Housing
This section of the BDN aims to help readers understand Maine’s housing crisis, the volatile real estate market and the public policy behind them. Read more Housing coverage here.
The 12 homes in Bangor that changed hands during the week of June 21 had an average sale price of nearly $368,000.
That’s roughly $50,000 more than the median sale price of a Bangor home as of May, which Redfin placed just under $315,000. The most expensive residential property sale from the week of June 21 topped out at $780,000 — more than double the median price for a home in the Queen City.
More residential properties in Bangor sold from June 21 to 27 than in the prior three weeks, pointing to how the state’s housing inventory has buoyed this summer, as is typical in Maine. This gives buyers more options and creates a less frantic market than Maine saw in previous years, said Dana Whitney of Legacy Properties Sotheby’s International Realty.
“For sellers, well-prepared and properly priced properties continue to attract significant interest and achieve strong results,” Whitney said in a statement released Wednesday.
We created a list of all residential property sales that occurred in Bangor from June 21 to 27. The information was pulled from state transfer tax documents that are available to the public online.
— Martina and William Schmidt Jr. bought 130 Seventh St. from Pamela and James Bryant for $262,500 on June 22.
— Sean and Kara O’Donnell bought 47 Norway Road from Lisa and David Norsworthy for $399,000 on June 23.
— Grace LeClair bought 15 Lane St. from Mark Rounsaville, personal representative for the estate of Eleanor Rounsaville, for $191,900 on June 22.
— Kyleigh and Andrew Whitman bought 235 Norway Road from Kara O’Donnell for $325,000 on June 23.
— Aaron Bard bought 281-283 Ohio St. from Philip Huckins for $195,000 on June 22.
— Andria Chase bought 15 Dodge St. from Colin Bacon for $0 on June 22.
— Kathryn Prue and Donald Zavadil bought 74 Bean Estates from Back 40 Builders LLC for $510,000 on June 26.
— CPM Properties LLC bought 95 & 97 Seventh St. from Scary Mountain Enterprises LLC for $255,000 on June 26.
— Rihab Masmoudi and Mohammad Shareef bought 447 Walden Parke Way from Victoria and Jared Kasper for $780,000 on June 26.
— Kayla and Joseph Wioncek bought 192 Laurel Circle from Gemma and Kenneth Colpritt for $605,000 on June 26.
— Moira Beale and Alexander Bayerdorffer bought 89 Cottage St. from Thomas Beale for $181,600 on June 26.
— Pinewood Properties LLC bought 8 Linden St. from Spencer and Alycia Campbell for $340,000 on June 26.