PORTLAND - SOUTH PORTLAND Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Portland - South Portland averaged
6.72%
for the week of 2024-12-12, compared to the national average of
6.6% for the same period.
The average rate for the prior week (2024-12-05) was
6.61% and
one month ago for the week of 2024-11-07, the
average rate was 6.61%.
Portland - South Portland's average rate one year ago was 7.25%.
For refis of the same type during the week of 2024-12-12, the average rate
was 7.31%.
Loan Type | Date | Rate |
---|---|---|
US 30 Year Fixed Rate | 2024-12-12 | 6.6% |
Portland - South Portland 30 Year Fixed Rate | 2024-12-12 | 6.72% |
Portland - South Portland 30 Year Fixed Rate Refi | 2024-12-12 | 7.31% |
Portland - South Portland 15 Year Fixed Rate | 2024-12-12 | 6.42% |
Portland - South Portland 15 Year Fixed Rate Refi | 2024-12-12 | 5.94% |
Portland - South Portland 30 Year FHA | 2024-12-12 | 6.39% |
Portland - South Portland 30 Year FHA Refi | 2024-12-12 | 6.08% |
Portland - South Portland 30 Year USDA | 2024-12-12 | 6.5% |
Portland - South Portland 30 Year USDA Refi | 2024-12-12 | 6.3% |
Portland - South Portland 30 Year VA | 2024-12-12 | 5.8% |
Portland - South Portland 30 Year VA Refi | 2024-12-12 | 5.88% |
PORTLAND - SOUTH PORTLAND Top Lenders by Rates & Fees
The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the PORTLAND-SOUTH PORTLAND, ME market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).
PORTLAND - SOUTH PORTLAND Average Closing Costs & Other Stats
PORTLAND-SOUTH PORTLAND, ME's 215 lenders originated 12,965
loans during 2023. The total origination value was $3,820,665,000, with an average loan value of
$294,691.
PORTLAND - SOUTH PORTLAND's average closing costs are $5,009.
The top PORTLAND - SOUTH PORTLAND lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with
481 loans originated. Their average total fees are
$7,505, which is $1,767
higher than the next largest lender,
GUILD MORTGAGE COMPANY.
The lowest fee PORTLAND - SOUTH PORTLAND lenders (with over 10 loans originated) are
Kennebec Savings Bank ($1,332), Saco Valley Credit Union ($3,076), Holy Rosary Regional Credit Union ($3,139), TD Bank ($3,272) and TOWN & COUNTRY FEDERAL CREDIT UNION ($3,409).
The lowest rate PORTLAND - SOUTH PORTLAND lenders (with over 10 loans originated) are
Deere Employees Credit Union (5.82%), Morgan Stanley Private Bank (5.92%), Citibank (6.00%), Wells Fargo Bank (6.30%) and Bank of America (6.31%).
PORTLAND-SOUTH PORTLAND, ME Mortgage Market Share & Volume
Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.
Name | 2022 Loan Value | 2023 Loan Value | % Change | 2023 Market Share |
---|---|---|---|---|
Bangor Savings Bank | $463,655,000 | $277,325,000 | -40.2% | 7.3% |
UNITED WHOLESALE MORTGAGE, LLC | $326,630,000 | $248,050,000 | -24.1% | 6.5% |
The Camden National Bank | $376,605,000 | $210,145,000 | -44.2% | 5.5% |
CMG MORTGAGE, INC. | $157,395,000 | $184,425,000 | 17.2% | 4.8% |
GUILD MORTGAGE COMPANY | $224,780,000 | $177,710,000 | -20.9% | 4.7% |
Norway Savings Bank | $127,565,000 | $116,395,000 | -8.8% | 3.0% |
QUICKEN LOANS, LLC | $186,035,000 | $110,080,000 | -40.8% | 2.9% |
Saco & Biddeford Savings Institution | $136,415,000 | $104,010,000 | -23.8% | 2.7% |
TD Bank | $129,190,000 | $93,830,000 | -27.4% | 2.5% |
Androscoggin Savings Bank | $160,665,000 | $91,820,000 | -42.9% | 2.4% |
Gorham Savings Bank | $159,250,000 | $76,625,000 | -51.9% | 2.0% |
Kennebunk Savings Bank | $144,150,000 | $71,100,000 | -50.7% | 1.9% |
Bath Savings Institution | $86,790,000 | $70,080,000 | -19.3% | 1.8% |
SIS BANCORP, MHC | $106,495,000 | $64,135,000 | -39.8% | 1.7% |
ACADEMY MORTGAGE CORPORATION | $84,390,000 | $63,005,000 | -25.3% | 1.6% |
TOWN & COUNTRY FEDERAL CREDIT UNION | $39,160,000 | $61,885,000 | 58.0% | 1.6% |
Maine Community Bank | $70,685,000 | $60,645,000 | -14.2% | 1.6% |
ATLANTIC REGIONAL FEDERAL CREDIT UNION | $113,355,000 | $60,490,000 | -46.6% | 1.6% |
Bank of America | $76,215,000 | $48,300,000 | -36.6% | 1.3% |
INTEGRITY MORTGAGE LLC | $41,875,000 | $43,355,000 | 3.5% | 1.1% |
MOVEMENT MORTGAGE, LLC | $29,550,000 | $42,085,000 | 42.4% | 1.1% |
NORTHPOINT MORTGAGE, INC. | $66,465,000 | $40,600,000 | -38.9% | 1.1% |
CALIBER HOME LOANS, INC. | $113,210,000 | $40,330,000 | -64.4% | 1.1% |
NORWICH COMMERCIAL GROUP, INC. | $43,660,000 | $40,230,000 | -7.9% | 1.1% |
NORTHEAST CREDIT UNION | $37,925,000 | $38,435,000 | 1.3% | 1.0% |
Citizens Bank | $73,150,000 | $37,630,000 | -48.6% | 1.0% |
KeyBank | $130,870,000 | $36,370,000 | -72.2% | 1.0% |
Deere Employees Credit Union | $72,850,000 | $36,340,000 | -50.1% | 1.0% |
Mascoma Bank | $25,355,000 | $36,235,000 | 42.9% | 0.9% |
NEWREZ LLC | $21,580,000 | $35,600,000 | 65.0% | 0.9% |
JPMorgan Chase Bank | $42,820,000 | $35,275,000 | -17.6% | 0.9% |
Machias Savings Bank | $32,555,000 | $34,830,000 | 7.0% | 0.9% |
TOTAL MORTGAGE SERVICES, LLC | $67,460,000 | $34,750,000 | -48.5% | 0.9% |
NAVY FEDERAL CREDIT UNION | $33,580,000 | $28,635,000 | -14.7% | 0.7% |
Kennebec Savings Bank | $41,835,000 | $26,875,000 | -35.8% | 0.7% |
LOANDEPOT.COM, LLC | $68,155,000 | $26,305,000 | -61.4% | 0.7% |
GUARANTEED RATE, INC. | $37,275,000 | $25,460,000 | -31.7% | 0.7% |
T2 FINANCIAL LLC | $51,500,000 | $25,090,000 | -51.3% | 0.7% |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $54,835,000 | $24,980,000 | -54.4% | 0.7% |
Morgan Stanley Private Bank | $26,055,000 | $24,960,000 | -4.2% | 0.7% |
HARBORONE MORTGAGE, LLC | $26,535,000 | $24,465,000 | -7.8% | 0.6% |
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | $56,245,000 | $24,125,000 | -57.1% | 0.6% |
M&T Bank | $19,365,000 | $23,480,000 | 21.2% | 0.6% |
EVERGREEN | $34,880,000 | $22,685,000 | -35.0% | 0.6% |
PEOPLESCHOICE CREDIT UNION | $35,090,000 | $22,505,000 | -35.9% | 0.6% |
Katahdin Trust Company | $28,705,000 | $22,020,000 | -23.3% | 0.6% |
Mortgage Research Center, LLC | $34,815,000 | $20,575,000 | -40.9% | 0.5% |
Grandbridge Real Estate Capital LLC | $19,105,000 | n/a | 0.5% | |
CROSSCOUNTRY MORTGAGE, LLC | $27,640,000 | $18,620,000 | -32.6% | 0.5% |
CUMBERLAND COUNTY | $23,260,000 | $18,500,000 | -20.5% | 0.5% |
TRUCHOICE | $24,250,000 | $18,490,000 | -23.8% | 0.5% |
U.S. Bank | $16,210,000 | $18,040,000 | 11.3% | 0.5% |
EMBRACE HOME LOANS, INC. | $32,395,000 | $16,860,000 | -48.0% | 0.4% |
Wells Fargo Bank | $43,085,000 | $16,290,000 | -62.2% | 0.4% |
Service Federal Credit Union | $25,170,000 | $15,210,000 | -39.6% | 0.4% |
HOMEBRIDGE FINANCIAL SERVICES, INC. | $28,560,000 | $15,040,000 | -47.3% | 0.4% |
CPORT | $23,080,000 | $14,010,000 | -39.3% | 0.4% |
University Credit Union | $16,220,000 | $12,880,000 | -20.6% | 0.3% |
Saco Valley Credit Union | $18,005,000 | $12,440,000 | -30.9% | 0.3% |
NORTHEAST HOME LOAN, LLC | $8,750,000 | $12,295,000 | 40.5% | 0.3% |
Mr. Cooper ( Nationstar Mortgage ) | $46,640,000 | $12,090,000 | -74.1% | 0.3% |
NBT Bank | $34,085,000 | $11,995,000 | -64.8% | 0.3% |
Newburyport Five Cents Savings Bank | $7,915,000 | $11,795,000 | 49.0% | 0.3% |
Citibank | $22,645,000 | $10,885,000 | -51.9% | 0.3% |
WALKER & DUNLOP, LLC | $78,500,000 | $10,705,000 | -86.4% | 0.3% |
First Federal Savings and Loan Association of Bath | $14,985,000 | $10,605,000 | -29.2% | 0.3% |
ENVOY MORTGAGE, LTD | $13,565,000 | $10,280,000 | -24.2% | 0.3% |
Paramount Residential Mortgage Group, Inc. | $1,580,000 | $9,970,000 | 531.0% | 0.3% |
CUSO MORTGAGE CORPORATION | $9,020,000 | $9,445,000 | 4.7% | 0.2% |
MUTUAL OF OMAHA MORTGAGE, INC. | $12,955,000 | $9,295,000 | -28.3% | 0.2% |
FREEDOM MORTGAGE CORPORATION | $34,650,000 | $8,950,000 | -74.2% | 0.2% |
PENNYMAC LOAN SERVICES, LLC | $18,100,000 | $8,085,000 | -55.3% | 0.2% |
USAA Federal Savings Bank | $10,790,000 | $7,865,000 | -27.1% | 0.2% |
EMM LOANS LLC | $5,775,000 | $7,785,000 | 34.8% | 0.2% |
MEGASTAR FINANCIAL CORP. | $14,480,000 | $7,760,000 | -46.4% | 0.2% |
AMERISAVE MORTGAGE CORPORATION | $26,325,000 | $7,520,000 | -71.4% | 0.2% |
DIGITAL Federal Credit Union | $4,485,000 | $7,495,000 | 67.1% | 0.2% |
Discover Bank | $4,920,000 | $7,120,000 | 44.7% | 0.2% |
Bar Harbor Bank & Trust | $137,460,000 | $7,070,000 | -94.9% | 0.2% |
First National Bank | $9,100,000 | $6,670,000 | -26.7% | 0.2% |
DAS Acquisition Company, LLC | $16,090,000 | $6,620,000 | -58.9% | 0.2% |
First Seacoast Bank | $10,655,000 | $6,555,000 | -38.5% | 0.2% |
BROKER SOLUTIONS, INC. | $15,510,000 | $6,360,000 | -59.0% | 0.2% |
BNY Mellon | $1,505,000 | $6,300,000 | 318.6% | 0.2% |
GUARANTEED RATE AFFINITY, LLC | $7,350,000 | $6,085,000 | -17.2% | 0.2% |
Maine Savings Federal Credit Union | $6,930,000 | $5,910,000 | -14.7% | 0.2% |
American Mortgage & Equity Consultants, Inc. | $5,915,000 | $5,870,000 | -0.8% | 0.2% |
LEADERONE FINANCIAL CORPORATION | $11,275,000 | $5,810,000 | -48.5% | 0.2% |
Cambridge Trust Company | $8,935,000 | $5,710,000 | -36.1% | 0.1% |
Evolve Bank & Trust | $255,000 | $5,625,000 | 2,105.9% | 0.1% |
NORTHERN MORTGAGE SERVICES, LLC | $6,500,000 | $5,610,000 | -13.7% | 0.1% |
PNC Bank | $16,725,000 | $5,280,000 | -68.4% | 0.1% |
FIVE COUNTY | $11,655,000 | $5,210,000 | -55.3% | 0.1% |
Leader Bank | $9,490,000 | $5,195,000 | -45.3% | 0.1% |
The Federal Savings Bank | $6,620,000 | $5,070,000 | -23.4% | 0.1% |
Holy Rosary Regional Credit Union | $3,300,000 | $5,030,000 | 52.4% | 0.1% |
UBS Bank USA | $10,500,000 | $4,970,000 | -52.7% | 0.1% |
CASCO | $7,520,000 | $4,640,000 | -38.3% | 0.1% |
PRIMELENDING, A PLAINSCAPITAL COMPANY | $5,440,000 | $4,260,000 | -21.7% | 0.1% |
SALEM FIVE MORTGAGE COMPANY, LLC | $9,020,000 | $4,195,000 | -53.5% | 0.1% |
CIBC Bank USA | $4,005,000 | n/a | 0.1% | |
Servion, Inc. | $9,235,000 | $3,960,000 | -57.1% | 0.1% |
Rockland Trust Company | $16,700,000 | $3,860,000 | -76.9% | 0.1% |
Flagstar Bank, FSB | $12,235,000 | $3,680,000 | -69.9% | 0.1% |
RADIUS FINANCIAL GROUP INC. | $2,985,000 | $3,670,000 | 22.9% | 0.1% |
Century Mortgage Company DBA Century Lending Company | $670,000 | $3,465,000 | 417.2% | 0.1% |
Carrington Mortgage Services, LLC | $8,220,000 | $3,440,000 | -58.2% | 0.1% |
LAKEVIEW LOAN SERVICING, LLC | $14,390,000 | $3,405,000 | -76.3% | 0.1% |
BETTER MORTGAGE CORPORATION | $9,890,000 | $3,360,000 | -66.0% | 0.1% |
Raymond James Bank | $1,400,000 | $3,285,000 | 134.6% | 0.1% |
WESTERLY COMMUNITY | $1,460,000 | $3,265,000 | 123.6% | 0.1% |
Berkshire Bank | $1,995,000 | $3,195,000 | 60.2% | 0.1% |
UniBank for Savings | $3,810,000 | $3,175,000 | -16.7% | 0.1% |
RELIANCE FIRST CAPITAL, LLC | $4,340,000 | $3,070,000 | -29.3% | 0.1% |
First Republic Bank | $13,190,000 | $2,945,000 | -77.7% | 0.1% |
EVERETT FINANCIAL, INC. | $10,025,000 | $2,750,000 | -72.6% | 0.1% |
Webster Bank | $4,680,000 | $2,735,000 | -41.6% | 0.1% |
Charles Schwab Bank, SSB | $8,665,000 | $2,685,000 | -69.0% | 0.1% |
Merrimack County Savings Bank | $1,790,000 | $2,645,000 | 47.8% | 0.1% |
Coast Line Credit Union | $5,980,000 | $2,640,000 | -55.9% | 0.1% |
HANSCOM | $3,670,000 | $2,610,000 | -28.9% | 0.1% |
PLAZA HOME MORTGAGE, INC. | $1,950,000 | $2,590,000 | 32.8% | 0.1% |
The Huntington National Bank | $2,855,000 | $2,580,000 | -9.6% | 0.1% |
BAY EQUITY LLC | $4,505,000 | $2,570,000 | -43.0% | 0.1% |
ARK-LA-TEX FINANCIAL SERVICES, LLC. | $2,540,000 | n/a | 0.1% | |
Bank of New Hampshire | $6,910,000 | $2,535,000 | -63.3% | 0.1% |
Waterstone Mortgage Corporation | $1,565,000 | $2,525,000 | 61.3% | 0.1% |
PENTAGON FEDERAL CREDIT UNION | $6,525,000 | $2,520,000 | -61.4% | 0.1% |
Coastal Community Bank | $2,440,000 | n/a | 0.1% | |
Auburn Savings Bank, FSB | $2,390,000 | n/a | 0.1% | |
Ally Bank | $6,195,000 | $2,285,000 | -63.1% | 0.1% |
PREMIA MORTGAGE, LLC | $670,000 | $2,245,000 | 235.1% | 0.1% |
Truist | $1,565,000 | $2,220,000 | 41.9% | 0.1% |
DRAPER AND KRAMER MORTGAGE CORP. | $3,080,000 | $2,215,000 | -28.1% | 0.1% |
NBKC BANK | $5,155,000 | $2,190,000 | -57.5% | 0.1% |
Piscataqua Savings Bank | $14,345,000 | $2,190,000 | -84.7% | 0.1% |
ST. MARY'S BANK | $1,845,000 | $2,175,000 | 17.9% | 0.1% |
CARDINAL FINANCIAL | $3,585,000 | $2,150,000 | -40.0% | 0.1% |
Figure Lending LLC | $1,760,000 | $2,140,000 | 21.6% | 0.1% |
SPRING EQ, LLC | $3,600,000 | $2,120,000 | -41.1% | 0.1% |
NEW DAY FINANCIAL, LLC | $4,630,000 | $2,080,000 | -55.1% | 0.1% |
Stifel Bank and Trust | $2,760,000 | $2,030,000 | -26.4% | 0.1% |
Enterprise Bank and Trust Company | $2,555,000 | $2,025,000 | -20.7% | 0.1% |
Florida Capital Bank | $2,005,000 | n/a | 0.1% | |
Skowhegan Savings Bank | $4,970,000 | $1,970,000 | -60.4% | 0.1% |
Dirigo Federal Credit Union | $2,415,000 | $1,945,000 | -19.5% | 0.1% |
CENTRAL ONE FEDERAL CREDIT UNION | $1,275,000 | $1,930,000 | 51.4% | 0.1% |
NEW FED MORTGAGE, CORP. | $2,175,000 | $1,875,000 | -13.8% | 0.0% |
OCMBC, INC. | $415,000 | $1,795,000 | 332.5% | 0.0% |
ARC HOME LLC | $365,000 | $1,755,000 | 380.8% | 0.0% |
Bethpage Federal Credit Union | $440,000 | $1,735,000 | 294.3% | 0.0% |
Salem Five Cents Savings Bank | $1,570,000 | $1,730,000 | 10.2% | 0.0% |
Citadel Servicing Corporation | $125,000 | $1,715,000 | 1,272.0% | 0.0% |
TRADEMARK | $3,175,000 | $1,695,000 | -46.6% | 0.0% |
Meredith Village Savings Bank | $5,290,000 | $1,675,000 | -68.3% | 0.0% |
Equity Prime Mortgage LLC | $1,460,000 | $1,615,000 | 10.6% | 0.0% |
Monson Savings Bank | $305,000 | $1,605,000 | 426.2% | 0.0% |
HOMEXPRESS MORTGAGE CORP. | $1,125,000 | $1,585,000 | 40.9% | 0.0% |
FINANCE OF AMERICA REVERSE LLC | $2,040,000 | $1,565,000 | -23.3% | 0.0% |
Arvest Bank | $1,715,000 | $1,540,000 | -10.2% | 0.0% |
The Central Trust Bank | $525,000 | $1,515,000 | 188.6% | 0.0% |
PRIMARY RESIDENTIAL MORTGAGE, INC. | $4,825,000 | $1,480,000 | -69.3% | 0.0% |
Jeanne D'Arc Credit Union | $775,000 | $1,425,000 | 83.9% | 0.0% |
MEMBERS MORTGAGE COMPANY, INC. | $1,970,000 | $1,425,000 | -27.7% | 0.0% |
Northpointe Bank | $2,540,000 | $1,410,000 | -44.5% | 0.0% |
First Merchants Bank | $1,395,000 | n/a | 0.0% | |
LONGBRIDGE FINANCIAL, LLC | $4,045,000 | $1,395,000 | -65.5% | 0.0% |
Goldman Sachs Bank USA | $8,620,000 | $1,360,000 | -84.2% | 0.0% |
Bank-Fund Staff Federal Credit Union | $635,000 | $1,355,000 | 113.4% | 0.0% |
Keystone Funding, Inc. | $1,350,000 | n/a | 0.0% | |
A&D Mortgage LLC | $1,605,000 | $1,305,000 | -18.7% | 0.0% |
First Internet Bank of Indiana | $1,230,000 | $1,305,000 | 6.1% | 0.0% |
Baxter Credit Union | $465,000 | $1,255,000 | 169.9% | 0.0% |
SILVER HILL FUNDING, LLC | $1,250,000 | n/a | 0.0% | |
HARVARD UNIVERSITY EMPLOYEES | $1,235,000 | n/a | 0.0% | |
LENDINGONE, LLC | $1,190,000 | n/a | 0.0% | |
AMERICAN INTERNET MORTGAGE, INC. | $930,000 | $1,130,000 | 21.5% | 0.0% |
DREW MORTGAGE ASSOCIATES, INC. | $1,120,000 | n/a | 0.0% | |
HOMESTEAD FUNDING CORP. | $1,400,000 | $1,110,000 | -20.7% | 0.0% |
North American Savings Bank, F.S.B. | $1,410,000 | $1,090,000 | -22.7% | 0.0% |
MORTGAGE EQUITY PARTNERS LLC | $1,395,000 | $1,085,000 | -22.2% | 0.0% |
MID-ISLAND MORTGAGE CORP. | $1,075,000 | n/a | 0.0% | |
TOP FLITE FINANCIAL, INC. | $1,055,000 | n/a | 0.0% | |
United Nations Federal Credit Union | $475,000 | $1,050,000 | 121.1% | 0.0% |
MutualOne Bank | $2,205,000 | $1,035,000 | -53.1% | 0.0% |
CONTOUR MORTGAGE CORPORATION | $835,000 | $1,030,000 | 23.4% | 0.0% |
VILLAGE CAPITAL MORTGAGE | $4,040,000 | $995,000 | -75.4% | 0.0% |
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION | $1,310,000 | $985,000 | -24.8% | 0.0% |
Easthampton Savings Bank | $980,000 | n/a | 0.0% | |
LISBON COMMUNITY | $965,000 | $980,000 | 1.6% | 0.0% |
Axos Bank | $550,000 | $960,000 | 74.5% | 0.0% |
Farmers Bank & Trust | $245,000 | $960,000 | 291.8% | 0.0% |
Profile Bank | $1,000,000 | $955,000 | -4.5% | 0.0% |
MICHIGAN MUTUAL, INC. | $4,145,000 | $945,000 | -77.2% | 0.0% |
Home Loan Investment Bank, F.S.B. | $315,000 | $930,000 | 195.2% | 0.0% |
Nations Lending Corporation | $3,125,000 | $930,000 | -70.2% | 0.0% |
Barrington Bank & Trust Company, N.A. | $1,940,000 | $900,000 | -53.6% | 0.0% |
PLANET HOME LENDING, LLC | $775,000 | $865,000 | 11.6% | 0.0% |
NP, Inc. | $185,000 | $855,000 | 362.2% | 0.0% |
State Department Federal Credit Union | $855,000 | n/a | 0.0% | |
FIRST COMMUNITY MORTGAGE, INC. | $810,000 | n/a | 0.0% | |
Ameris Bank | $800,000 | n/a | 0.0% | |
LENDSURE MORTGAGE CORP. | $405,000 | $790,000 | 95.1% | 0.0% |
AMERICAN FINANCIAL NETWORK, INC. | $770,000 | n/a | 0.0% | |
South Shore Bank | $765,000 | n/a | 0.0% | |
NFM, INC. | $670,000 | $750,000 | 11.9% | 0.0% |
Armed Forces Bank | $415,000 | $725,000 | 74.7% | 0.0% |
Bank of England | $2,380,000 | $725,000 | -69.5% | 0.0% |
BMO Harris Bank | $725,000 | n/a | 0.0% | |
First Bank | $725,000 | n/a | 0.0% | |
FIRST CENTENNIAL MORTGAGE CORPORATION | $1,260,000 | $725,000 | -42.5% | 0.0% |
Eastern Bank | $9,120,000 | $715,000 | -92.2% | 0.0% |
Eagle Bank | $705,000 | n/a | 0.0% | |
Wilmington Savings Fund Society, FSB | $705,000 | n/a | 0.0% | |
Haverhill Bank | $805,000 | $695,000 | -13.7% | 0.0% |
DEEPHAVEN MORTGAGE LLC | $560,000 | $690,000 | 23.2% | 0.0% |
NBH Bank | $620,000 | $685,000 | 10.5% | 0.0% |
First Savings Bank | $1,035,000 | $680,000 | -34.3% | 0.0% |
Down East Credit Union | $1,105,000 | $670,000 | -39.4% | 0.0% |
FIRST MORTGAGE COMPANY, INC. | $355,000 | $670,000 | 88.7% | 0.0% |
Honor Credit Union | $670,000 | n/a | 0.0% | |
ALLIANT CREDIT UNION | $295,000 | $665,000 | 125.4% | 0.0% |
First-Citizens Bank & Trust Company | $565,000 | $660,000 | 16.8% | 0.0% |
LIBERTY HOME MORTGAGE CORPORATION | $605,000 | $660,000 | 9.1% | 0.0% |
NATIONWIDE MORTGAGE BANKERS, INC. | $410,000 | $650,000 | 58.5% | 0.0% |
21ST MORTGAGE CORPORATION | $340,000 | $625,000 | 83.8% | 0.0% |
SIRVA MORTGAGE, INC. | $625,000 | n/a | 0.0% | |
SUN WEST MORTGAGE COMPANY, INC. | $695,000 | $605,000 | -12.9% | 0.0% |
AmeriHome Mortgage Company, LLC | $1,865,000 | $590,000 | -68.4% | 0.0% |
Farm Credit East, ACA | $755,000 | $580,000 | -23.2% | 0.0% |
Northern Bank & Trust Company | $290,000 | $580,000 | 100.0% | 0.0% |
Solarity Credit Union | $565,000 | n/a | 0.0% | |
BNC National Bank | $2,910,000 | $555,000 | -80.9% | 0.0% |
BOKF | $235,000 | $555,000 | 136.2% | 0.0% |
GUARANTY HOME MORTGAGE CORPORATION | $1,445,000 | $555,000 | -61.6% | 0.0% |
POLARIS HOME FUNDING CORP. | $550,000 | n/a | 0.0% | |
Union Bank | $1,115,000 | $545,000 | -51.1% | 0.0% |
First United Bank and Trust Company | $535,000 | n/a | 0.0% | |
MORTGAGE ACCESS CORP. | $415,000 | $515,000 | 24.1% | 0.0% |
Prosperity Home Mortgage, LLC | $510,000 | n/a | 0.0% | |
FIRST HOME MORTGAGE CORPORATION | $505,000 | n/a | 0.0% | |
GoPrime Mortgage, Inc. | $505,000 | n/a | 0.0% | |
Pinnacle Bank | $505,000 | n/a | 0.0% | |
AMWEST FUNDING CORP. | $495,000 | n/a | 0.0% | |
NexBank | $225,000 | $495,000 | 120.0% | 0.0% |
The Northern Trust Company | $1,240,000 | $495,000 | -60.1% | 0.0% |
Shamrock Home Loans, Inc. | $1,120,000 | $465,000 | -58.5% | 0.0% |
OCEAN STATE CREDIT UNION | $1,410,000 | $450,000 | -68.1% | 0.0% |
TRIAD FINANCIAL SERVICES, INC. | $825,000 | $440,000 | -46.7% | 0.0% |
Avidia Bank | $2,500,000 | $430,000 | -82.8% | 0.0% |
Presidential Bank, FSB | $315,000 | $425,000 | 34.9% | 0.0% |
PHH Mortgage Corporation | $5,365,000 | $415,000 | -92.3% | 0.0% |
Main Street Bank | $410,000 | n/a | 0.0% | |
Adams Community Bank | $445,000 | $405,000 | -9.0% | 0.0% |
Freedom Credit Union | $405,000 | n/a | 0.0% | |
HOMESIDE FINANCIAL, LLC | $405,000 | n/a | 0.0% | |
LENOX FINANCIAL MORTGAGE CORPORATION | $405,000 | n/a | 0.0% | |
Plains Commerce Bank | $1,130,000 | $405,000 | -64.2% | 0.0% |
RBC Bank, (Georgia) | $405,000 | n/a | 0.0% | |
Everett Co-operative Bank | $285,000 | $400,000 | 40.4% | 0.0% |
MORTGAGE SOLUTIONS OF COLORADO, LLC | $205,000 | $395,000 | 92.7% | 0.0% |
NATIONS RELIABLE LENDING, LLC | $395,000 | n/a | 0.0% | |
AMERICAN PACIFIC MORTGAGE CORPORATION | $2,260,000 | $365,000 | -83.8% | 0.0% |
MERRIMACK VALLEY | $1,505,000 | $365,000 | -75.7% | 0.0% |
North Shore Bank, a Co-operative Bank | $1,160,000 | $365,000 | -68.5% | 0.0% |
First Western Federal Savings Bank | $355,000 | n/a | 0.0% | |
TEMPLE VIEW CAPITAL FUNDING, LP | $355,000 | n/a | 0.0% | |
UTILITIES EMPLOYEES CREDIT UNION | $355,000 | n/a | 0.0% | |
NATIONS DIRECT MORTGAGE, LLC | $345,000 | n/a | 0.0% | |
UNION HOME MORTGAGE CORP. | $345,000 | n/a | 0.0% | |
AMERICAN FINANCIAL RESOURCES, INC. | $905,000 | $340,000 | -62.4% | 0.0% |
FINANCIAL RESOURCES FEDERAL CREDIT UNION | $325,000 | n/a | 0.0% | |
First Financial Bank | $325,000 | n/a | 0.0% | |
TruHome Solutions, LLC | $325,000 | n/a | 0.0% | |
First National Bank of America | $315,000 | n/a | 0.0% | |
Firstrust Savings Bank | $3,945,000 | $315,000 | -92.0% | 0.0% |
Blue Ridge Bank | $305,000 | n/a | 0.0% | |
City National Bank | $2,235,000 | $305,000 | -86.4% | 0.0% |
Commerce Home Mortgage, Inc. | $305,000 | n/a | 0.0% | |
CREDIT UNION MORTGAGE ASSOCIATION, INC. | $455,000 | $305,000 | -33.0% | 0.0% |
RF Renovo Management Company, LLC | $245,000 | $300,000 | 22.4% | 0.0% |
VELOCITY COMMERCIAL CAPITAL, LLC | $1,790,000 | $295,000 | -83.5% | 0.0% |
ZILLOW HOME LOANS, LLC | $2,445,000 | $295,000 | -87.9% | 0.0% |
Acadia Federal Credit Union | $315,000 | $285,000 | -9.5% | 0.0% |
Cornerstone First Mortgage, Inc | $270,000 | n/a | 0.0% | |
AMERICAN HERITAGE LENDING, INC. | $265,000 | n/a | 0.0% | |
Notre Dame Federal Credit Union Corporation | $265,000 | n/a | 0.0% | |
QUORUM FEDERAL CREDIT UNION | $1,230,000 | $260,000 | -78.9% | 0.0% |
AMERICAN FINANCING CORPORATION | $2,725,000 | $255,000 | -90.6% | 0.0% |
Community First National Bank | $255,000 | n/a | 0.0% | |
Midcoast Federal Credit Union | $5,420,000 | $255,000 | -95.3% | 0.0% |
Rollstone Bank & Trust | $1,820,000 | $255,000 | -86.0% | 0.0% |
Mortgage Assurance Inc. | $770,000 | $245,000 | -68.2% | 0.0% |
CHURCHILL MORTGAGE CORPORATION | $480,000 | $235,000 | -51.0% | 0.0% |
SOUTHWEST STAGE FUNDING, LLC | $235,000 | n/a | 0.0% | |
The Union Bank Company | $1,170,000 | $235,000 | -79.9% | 0.0% |
Liberty Savings Bank, F.S.B. | $225,000 | n/a | 0.0% | |
USAlliance Federal Credit Union | $625,000 | $215,000 | -65.6% | 0.0% |
ADVANCIAL | $485,000 | $205,000 | -57.7% | 0.0% |
Peoples Bank | $305,000 | $205,000 | -32.8% | 0.0% |
The Bank of Canton | $205,000 | n/a | 0.0% | |
ROUNDPOINT MORTGAGE SERVICING CORPORATION | $175,000 | $195,000 | 11.4% | 0.0% |
MASS. INSTITUTE OF TECH. FEDERAL CREDIT UNION | $175,000 | n/a | 0.0% | |
RUOFF MORTGAGE COMPANY, INC. | $330,000 | $165,000 | -50.0% | 0.0% |
WRIGHT PATMAN CONGRESSIONAL FEDERAL CREDIT UNION | $865,000 | $155,000 | -82.1% | 0.0% |
MASS BAY Credit Union | $150,000 | n/a | 0.0% | |
CALCON MUTUAL MORTGAGE LLC | $125,000 | $145,000 | 16.0% | 0.0% |
LOGIX FEDERAL CREDIT UNION | $1,620,000 | $145,000 | -91.0% | 0.0% |
FARMERS INSURANCE GROUP FEDERAL CREDIT UNION | $115,000 | n/a | 0.0% | |
ALIGN CREDIT UNION | $1,035,000 | $105,000 | -89.9% | 0.0% |
Institution for Savings in Newburyport and Its Vicinity | $12,730,000 | $105,000 | -99.2% | 0.0% |
Connexus Credit Union | $95,000 | n/a | 0.0% | |
WINGS FINANCIAL | $55,000 | $95,000 | 72.7% | 0.0% |
Brookline Bank | $355,000 | $85,000 | -76.1% | 0.0% |
LIBERTY BAY CREDIT UNION | $75,000 | n/a | 0.0% | |
GREENWOOD | $370,000 | $65,000 | -82.4% | 0.0% |
Navigant Credit Union | $210,000 | $65,000 | -69.0% | 0.0% |
Metrowest Community Federal Credit Union | $55,000 | n/a | 0.0% | |
RTN FEDERAL CREDIT UNION | $1,415,000 | $55,000 | -96.1% | 0.0% |
SCIENT Federal Credit Union | $45,000 | n/a | 0.0% | |
American Airlines Federal Credit Union | $1,025,000 | $35,000 | -96.6% | 0.0% |
Reading Co-Operative Bank | $35,000 | n/a | 0.0% | |
Granite State Credit Union | $25,000 | n/a | 0.0% | |
United States Senate Federal Credit Union | $105,000 | $15,000 | -85.7% | 0.0% |
PORTLAND - SOUTH PORTLAND's top lender by overall market share is Bangor Savings Bank, with 7.3% market share. In second place, with 6.5%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $248,050,000 in loans. In third place, with 5.5%, is The Camden National Bank, having originated $210,145,000 in loans. In fourth place, with 4.8%, is CMG MORTGAGE, INC., having originated $184,425,000 in loans. In fifth place, with 4.7%, is GUILD MORTGAGE COMPANY, having originated $177,710,000 in loans.
PORTLAND - SOUTH PORTLAND Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - PORTLAND - SOUTH PORTLAND (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Price (YoY Change) | Average Listing Price (YoY) | MSA/US Median Price Ratio | Active Listings |
---|---|---|---|---|
2018-01-01 | $342,500 (5.4%) | $485,060 (7.9%) | 1.27 | 1,968 |
2018-02-01 | $349,800 (5.9%) | $486,831 (5.7%) | 1.27 | 1,829 |
2018-03-01 | $350,000 (3.0%) | $495,079 (4.6%) | 1.23 | 1,831 |
2018-04-01 | $359,925 (4.1%) | $511,348 (4.5%) | 1.22 | 1,945 |
2018-05-01 | $364,850 (4.3%) | $505,992 (3.9%) | 1.22 | 2,246 |
2018-06-01 | $366,500 (4.8%) | $505,380 (3.8%) | 1.22 | 2,602 |
2018-07-01 | $366,900 (4.9%) | $507,395 (2.5%) | 1.23 | 2,799 |
2018-08-01 | $359,000 (3.3%) | $502,038 (1.8%) | 1.20 | 2,965 |
2018-09-01 | $355,000 (3.2%) | $493,262 (0.2%) | 1.19 | 3,048 |
2018-10-01 | $351,875 (3.5%) | $490,332 (0.0%) | 1.19 | 2,945 |
2018-11-01 | $354,999 (4.6%) | $492,641 (1.3%) | 1.20 | 2,759 |
2018-12-01 | $349,000 (2.7%) | $484,836 (-0.7%) | 1.20 | 2,441 |
2019-01-01 | $349,450 (2.0%) | $480,011 (-1.0%) | 1.21 | 2,070 |
2019-02-01 | $357,425 (2.2%) | $494,834 (1.6%) | 1.21 | 1,984 |
2019-03-01 | $366,429 (4.7%) | $506,236 (2.3%) | 1.20 | 1,946 |
2019-04-01 | $377,250 (4.8%) | $518,611 (1.4%) | 1.20 | 1,932 |
2019-05-01 | $383,450 (5.1%) | $526,172 (4.0%) | 1.20 | 2,122 |
2019-06-01 | $388,250 (5.9%) | $531,085 (5.1%) | 1.21 | 2,433 |
2019-07-01 | $389,450 (6.2%) | $540,263 (6.5%) | 1.22 | 2,571 |
2019-08-01 | $387,882 (8.1%) | $539,163 (7.4%) | 1.23 | 2,601 |
2019-09-01 | $386,205 (8.8%) | $537,710 (9.0%) | 1.24 | 2,551 |
2019-10-01 | $384,950 (9.4%) | $537,947 (9.7%) | 1.24 | 2,487 |
2019-11-01 | $385,000 (8.5%) | $546,055 (10.8%) | 1.26 | 2,210 |
2019-12-01 | $385,713 (10.5%) | $549,183 (13.3%) | 1.29 | 1,751 |
2020-01-01 | $395,000 (13.0%) | $548,034 (14.2%) | 1.32 | 1,510 |
2020-02-01 | $399,000 (11.6%) | $557,594 (12.7%) | 1.31 | 1,401 |
2020-03-01 | $399,450 (9.0%) | $571,349 (12.9%) | 1.25 | 1,455 |
2020-04-01 | $405,000 (7.4%) | $566,833 (9.3%) | 1.27 | 1,512 |
2020-05-01 | $415,000 (8.2%) | $585,052 (11.2%) | 1.26 | 1,526 |
2020-06-01 | $414,950 (6.9%) | $595,023 (12.0%) | 1.22 | 1,611 |
2020-07-01 | $427,450 (9.8%) | $608,768 (12.7%) | 1.24 | 1,561 |
2020-08-01 | $424,950 (9.6%) | $605,902 (12.4%) | 1.22 | 1,413 |
2020-09-01 | $424,250 (9.9%) | $607,735 (13.0%) | 1.22 | 1,363 |
2020-10-01 | $417,500 (8.5%) | $590,632 (9.8%) | 1.20 | 1,339 |
2020-11-01 | $425,000 (10.4%) | $590,677 (8.2%) | 1.24 | 1,191 |
2020-12-01 | $441,400 (14.4%) | $597,642 (8.8%) | 1.31 | 978 |
2021-01-01 | $438,500 (11.0%) | $612,446 (11.8%) | 1.31 | 751 |
2021-02-01 | $437,500 (9.7%) | $624,166 (11.9%) | 1.27 | 629 |
2021-03-01 | $438,152 (9.7%) | $608,812 (6.6%) | 1.24 | 614 |
2021-04-01 | $448,898 (10.8%) | $651,749 (15.0%) | 1.22 | 649 |
2021-05-01 | $459,900 (10.8%) | $661,625 (13.1%) | 1.22 | 733 |
2021-06-01 | $474,713 (14.4%) | $685,899 (15.3%) | 1.25 | 902 |
2021-07-01 | $479,450 (12.2%) | $667,944 (9.7%) | 1.27 | 1,093 |
2021-08-01 | $465,225 (9.5%) | $649,746 (7.2%) | 1.24 | 1,113 |
2021-09-01 | $450,000 (6.1%) | $649,998 (7.0%) | 1.20 | 1,064 |
2021-10-01 | $465,000 (11.4%) | $687,644 (16.4%) | 1.24 | 943 |
2021-11-01 | $482,100 (13.4%) | $722,467 (22.3%) | 1.29 | 770 |
2021-12-01 | $493,250 (11.8%) | $746,101 (24.8%) | 1.34 | 597 |
2022-01-01 | $498,950 (13.8%) | $742,811 (21.3%) | 1.35 | 495 |
2022-02-01 | $532,000 (21.6%) | $729,384 (16.9%) | 1.38 | 437 |
2022-03-01 | $521,225 (19.0%) | $715,114 (17.5%) | 1.30 | 469 |
2022-04-01 | $525,000 (17.0%) | $724,748 (11.2%) | 1.25 | 567 |
2022-05-01 | $532,500 (15.8%) | $720,773 (8.9%) | 1.22 | 718 |
2022-06-01 | $544,000 (14.6%) | $730,869 (6.6%) | 1.21 | 888 |
2022-07-01 | $549,900 (14.7%) | $732,893 (9.7%) | 1.24 | 1,088 |
2022-08-01 | $549,950 (18.2%) | $729,522 (12.3%) | 1.27 | 1,090 |
2022-09-01 | $542,000 (20.4%) | $743,449 (14.4%) | 1.27 | 1,037 |
2022-10-01 | $549,000 (18.1%) | $737,174 (7.2%) | 1.29 | 1,006 |
2022-11-01 | $542,000 (12.4%) | $736,401 (1.9%) | 1.30 | 946 |
2022-12-01 | $551,750 (11.9%) | $752,445 (0.9%) | 1.36 | 808 |
2023-01-01 | $584,775 (17.2%) | $735,776 (-1.0%) | 1.45 | 656 |
2023-02-01 | $590,000 (10.9%) | $769,548 (5.5%) | 1.42 | 589 |
2023-03-01 | $619,000 (18.8%) | $829,590 (16.0%) | 1.46 | 574 |
2023-04-01 | $628,700 (19.8%) | $847,820 (17.0%) | 1.46 | 630 |
2023-05-01 | $623,175 (17.0%) | $848,468 (17.7%) | 1.41 | 728 |
2023-06-01 | $625,000 (14.9%) | $875,841 (19.8%) | 1.40 | 783 |
2023-07-01 | $623,800 (13.4%) | $882,708 (20.4%) | 1.42 | 883 |
2023-08-01 | $611,350 (11.2%) | $858,625 (17.7%) | 1.40 | 982 |
2023-09-01 | $599,900 (10.7%) | $870,420 (17.1%) | 1.40 | 1,107 |
2023-10-01 | $599,950 (9.3%) | $874,809 (18.7%) | 1.41 | 1,104 |
2023-11-01 | $599,975 (10.7%) | $882,028 (19.8%) | 1.43 | 1,064 |
2023-12-01 | $599,900 (8.7%) | $878,491 (16.8%) | 1.46 | 859 |
2024-01-01 | $615,000 (5.2%) | $875,680 (19.0%) | 1.50 | 666 |
2024-02-01 | $604,900 (2.5%) | $854,749 (11.1%) | 1.46 | 657 |
2024-03-01 | $622,700 (0.6%) | $912,739 (10.0%) | 1.47 | 673 |
2024-04-01 | $649,948 (3.4%) | $901,309 (6.3%) | 1.51 | 750 |
2024-05-01 | $673,125 (8.0%) | $944,314 (11.3%) | 1.52 | 912 |
2024-06-01 | $664,750 (6.4%) | $951,434 (8.6%) | 1.49 | 1,095 |
2024-07-01 | $649,500 (4.1%) | $927,459 (5.1%) | 1.48 | 1,328 |
2024-08-01 | $645,000 (5.5%) | $885,473 (3.1%) | 1.50 | 1,389 |
2024-09-01 | $642,125 (7.0%) | $885,237 (1.7%) | 1.51 | 1,443 |
2024-10-01 | $629,000 (4.8%) | $881,101 (0.7%) | 1.48 | 1,537 |
2024-11-01 | $615,000 (2.5%) | $865,630 (-1.9%) | 1.48 | 1,534 |
PORTLAND - SOUTH PORTLAND's median listing price comes in at 148% of the national average.
PORTLAND - SOUTH PORTLAND's average listing price for 2024-11-01 was $865,630, a difference of $-16,398 (-1.9%) versus the prior year and $-15,471 versus the prior month.
For the 2024-11-01 period, PORTLAND - SOUTH PORTLAND had 1,534 MLS listings, a difference of -3 listings (0%) versus the prior month and 470 listings (44%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - PORTLAND - SOUTH PORTLAND (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 101 days | 1,800 sqft |
2018-02-01 | 107 days | 1,792 sqft |
2018-03-01 | 75 days | 1,791 sqft |
2018-04-01 | 50 days | 1,800 sqft |
2018-05-01 | 43 days | 1,796 sqft |
2018-06-01 | 44 days | 1,800 sqft |
2018-07-01 | 51 days | 1,817 sqft |
2018-08-01 | 59 days | 1,815 sqft |
2018-09-01 | 64 days | 1,800 sqft |
2018-10-01 | 71 days | 1,800 sqft |
2018-11-01 | 76 days | 1,800 sqft |
2018-12-01 | 88 days | 1,764 sqft |
2019-01-01 | 103 days | 1,736 sqft |
2019-02-01 | 106 days | 1,741 sqft |
2019-03-01 | 83 days | 1,753 sqft |
2019-04-01 | 52 days | 1,764 sqft |
2019-05-01 | 42 days | 1,780 sqft |
2019-06-01 | 40 days | 1,800 sqft |
2019-07-01 | 47 days | 1,789 sqft |
2019-08-01 | 54 days | 1,780 sqft |
2019-09-01 | 61 days | 1,787 sqft |
2019-10-01 | 67 days | 1,791 sqft |
2019-11-01 | 72 days | 1,790 sqft |
2019-12-01 | 84 days | 1,762 sqft |
2020-01-01 | 89 days | 1,737 sqft |
2020-02-01 | 86 days | 1,694 sqft |
2020-03-01 | 59 days | 1,704 sqft |
2020-04-01 | 55 days | 1,739 sqft |
2020-05-01 | 59 days | 1,765 sqft |
2020-06-01 | 40 days | 1,764 sqft |
2020-07-01 | 43 days | 1,754 sqft |
2020-08-01 | 40 days | 1,742 sqft |
2020-09-01 | 34 days | 1,707 sqft |
2020-10-01 | 34 days | 1,715 sqft |
2020-11-01 | 45 days | 1,720 sqft |
2020-12-01 | 62 days | 1,711 sqft |
2021-01-01 | 70 days | 1,707 sqft |
2021-02-01 | 43 days | 1,662 sqft |
2021-03-01 | 24 days | 1,664 sqft |
2021-04-01 | 17 days | 1,678 sqft |
2021-05-01 | 15 days | 1,707 sqft |
2021-06-01 | 16 days | 1,736 sqft |
2021-07-01 | 22 days | 1,766 sqft |
2021-08-01 | 27 days | 1,747 sqft |
2021-09-01 | 31 days | 1,715 sqft |
2021-10-01 | 34 days | 1,730 sqft |
2021-11-01 | 43 days | 1,743 sqft |
2021-12-01 | 58 days | 1,698 sqft |
2022-01-01 | 46 days | 1,612 sqft |
2022-02-01 | 29 days | 1,636 sqft |
2022-03-01 | 21 days | 1,633 sqft |
2022-04-01 | 12 days | 1,657 sqft |
2022-05-01 | 14 days | 1,707 sqft |
2022-06-01 | 17 days | 1,777 sqft |
2022-07-01 | 23 days | 1,773 sqft |
2022-08-01 | 32 days | 1,769 sqft |
2022-09-01 | 38 days | 1,756 sqft |
2022-10-01 | 42 days | 1,776 sqft |
2022-11-01 | 46 days | 1,691 sqft |
2022-12-01 | 57 days | 1,680 sqft |
2023-01-01 | 67 days | 1,684 sqft |
2023-02-01 | 61 days | 1,674 sqft |
2023-03-01 | 53 days | 1,663 sqft |
2023-04-01 | 27 days | 1,664 sqft |
2023-05-01 | 24 days | 1,670 sqft |
2023-06-01 | 23 days | 1,762 sqft |
2023-07-01 | 28 days | 1,786 sqft |
2023-08-01 | 29 days | 1,740 sqft |
2023-09-01 | 31 days | 1,736 sqft |
2023-10-01 | 37 days | 1,758 sqft |
2023-11-01 | 44 days | 1,780 sqft |
2023-12-01 | 59 days | 1,748 sqft |
2024-01-01 | 75 days | 1,743 sqft |
2024-02-01 | 54 days | 1,681 sqft |
2024-03-01 | 46 days | 1,682 sqft |
2024-04-01 | 42 days | 1,686 sqft |
2024-05-01 | 33 days | 1,744 sqft |
2024-06-01 | 32 days | 1,736 sqft |
2024-07-01 | 39 days | 1,752 sqft |
2024-08-01 | 45 days | 1,728 sqft |
2024-09-01 | 49 days | 1,748 sqft |
2024-10-01 | 52 days | 1,740 sqft |
2024-11-01 | 61 days | 1,729 sqft |
PORTLAND - SOUTH PORTLAND's median square footage for active listings during the 2024-11-01 period was 1,729 sqft. One year prior, the average listing was 1,780 sqft.
PORTLAND-SOUTH PORTLAND, ME Market Loan Reason
Loan Purpose | Originations | Total Value | Average Loan |
---|---|---|---|
Home Purchase | 6,264 | $2,659,300,000 | $424,537 |
Home Improvement | 2,519 | $321,245,000 | $127,529 |
Cash Out Refi | 1,618 | $351,580,000 | $217,293 |
Other | 1,607 | $230,415,000 | $143,382 |
Refi | 952 | $257,870,000 | $270,872 |
NA | 5 | $255,000 | $51,000 |
Portland - South Portland's most frequently cited loan purpose was Home Purchase, with 6,264 originations. The 2nd most popular reason was Home Improvement, with 2,519 originations.
Interest Rate Frequencies
Loan Rate | Originations | Total Value | Average Loan |
---|---|---|---|
6-7% | 4,236 | $1,407,610,000 | $332,297 |
7-8% | 3,700 | $1,047,850,000 | $283,203 |
Over 8% | 2,034 | $312,000,000 | $153,392 |
5-6% | 1,475 | $569,265,000 | $385,942 |
4-5% | 137 | $41,365,000 | $301,934 |
3-4% | 48 | $15,760,000 | $328,333 |
<2.5% | 8 | $6,140,000 | $767,500 |
2.5-3% | 5 | $1,525,000 | $305,000 |
During 2023, Portland - South Portland's most frequently originated rate bucket was 6-7%, with 4,236 originations.
Loan Sizing (PORTLAND-SOUTH PORTLAND, ME MSA)
Loan Size | Originations | Total Value | Average Loan |
---|---|---|---|
$200k-400k | 4,340 | $1,282,030,000 | $295,399 |
$100,000 or less | 3,323 | $179,525,000 | $54,025 |
$100k-200k | 2,204 | $306,310,000 | $138,979 |
$400k-600k | 2,020 | $963,370,000 | $476,916 |
$600k-1000k | 804 | $583,430,000 | $725,659 |
$Over $1MM | 274 | $506,000,000 | $1,846,715 |
PORTLAND - SOUTH PORTLAND's loan sizing saw the bucket of loans from $200k-400k with 4,340 originations, totaling $1,282,030,000 in origination value.
LTV Distribution
Loan to Value | Originations | Total Value | Average Loan |
---|---|---|---|
80-100% | 3,026 | $1,274,250,000 | $421,100 |
Under 20% | 2,995 | $204,065,000 | $68,135 |
60-80% | 2,375 | $1,092,615,000 | $460,048 |
20-40% | 1,841 | $337,235,000 | $183,180 |
40-60% | 1,291 | $433,955,000 | $336,139 |
Over 100% | 92 | $54,590,000 | $593,370 |
PORTLAND - SOUTH PORTLAND's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 3,026 originations, totaling $1,274,250,000 in origination value.