Homes also got more expensive, with the median sales price increasing by nearly 11 percent from a year earlier to $254,900.
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Posted inBusiness, Maine, News
Homebuyers from away aren’t flocking to Maine … yet
Real estate agents have anticipated that the coronavirus might lead more out-of-state residents to relocate to Maine, but so far the numbers aren’t showing it.
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Posted inBusiness, Maine, News
Maine home sales plunged by more than 21% in May
After dropping 15% in April, sales took another tumble, all while prices inched upward because of fewer houses being on the market.
Posted inBusiness, Maine, News
With little on the market, Maine home sales fell 15% in April while prices jumped
While the coronavirus pandemic greatly reduced sales and housing inventory, the median sales price shot upward thanks to a shortage of available homes.
Posted inBusiness, Maine, News
Strong March home sales numbers in Maine belie market turmoil
The impact of the coronavirus pandemic on Maine’s housing market will become clearer as spring progresses.
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.
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.