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04-09-2018 Council Work Session Packet
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04-09-2018 Council Work Session Packet
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Mr. Eric Zweber <br />WSB & Associates, Inc. <br />Active Listings (Residential Properties) <br />Orono, November 2017. <br />$1,000,000 and over <br />$900,000 to $999,999 t <br />$800,000 to $899,000 <br />$700,000 to $799,000 <br />o $600,000 to $699,000 <br />u $500,000 to $599,000 <br />$400,000 to $499,999 <br />$300,000 to $399,999 <br />$200,000 to $299,999 ■ <br />$100,000 to $199,999 <br />$99,999 <br />0 10 2�_ 30 <br />COU [It <br />New For -Sale Housing Projects <br />December 19, 2017 <br />Page 29 <br />Table 15 presents active and pending for -sale new construction single family homes in Orono as <br />of mid-November 2017. % �® <br />t1 <br />• A total of 39 new construction projects were identified as actively listed for -sale in <br />Orono. <br />• The largest percentage (54%) of single family homes in Orono were listed for over <br />$1,000,000 with no active or pending new construction homes listed for under <br />$400,000. <br />• The median price per square foot (PSF) of a new single-family home in Orono is $253 <br />PSF; compared to $210 PSF for a for -sale multifamily home (twinhome or detached <br />townhome). <br />MAXFIELD RESEARCH AND CONSULTING, LLC <br />
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