Maine Buyer’s Guide to Real Estate April/May 2023 | Page 4

CALL ME to get a REAL sense of what ’ s happening in the real estate market now !

Let ’ s turn to the numbers and talk about a comprehensive , statistical review of Waterfront , Water Access , Residential Homes & Land in the Sebago Lakes Region and get a better understanding of what it all means . Give me a call at 207-749-3936 .
The market is so volatile , it is hard to predict what the Sebago Lakes Region is going to do in the summer of 2023 . I ’ m here to help you understand this market .
Sebago Lakes Region consists of 20 towns with 60 lakes over 5 acres .
For a comprehensive understanding of Lakes Region real estate trends 2018-2022 , call me at 207-749-3936
WATERFRONT HOMES AVERAGE PRICE SOLD
Year Total Aver Price % List / Sold
Sold Sold Price 2016 297 $ 382,845 94 % 2017 295 $ 398,606 95 % 2018 301 $ 426,281 95 % 2019 260 $ 544,511 94 % 2020 285 $ 625,653 96 %
WATERFRONT LAND AVERAGE PRICE SOLD
Year
# Solds
Aver Price
%
2016
41
$ 151,083
89 %
2017
45
$ 139,523
89 %
2018
29
$ 178,083
91 %
2019
46
$ 162,719
92 %
2020
59
$ 217,038
91 %
RESIDENTIAL LAND SOLD BY MONTH
2016 2017 2018 2019 2020 January 17 19 13 14 15 February 16 15 20 10 12 March 10 16 15 14 21 April 20 9 24 12 12 May 14 23 21 34 17 June 14 22 17 21 22 July 16 19 25 14 38 August 17 31 24 25 40 September 21 17 15 13 35 October 18 17 11 26 34 November 17 23 14 18 33 December 18 22 16 24 36 Total 198 233 215 225 315
RESIDENTIAL HOMES SOLD BY TOWN
WATERFRONT HOMES SOLD BY PR
YEAR
2016
2017
2018
2019
0-200k
73
58
51
28
200-400k
136
120
131
93
400 - 600k
49
71
56
57
600 - 1,000k
25
40
55
62
1,000k +
14
6
8
20
Total
297
295
301
260
Bridgton
84
2018
2019
YEAR
41
Denmark
2017
13
2018
42
2018
106
2019
2020
YEAR
Total
Casco
2016
47
2018
17
2019
41
2019
116
2020
54
2016
84
2017
53
15
2020
61
2020
103
2017
62
10
Gray
118
2018
2019
30
Lovell
2017
20
2018
67
2018
120
2019
2020
Harrison
2016
35
2018
10
2019
70
2019
108
2020
45
2016
119
2017
46
11
2020
65
2020
113
2017
39
24
New Gloucester
68
2018
2019
42
Otisfield
2017
17
2018
35
2018
72
2019
2020
Norway
2016
56
2018
18
2019
35
2019
57
2020
59
2016
70
2017
67
24
2020
40
2020
64
2017
70
23
Poland
42
2018
2019
54
Sebago
2017
39
2018
171
2018
77
2019
2020
Raymond
2016
62
2018
41
2019
156
2019
70
2020
56
2016
57
2017
50
46
2020
156
2020
78
2017
48
29
7
Waterford
2017
15
2018
275
Sweden
2016
2
2018
23
2019
269
2016
3
2017
8
2019
21
2020
302
2017
2
2018
7
2020
24
Total 2016 = 1092 Total 2017 = 1106 Total 2018 = 1301 Total 2019 = 1270 Total 2020 = 1330
18 Olde Village West , Naples , ME 207-693-5200 www . mainerealestatechoice . com
Diane Monaco 207-749-3936 diane @ mainerealestatechoice . com

Oberg

Insurance & Real Estate Agency Inc

132 Main Street , Bridgton , ME 04009 207-647-5551 or toll free 888-400-9858 • www . ObergAgency . com Licensed in Maine and New Hampshire
LOG SIDED RANCH W / HAWK MOUNTAIN VIEW BUILDING LOT – CLOSE TO LONG LAKE
NEW CONSTRUCTION - LOT E
Waterford - 3BR / 2BA , one floor living with open layout & cathedral ceiling with views on nearly 5 acres . Screened porch , cook ’ s kitchen , dining area , laundry room . Attached 2C garage , detached 24 ’ X32 ’ garage / shop with unfinished 2nd floor . $ 410,000
BUILDING LOT – WATERFORD
Bridgton - Build your vacation home or forever home on this lot . The association water & septic save a lot of money . Not many lots like these to choose from ! Area of nice homes and close to the public beach at Salmon Point on Long Lake , and shopping . $ 36,000
NEW CONSTRUCTION - LOT D
Bridgton - New construction to be built . Raised ranch home : 3BR , 2BA , 2 car garage . Options to add a lower-level family room , and / or deck off dining room for additional living space . Beautiful level 2.17-acre lot in peaceful setting . June 2023 completion . $ 435,000
ONE FLOOR LIVING
Waterford - House lot perfect for a daylight basement w / well in place . Minutes to downtown Harrison boat launch , public beach , park , library , restaurants etc . Build your getaway home in a quiet country setting with mountain views and stunning sunsets ! $ 46,900
Bridgton - To be built . Raised 3BR / 2BA / 2Cgarage ranch home with options to add both a lower-level family room , and / or deck off dining room for additional living space . All on a beautiful level 2.18-acre lot in peaceful country setting . 06 / 23 completion . $ 435,000
Lovell - Private setting with acreage , close to Lovell Golf Course , Center Lovell Store , and public beach . Large living room / pellet stove , formal dining room , kitchen , 2BRs , full bath , full basement , breezeway leads to 2C garage on 10 + acres of land . $ 399,000
4 MAINE | APRIL / MAY 2023
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The Buyer ’ s Guide to Re al Estate & Home Improvement www . Th eB u y ersG u i d e . com