Where is the Maine Housing Market Heading?
Not a day goes by when I don’t get asked at least once “how’s the market”? Almost everyone has a vested interest in real estate.
Prices and Volume up in June
Demand continues to drive up the values of Maine’s single family existing homes. Statewide the June median sales price (MSP) was $310,000.
January 2021 Sales Reults
Maine home sales and prices increased in January 20201 while inventory remained low.
Maine Home Price Forecast
So far, home prices in Maine have indeed weathered the storm, but what is next on the horizon?
June Home Sales Update
Real estate is behaving in ways that is difficult to understand; yet is very understandable.
May 2020 Maine Home Sales Update
Typically March, April and May are strong months for new properties to enter the market – but we are not experiencing anything close to normal.
2019 Full Year Sales Statistics
For the fifth consecutive year, Maine home sales set a record in 2019 as 18,335 single family homes were sold.
October 2019 Sales Report
Year-to-date single family sales continue to exceed prior year, albeit by a small margin.
April Home Sales Update
While year-over-year single family home sales remain behind last year, the month of April was stronger
February Sales Improve Slightly
While Maine sales in February improved, year-to-date results are still significantly below prior year.