Newcastle Realty Finishes Strong in 2019
Newcastle Realty completed another banner year in 2019 with 168 transactions and $43 Million in sales, putting them in the forefront of the Damariscotta area market. In spite of a very tight supply of for-sale inventory, the number of homes sold during 2019 is at a statistical dead heat with 2018, Maine’s best year ever for residential real estate sales. The number of Maine homes for sale is 13 percent lower than a year ago, which impacts sales volume. Most of the year-to-date 2019 property sales locally have occurred in Waldoboro (110), Boothbay (78), Wiscasset (78), Jefferson (80), Bristol (87), Boothbay Harbor (68), and Damariscotta (50). Slightly fewer sales have happened so far this year in Westport Island (19), Bremen (29), South Bristol (32), Dresden (25), Nobleboro (35), Edgecomb (20), Whitefield (30), Southport (20) and Newcastle (35). Towns seeing about a dozen or fewer sales include Alna (15) and Somerville (7).
President Dennis Hilton credits his team of twenty for their hard work and dedication to outstanding client satisfaction. Last year Debby Schling and Kirsten Ingram were the leaders in sales, each having sales in excess of $5,700,000. Debi Fox had sales in excess of $4,400,000, Sara Rogers, in excess of $4,000,000 and Dean Jacobs, Clint Miller and Lorrie Zeiner, Team JMZ, in excess of $9,300,000.