Maine home sales increased by nearly 36 percent in April from a year earlier, while the median sales price shot up more than 17 percent.

Sales of existing single-family homes were up 35.7 percent in April from a year earlier, and the median sale price increased by 17.1 percent to $276,000, Maine Listings reported Friday. The median indicates that half of the homes sold for more money and half sold for less.

“Maine’s residential real estate market continues to be fast-paced,” said Aaron Bolster, broker/owner of Allied Realty in Skowhegan and president of the Maine Association of Realtors. “The April 2021 statistics … reflect a comparison to one year ago, when the state of Maine was in COVID-shutdown status. Last month’s sales volume was strong – 13 percent above the pre-pandemic April 2019 figures.”

Nationally, home sales were up 28.9 percent in April from a year earlier, and the national median price rose 20.3 percent to reach $347,400, according to the National Association of Realtors. The Northeast experienced a significant sales boost of 30.4 percent, while the regional median sales price increased by 22 percent to $381,100.


Only subscribers are eligible to post comments. Please subscribe or login first for digital access. Here’s why.

Use the form below to reset your password. When you've submitted your account email, we will send an email with a reset code.