Overview of Current Market Conditions

These two charts show why values may have increased on this revaluation. The last revaluation was completed in 1998. Since that time, you will see that single family property values have steadily increased over period between revaluations. Single family properties showed a slight downturn in 2008. However, the charts show that all values increased steadily and are higher in 2009 than they were in 1998. So, despite what you may have read in the paper or watched on the news, values in Kennebunkport have continued to increase.