The last year-over-year sales decrease was in March 2019, when the median sale price was $200,000.
Maine Association of Realtors
Posted inBusiness, Maine, News
Maine home sales, prices, inventory all up in February
Real estate experts say increased inventory points toward a positive spring market.
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Posted inBusiness, Maine
Maine home prices hit a new high in 2024. Don’t expect them to come down.
The median price for a Maine home reached a record $390,200 in 2024, but the year also saw sales increasing after years of declines.
Posted inBusiness, News
3 Maine counties now have median home price over $500,000
The state’s ongoing inventory shortage, coupled with the high demand for single-family homes, has led to a record-breaking year for home prices in Maine.
Posted inBusiness, News
Price of typical Maine home hovering around $400,000, but more are hitting the market
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.
Posted inBusiness, News
Price of typical Maine home climbs above $400,000 for first time
‘It was only a matter of time before (Maine) crossed the threshold,’ said Paul McKee, president of the Maine Association of Realtors.
Posted inBusiness, Maine, News
Maine home sales finally increased in February, but so did prices
Demand for homes in Maine continues to outpace the supply, which is pushing prices up, experts say.
Posted inBusiness, Maine, News
Maine home sales broke records in 2023. But not the good kind.
The median sales price rose to $360,000 last year – and more than $500,000 in Cumberland County – as high demand and low inventory continue to squeeze the real estate market.
Posted inBusiness, News
Lack of inventory hurt Maine home sales in September
The overall number of homes for sale last month increased by 2% from August, but there’s still a huge demand and a tiny inventory.
Posted inBusiness, News
With a significant price increase in April, Maine’s housing market may be heating back up
The lack of inventory again hampered sales, but bidding wars are starting to resume and prices rose by more than 6%.