The median home sale price in Maine last month was $399,250 – a 5% increase over July 2023, but a slight dip from the record high of $406,000 reported this June.
Home Prices
Posted inBusiness, Nation & World, News
Average long-term U.S. mortgage rate up to 7.19%
It is another setback for would-be homebuyers navigating an increasingly less affordable housing market.
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Posted inBusiness
Real estate market seeing some changes, but inventory remains key to easing
June figures from the Maine Association of Realtors show more homes are on the market, while home prices remain high.
Posted inBusiness, News, Uncategorized
Lack of inventory slowed Maine home sales in January
The most recent monthly data show the number of sales fell by double digits compared to a year ago, while prices rose modestly.