About Maine economy

The real gross domestic product per capita (Engl. per capita GDP in real terms) in 2006 stood at $ 30,305 (national average of the 50 U.S. states: USD 37,714; place national ranking: 42) [5].

The main products of agriculture, seafood (famous is the Maine lobster), poultry, eggs, potatoes, dairy products, livestock, blueberries and apples. Industrial products are paper, wood and furniture, electronics, food, leather and textiles. Maine is tourism area for the major cities of the American east coast. Kennebunkport is known by the summer White House in the 41st U.S. President George H.W. Bush.

Furthermore, there is the 49 sq km wide and over 1,600 man paying U.S. Navy base Naval Air Station Brunswick in Maine, which is the only military base in New England represents. Are stationed here maritime patrol and transport units. However, in August 2005 decided that the base is closed and its units will be relocated to Florida.

Maine real estate values

Listing Type Number Median Price Price Change
from Sep
Homes for Sale 18,367 $195,000 +2.7%
New Homes 1 $350,000 0.0%
Foreclosures 596 $160,000 -0.3%

Maine real estate markets

The most popular real estate markets for the Maine state are in the following areas:

•    Auburn
•    Bagnor
•    Brunswick
•    Portland
•    Lewiston
•    Kennebunk
•    Scarborough
•    Gorham
•    Hampden
•    Augusta
•    Biddeford
Bear in mind that the list of Maine real estate markets may be subject to change due to economic issues.