The Westbrook, Maine single family housing market currently has 126 units on the market... 96 single family homes, 29 condos and 1 mobile home. In 2009 the median sold price for single family residential real estate clocked in at $183,500, down about 4% from $191,000 in 2008 and off about 14% from peak pricing seen in 2005. Volume was healthy with a strong surge in the 2nd half of 2009 helped along by historically low rates and the federal first time home buyer tax credit.
There are approximately 16,000 people (6,800 households) living in Westbrook, Maine as of the 2000 census. Largely known as a suburb of Portland, Westbrook’s business and downtown district have flourished in recent years as such notable companies as Idexx Laboratories, Olympia Sporting Goods, Acadia Insurance, Allsports Printing, Full Court Press, JobsInTheUS.com and many others are now headquartered in Westbrook. The city is also home to Sappi Limited, the Westbrook Paper Mill and R&D Center, employing about 300 people.
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Wednesday, February 10, 2010
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