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.
A sprawling multifamily home on Ohio Street took the top spot as the most expensive residential property that sold in Bangor during the week of July 26.
The property had a final sale price of $949,000 — more than three times the median price of a home in Bangor as of June, which Redfin placed at slightly less than $310,000.
We assembled a list of the 13 residential property sales that occurred in Bangor from July 26 to Aug. 1 by pulling data from state transfer tax documents, which are available to the public online.
The number of local home sales has remained in the double digits for several weeks. This points to how the summer has historically been a popular time to buy and sell property in Maine.
— 45 Sixth St. sold on July 27 for $312,000.
— 396 Hammond St. sold on July 28 for $0.
— 141 Forest Ave. sold on July 30 for $270,000.
— 28 William St. sold on July 31 for $95,000.
— 342 Grove St. sold on July 31 for $215,000.
— 44 Center St. sold on July 30 for $220,000.
— 335 Burleigh Rd. sold on July 31 for $0.
— 202 Norfolk St. sold on July 31 for $295,000.
— 45 Allen St. sold on July 31 for $60,000.
— 477 Birch St. sold on July 28 for $345,000.
— 60 Fern St. sold on July 31 for $360,000.
— 50/52/54 Ohio St. sold on July 31 for $949,000.
— 53 Bowdoin St. sold on July 30 for $59,280.54.