home sales Archives - Centralmaine.com

February home sales fall nationwide amid higher mortgage rates, prices

by ALEX VEIGA AP Business Writer March 18, 2022March 18, 2022

Sales declined 2.4% from February 2021 as the median home price jumped 15% from last year at this time to $357,300.

A tightening supply of homes on the market is pushing prices up even as the number of transactions falls.

by MATT OTT Associated Press December 16, 2021December 16, 2021

The Northeast had the biggest jump, rising 27.5 percent.

Continued low inventory in Maine’s housing market led to a nearly 11% decline in single-family home sales across the state.

Statewide home sales volume declined by nearly 10% from a year earlier, mirroring regional and national decreases.

by ALEX VEIGA AP Business Writer October 21, 2021October 21, 2021

Sales of previously occupied U.S. homes bounced back in September to their strongest pace since January.

The off-grid property in Kennebunkport was made by a Maine sculptor and her family.

The Maine Association of Realtors’ president said last month’s numbers suggest the state’s real estate market might be stabilizing.

by ALEX VEIGA Associated Press September 22, 2021September 22, 2021

It’s the latest sign the housing market is cooling as intense competition leaves many would-be buyers on the sidelines.

Despite a decline of about 5%, home sales were still above July 2019 figures.