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Author: Kevin Murphy
My brother Jack and I co-own The Real Estate Store. I grew up and live in Scarborough, ME. I became a real estate broker in 2005, but Real Estate is a family business for us. We are second generation Real Estate Brokers. My experience working with apartments and with residential construction has given me insight into cost-aware construction and green construction and design.

Scarborough 2016 Sold Statistics

Scarborough average homes sold in 2016 grouped by bedroom count (Limited to homes under $700,000)

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2016 Tax Rates

Comparison chart of Scarborough and surrounding areas. An important consideration is the different towns services like fire & police, schools, trash collection, public works.

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Scarborough Statistics

The median sale price of a home in Scarborough for 2014 was $334,000. With the exception of 2006 at the height of the market peak, 2014 is the highest median sale price to date. 2006 MSP was 357,000. 2003 MSP

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2015 Property Tax Rates

Updated comparison chart of Scarborough and surrounding areas tax areas. An important consideration is the different towns’ services like fire & police, schools, trash collection, public works.

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2013 Promotion

Buy or Sell a home with me and receive a free Apple iPad mini! Purchase or list price must be above $125,000. Valid if closed before 12/31/13.16GB wifi-only model, $350 value.

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2012 Homes Sold By County

Top 5 Counties, “# Units Sold” means the number of existing, single-family homes sold in 2012. County # Units Sold Median Sold Price Cumberland 2965 $226,000 York 1929 $215,000 Penobscot 1105 $129,000 Kennebec 991 $130,000 Androscoggin 768 $133,250 *Source: Maine

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2012 Statistics For Sellers

Here are some recent interesting statistics that were published by the NATIONAL ASSOCIATION OF REALTORS® • The typical national seller lived in their home for nine years. The median tenure has increased in recent years. In 2007, the typical tenure

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2012 Statistics For Buyers

Here are some recent interesting statistics that were published by the NATIONAL ASSOCIATION OF REALTORS® • Fifty percent of recent home buyers were first-time buyers in Maine, compared to a national level of 39 percent, which is a slight rise

Posted in For Buyers

Timeline of a home buyer

Typically it will take 30-60 days from when you make an offer on a property until you close. Currently the average is about 2-3 months of home searching before entering into a contract to buy.     Sign Buyer Brokerage Representation

Posted in For Buyers

Bacteria in Water Test

If you have a water test come back positive for coliform bacteria does that mean your septic system is leaking waste into your drinking water? Coliform bacteria isn’t actually a health risk. It is tested for because it is an

Posted in For Buyers, For Sellers