The impact of the coronavirus pandemic on Maine’s housing market will become clearer as spring progresses.
home sales
Posted inBusiness, Maine, News
Coronavirus plunges Maine’s housing market into uncertainty
Before the global pandemic, home sales activity in the state had been on track for another record-breaking year.
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Posted inBusiness, Maine, News
Maine housing market’s record-breaking year left many would-be buyers out in the cold
Sales of single-family homes in December surged by 23% over 2018, boosting both sales volume and the median sale price to new highs in 2019. And demand is even higher.
Posted inBusiness, Maine, News
November decline hurts Maine’s overall home sales in 2019
The state had been on track for a record year before single-family home sales dropped by nearly 8% last month from the same period in 2018.
Posted inBusiness, Maine, News
Maine home sales set a record in 2018, and they’re not far off the pace this year
Through August, the total number of sales was less than 1% below the first eight months of 2018 – the state’s best sales year ever.
Posted inBusiness
Maine home sales flat, prices up slightly in July
The median sale price of existing single-family homes in Maine increased by about 2 percent compared with a year earlier.
Posted inBusiness, Maine, Uncategorized
New numbers show spring rebound continued in May for Maine home sales
Home sales increased by 6.3% and the median price was up 4.6% from a year earlier.
Posted inBusiness, Maine, News, Politics
Selling a lakefront home next year? You’ll need a septic inspection first.
The bill signed on Earth Day by Gov. Janet Mills is an extension of the inspection requirement in effect since 2007 for homes along the Maine coast.
Posted inBusiness
Declining home prices provide another sign that real estate boom may be ending
Before March, the most recent month in which prices had experienced a year-over-year decline was February 2016.
Posted inMaine, sj-web
August continues ‘banner year’ for Maine home sales
August sales remained strong for existing, single-family homes in Maine, with sales volume up nearly 6 percent and home values up nearly 7 percent from a year earlier. According to Maine Listings, 2,072 existing Maine homes were sold in August, a 5.9 percent increase compared with August 2017. The median sale price for those homes […]