced double-digit gains, with a 10.98 percent jump in the median sales price to $227,500. The… Read more »
Seasoned Newcastle Realty Broker Team Celebrates 15 Years While Offering Specialized Services to Seniors
Bill Byrnes joined Newcastle Realty in 1998, back when the company still operated from the basement of the Newcastle Square building across the river. Two years later, Lee Simard became a Realtor and joined the same firm. It turns out that while traveling separate paths, both Bill and Lee had retired at about the same… Read more »
5 Reasons Local Independent Firms are the Future of Real Estate
In recent years, the real estate industry has seen a rapid rate of mergers and acquisitions — but there’s also a countertrend where independent local brokerages are surging in popularity. When it comes to realty companies, I’m proud to say local is better — and homeowners agree: In a survey of more than 3,000 U.S…. Read more »
June 2018 Market and Sales Update
Sales of Maine’s single-family existing homes decreased 1.38 percent last month, due to limited market inventory. Prices, however, continued to rise; according to Maine Listings, the statewide median sales price (MSP) increased 9.95 percent to $219,900. The MSP indicates that half of the homes were sold for more and half for less. Real estate firms… Read more »
Custom Contemporary on the Sheepscot River!
Experience the Maine way of life… at 52 Falls Road, Newcastle. When this local well known carpenter built this house not much was left to be desired. This private custom built contemporary cape on the Sheepscot River offers amazing features such as Corian counter tops, first floor Master bedroom with attached en-suit, soaring cathedral ceilings with a… Read more »
May 2018 Market Update Report
Tighter inventory in the single-family existing home real estate market has led to an uptick in sales prices and home sales. According to Maine Listings, 1,201 homes were sold in April—an 8.59 percent increase compared to April of 2017. Sales prices are also on the rise; a median sales price of $200,000 represents a jump… Read more »
Waterfront Estate on Greenland Cove!
Escape to the coast… at 7 & 16 Periwinkle Point, Bremen. This light-filled, waterfront home offers the peace and serenity you have been searching for! Enjoy your own dock and float on pristine Greenland Cove. Open ocean just minutes away! Polished wood floors greet you the moment you walk in the door. The captivating granite… Read more »
Great Opportunity in Damariscotta!
Great location, great opportunity … at 61 & 63 Church Street, Damariscotta. This is the perfect opportunity to owner occupy this quaint residence located within a short walk to downtown Damariscotta. Get help with your mortgage from the two unit Gambrel cottage on the same lot! Main house has two bedrooms, two & a half bathrooms and… Read more »
March 2018 Market and Sales Update
Single-family existing home values in Maine continue to rise, and sales have remained in healthy territory. Maine Listings today reported that 822 homes changed hands in February, an increase of 5.93 percent compared to February 2017. The median sales price (MSP) for homes sold reached $194,450, up 8.03 percent, comparing February 2018 to February 2017…. Read more »
Broker Debi Fox Goes the Extra Mile at Newcastle Realty
Debi Fox, one of Newcastle Realty’s seasoned broker team, has been selling real estate in Lincoln County for 18 years. After selling her business, Fox Glass Works in Damariscotta in 2000, she re-activated her broker’s license. Debi comes by her involvement with real estate naturally. Her husband, Bruce Lilly, is a local area builder, and… Read more »
Waterfront Condo w/Boat Slip in Newcastle offered by Newcastle Realty!
Location, location, location … at 75 Main Street, Unit #2, Newcastle. Walk to downtown Damariscotta from this waterfront condominium complete with your own boat slip! This two bedroom, two bath, first floor home offers lovely views down river and a deck to view them! Sellers have added their own special touches to this already beautiful unit:… Read more »
2018 Year-to-Date Market and Sales Update *
Realtors across Maine report steady activity in most markets. According to Maine Listings, sales of single-family existing homes increased 0.21 percent comparing January 2018 to January 2017. The value of those homes, tracked statistically by the Median Sales Price (MSP), indicates a jump in home values of 5.26 percent to an MSP of $200,000 during… Read more »
Newcastle Realty Enjoys a Strong Start to the 2018 Selling Season
In just the first seven weeks of 2018, the team of brokers at Newcastle Realty have already reached more than $5.5 million in real estate sales, according to Maine Real Estate Information System, Inc., more than any other firm in Lincoln County. Company owner Dennis Hilton credits Newcastle Realty’s success to the energy, enthusiasm, and… Read more »
Custom Contemporary on Pemaquid Lake offered by Newcastle Realty!
Relax in your spacious screened porch while viewing the nesting eagles and listening to the loons at… 15 Porcupine Ridge Road, Bremen. Exceptional well crafted Pemaquid Lakefront home located on a large private lot with 200 feet of waterfront. This custom built home features many attractive amenities including chefs kitchen with large pantry, hardwood floors, radiant floor… Read more »
