January home sales in Maine increased in both volume and median price over the same period last year, beating national trends.

Maine Listings, a subsidiary of the Maine Association of Realtors, calculated a 13.5 percent rise in sales last month compared with January 2015, increasing from 783 sales to 889. The median sale price reached $175,500, an increase of 9.7 percent, according to a Maine Listings news release. The median sale price indicates that half of the homes were sold for more and half sold for less.

Sales activity statewide for the three-month period ending Jan. 31 was up 17.5 percent from the same period a year earlier to 3,338 sales, and the median sale price was up 2.3 percent to $177,500.

Penobscot County had the biggest boost in sales during the three-month period, up 40.8 percent from a year earlier to 307 sales, while Franklin County had the biggest decrease, down 14.5 percent to 71 sales.

Washington County had the biggest median sale price increase for the three-month period, up 47.4 percent to $108,000, while Somerset County had the biggest decrease, down 19.5 percent to $80,500.

The National Association of Realtors also reported an 11.2 percent increase in sales nationwide in January compared with a year earlier, and a national median sale price increase of 8.3 percent to $215,000.

Regionally, the Northeast had a 20.6 percent jump in sales while the regional median sale price was up 0.9 percent to $247,500.


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