The last year-over-year sales decrease was in March 2019, when the median sale price was $200,000.
home sales
Legislation could create starter home program modeled after Lewiston project
Amy Smith, executive director of Healthy Homeworks, said a state program could close the financing gap for renovating aging housing stock for first-time homebuyers.
Maine home sales, prices, inventory all up in February
Real estate experts say increased inventory points toward a positive spring market.
More and more Maine homes are selling for millions of dollars
Maine’s luxury real estate market had a record year in 2024, while the number of properties sold for more than $1 million has quadrupled over the last 5 years.
Maine home prices rose in January, and so did sales
The year kicked off with the same trends from 2024.
Why the dream of a starter home in Maine is slipping out of reach
Young people can’t find or afford houses in their communities. Families can’t move out of places they’ve outgrown. The cycle is stuck. Can it be fixed?
Maine home prices hit a new high in 2024. Don’t expect them to come down.
The median price for a Maine home reached a record $390,200 in 2024, but the year also saw sales increasing after years of declines.
Maine home prices cooled in November as inventory rose
The median sales price was $385,000, down from the previous month but up 8.5% from November of last year.
3 Maine counties now have median home price over $500,000
The state’s ongoing inventory shortage, coupled with the high demand for single-family homes, has led to a record-breaking year for home prices in Maine.
Average rate on 30-year mortgage in U.S. rises for fifth straight week
The average rate on a 30-year home loan hasn’t been this high since Aug. 1.