Mainebiz

V O L . X X I V N O. I X A P R I L 3 0 , 2 0 1 8 20 Condo prices are affected by things like size, amenities, condition and views. Slopeside condos like the Hackels' — allowing them to hit the slopes from their front door — tend to come with a higher price tag. DuPlessis says 350-square-foot slopeside studio condos at Sunday River sell for as low as $68,000, multi-bed- room townhomes of 3,200 square feet as much as $760,000. Off-mountain prices range from $95,000 to $300,000. Hackel, a former president of his condo association, recalls that condo prices rose "dramatically" during his family's first seven years at Sunday River, starting in 2000, then plum- meted during the recession. "I think they're just now starting to tick up," he says, adding that he thinks Boyne's purchase of Sunday River and Sugarloaf could greatly increase value: "I think it will allow them to invest and improve the ski experience, which will increase demand from people who want to own real estate at Sunday River." Strong demand Whatever the price, the Sunday River market is hot, says DuPlessis. In her 14 years, "I've never seen inventory as low as it is right now." at started about 18 months ago. "I hear brokers say the market is hot for primary residences, but this is the first time inventory has been this low for secondary." For one-bedroom condos, her inven- tory is typically 18 to 22 units. "is winter, we've been listing maybe four or five, and now we have only two to three available," she says. at could be because many condo owners today are offering short-term rentals, she says. At Sugarloaf, Punderson says, "We've just come off three strong years, with pretty strong increases." In 2015, the agency had 96 sales worth $21.8 million. For 2016, it was 103 sales for $23.7, and in 2017, 120 sales for $28.5 million. e jumps were likely a result of buyer confidence in the economy, » C O N T I N U E D F RO M P R E V I O U S PA G E Every smile tells a story. And each one can say something powerful. As the nation's leading dental benefits provider, Delta Dental makes it easy to protect your smile and keep it healthy with the largest network of dentists nationwide, quick answers and personalized service. Learn more at NortheastDeltaDental.com. I GUESS THEY LIKE ME YOU LOOK AWFULLY FAMILIAR I CAN'T REPEAT IT BUT IT'S GOOD MY EMPLOYEES ARE WELL TAKEN CARE OF IT'S TOO GOOD TO PUT DOWN THIS IS FUN, I THINK C E N T R A L & W E S T E R N M A I N E F O C U S ONE BROKERAGE'S SUGARLOAF CONDO SALES, 2015–17 S O U R C E : Mountainside Real Estate U N I T S S O L D AV E R AG E S A L E P R I C E O F E X I S T I N G I N V E N T O RY 2015 2015 2016 2016 2017 2017 $227K 96 $230K 103 $238K 120 $200K 0 $210K 30 $220K 60 $230K 90 $240K 120

• Cover