SOUTH PORTLAND — Sales of single-family existing homes in Maine jumped by hefty double-digits in June.

According to Maine Listings, 1,788 homes changed hands last month, resulting in an 18.18 percent rise in sales. The statewide median sales price (MSP) for homes sold during the month of June increased 1.46 percent to $187,700. The MSP indicates that half of the homes were sold for more and half sold for less.

The National Association of Realtors today reported a nationwide single-family existing home sales increase of 9.8 percent. The national MSP also rose 6.6 percent in June to $237,700. Regionally, the Northeast experienced a 12.5 percent uptick in sales, while the regional MSP increased 3.9 percent to $281,200.

Marie Flaherty, 2015 President of the Maine Association of Realtors, said, “sellers now have more confidence to make a move they have been considering for a long time. Many are highly-motivated to relocate, and they have strategically priced their homes to leave less room for negotiation, which they hope will result in a faster sale.”

Flaherty, a Realtor with The Flaherty Group, said “Buyers should be prepared to make their best offer, since the seller or their agent are not required to notify them of the existence of other offers. If a home is in a highly desirable location, well presented and priced at the market, there are often multiple buyers competing for the property. With the limited supply of homes in some areas, it’s important to enlist the services of a highly-skilled Realtor to help ensure a successful transaction.”

Below are two charts showing statistics for Maine and its 16 counties. The first chart lists statistics for the month of June only, statewide. The second chart compares the number of existing, single-family homes sold (units) and volume (MSP) during the “rolling quarter” the months of April 1, 2014 to June 30, 2014 and April 1, 2015 to June 30, 2015.

Maine Real Estate Statistics – June 2015 Housing Report—7/22/15—

JUNE ONLY CHART

June 1-30, 2014 – June 1-30, 2015

County # Units Sold # Units Sold % MSP MSP %

2014 2015 Chng 2014 2015 Chng

STATEWIDE 1513 1788 18.18% $185,000 $187,700 1.46%

ROLLING QUARTER CHART

From April 1, 2014 – June 30, 2014 and

April 1, 2015 – June 30, 2015

County # Units Sold # Units Sold % MSP MSP %

2014 2015 Chng 2014 2015 Chng

STATEWIDE 3830 4155 8.49% $175,000 $184,000 5.14%

Androscoggin 263 264 0.38% $130,000 $137,250 5.58%

Aroostook 105 125 19.05% $85,000 $90,000 5.88%

Cumberland 982 1159 18.02% $245,000 $249,000 1.63%

Franklin 87 72 -17.24% $120,000 $136,250 13.54%

Hancock 158 164 3.80% $182,500 $199,000 9.04%

Kennebec 307 355 15.64% $140,000 $139,000 -0.71%

Knox 111 138 24.32% $163,000 $184,500 13.19%

Lincoln 126 104 -17.46% $200,000 $167,000 -16.50%

Oxford 174 175 0.57% $125,500 $138,000 9.96%

Penobscot 337 365 8.31% $124,900 $133,000 6.49%

Piscataquis 55 66 20.00% $100,000 $94,500 -5.50%

Sagadahoc 134 114 -14.93% $168,250 $179,000 6.39%

Somerset 117 111 -5.13% $89,500 $84,000 -6.15%

Waldo 91 113 24.18% $128,000 $150,000 17.19%

Washington 54 51 -5.56% $86,500 $99,000 14.45%

York 729 779 6.86% $213,000 $231,500 8.69%

Source: Maine Real Estate Information System, Inc. (d/b/a Maine Listings). Note: Maine Listings, a subsidiary of the Maine Association of REALTORS, is a statewide Multiple Listing Service with over 4,200 licensees inputting active and sold property listing data. Statistics reflect properties reported as sold in the system within the time periods indicated. Contacts: Maine Association of REALTORS President Marie Flaherty (The Flaherty Group) – 221-8585 – [email protected] – Maine Association of REALTORS President-Elect Ed Gardner (Ocean Gate Realty) – 773-1919 – [email protected] For more names: [email protected]