PORTLAND (AP) — The Maine Association of Realtors says Maine single-family home sales increased by 7.25 percent in May.
The association says 1,302 homes changed hands in May. Realtors report that median sales price dipped 4.79 percent to $169,950 in the past 12 months.
Maine’s home sales differ from nationwide trends. The nationwide median sales price increased 4.9 percent to $213,600 from a year ago while sales decreased 5.7 percent.
Maine Association of Realtors President Angelia Levesque said she expects volume of sales to increase with summer here. She cited “high inventory levels” in some parts of the state for keeping prices down.
The state’s highest median sales price was in Cumberland County at $235,000. Lowest was in Somerset at $74,500.
Send questions/comments to the editors.
Success. Please wait for the page to reload. If the page does not reload within 5 seconds, please refresh the page.
Enter your email and password to access comments.
Hi, to comment on stories you must . This profile is in addition to your subscription and website login.
Already have a commenting profile? .
Invalid username/password.
Please check your email to confirm and complete your registration.
Only subscribers are eligible to post comments. Please subscribe or login first for digital access. Here’s why.
Use the form below to reset your password. When you've submitted your account email, we will send an email with a reset code.