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Biz Bites: Portland s latest residential stats, Maliseet housing development on tap

Anyone who isn t aware of the up up up price trend in Maine residential real estate over the past year is living in a (probabably very expensive) cave. And, in Portland, that s a trend on steroids. The median price of a single-family home in Portland jumped from $460,000 in February to $514,500 in March, according to the monthly stats put out by Benchmark Real Estate. Those listing a home can expect it to spend a zippy six days on the market. Multifamily Portland prices had a similar hike from February, with the median price of $667,500 is up from $612,500. Multifamilies spend about eight days on the market. The state median is $268,500.

Small slice of Maine woods protected for townspeople

Small slice of Maine woods protected for townspeople The High Peaks Alliance and the Trust for Public Lands raised money, bought the property of Shiloh Pond and have given it to the town of Kingfield to be preserved. Author: Don Carrigan Updated: 11:14 PM EDT March 31, 2021 KINGFIELD, Maine After several years of planning and fundraising, another beautiful piece of Maine has been permanently preserved. Shiloh Pond in Kingfield is a relatively small but pristine pond, described by Brent West of the High Peaks Alliance as a good place for fly fishing and hiking. West said when he was younger and working at nearby Sugarloaf Resort, he would often head to Shiloh Pond after work to hike in and do some fishing. 

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