Westbrook Maine Overview and Real Estate Information
So how does the Westbrook ME real estate market look these days?
As of July 1, 2010, the current number of properties on the market in Westbrook is 142, with 23 of those currently under contract to be sold and 5 of those short sales with an offer pending (CSS). Currently Westbrook has a median listing price for homes for sale of $209,900 (the Current Short Sales with an offer pending have a median listing price of $179,000). Of those, the low is $89,900 and the high is $739,900. In the past 12 months, 201 properties in Westbrook have been sold, with a median number of days on the market of 45, and with a median sale price of $183,000, an average of 98% of the listing price.
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Westbrook Real Estate | Westbrook Multi-Family Properties
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. Formerly known as the S. D. Warren Paper Mill, it was once the city's largest employer and taxpayer, employing over 3,000 people and representing over 50% of the city's tax base. Today the mill specializes in the manufacture of release papers and employs about 300 people.
Westbrook was originally known as Saccarappa (after Saccarappa Falls on the Presumpscot River), and it was a part of Falmouth (now Portland) until 1814, when it was incorporated as Stroudwater. Soon after, the name was changed to Westbrook as a tribute to Colonel Thomas Westbrook, a commander during Dummer's War, and in 1891, Westbrook was incorporated as a city.
Please contact me directly.
Email: mullett@greentreemaine.com
Phone: 207-415-0415
Thanks!
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Updated: 11/19/09
Westbrook
Inventory: 116 Homes
Median Ask Price: 218K
Mike Mullett
Green Tree Realty
522 Washington Ave
Portland, ME 04103 |