The Fizbit

Fizbo Market Record — April 3, 2026 Compared against 141 active listings in Portland, 157,092 across Maine, and 182,000+ nationwide, here is where this property stands. This property is a new construction house at Stroudwater Preserve, 3 bedrooms, 3 bathrooms, and an 2,666 square feet of living space. The listing notes that it features a first-floor primary bedroom with bath, walk-in closets, a pantry, and a storage area. Notably, the home has a zoned heat pump system for efficient heating. Situated on a 0.34-acre lot, this property offers well-landscaped grounds and sidewalks. Priced at $995,000, this listing ranks in the 79th percentile among active listings in Portland, with only 21% of city listings being more expensive. However, it's worth noting that its price is significantly higher than the median for houses in the city ($825,000), with a ratio of 1.32x to the city median. In terms of square footage, this property stands out as one of the largest, ranking in the 96th percentile among competing listings. One notable differentiator is that only 12% of competing listings include an on-site parking area with paved spaces and inside entrance – a feature that could be highlighted in marketing efforts. Conversely, its absence of proximity to major highways (near turnpike/interstate) may become a point of discussion during showings. The property's price-per-square-foot percentile is relatively low at 22nd, suggesting that the agent should be prepared to discuss value and justify the premium. With only 86 new homes in Stroudwater Preserve, this listing is competing against a relatively small pool of inventory. However, with an average days-on-market of 118 in Portland, it's essential for the agent to consider pricing strategy and market timing when advising their client.