Summer Real Estate Sales in Ogunquit in 2010 Much Improved

Summer 2010, at least compared to the previous summer, was very good to the real estate market in Ogunquit. The total value of sales of houses and condominiums there grew by almost 200 percent, according to an analysis of data contained in declaration of sales on file with the town.

In neighboring Wells, total sales value grew by 1.4 percent from summer 2009 to summer 2010, with condominium sales value increasing by 24 percent.

The data was compared from June, July and August 2009 to the same period in 2010. The data is contained in Maine Revenue Services Real Estate Transfer Tax Declarations that assessors’ offices keep on file.

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