Homes also got more expensive, with the median sales price increasing by nearly 11 percent from a year earlier to $254,900.
real estate
Lewiston-Auburn real estate market surges during pandemic
According to local real estate agents, the recent uptick of home sales has been caused by a convergence of factors heightened by COVID-19.
On the Market: Authentic Farmhouse Chic in Southern Maine
Get everything and the farmhouse sink when you go all in on a Maine farm property.
Homebuyers from away aren’t flocking to Maine … yet
Real estate agents have anticipated that the coronavirus might lead more out-of-state residents to relocate to Maine, but so far the numbers aren’t showing it.
Find First-Floor Living in Desirable Cumberland Foreside Condo
10 Amy Lane, Cumberland
Close to the City and Closer to the Lakes, Check Out this Country Estate
61 Barstow Rd., Gorham
Maine home sales plunged by more than 21% in May
After dropping 15% in April, sales took another tumble, all while prices inched upward because of fewer houses being on the market.
Marine engineering firm expands to Portland waterfront
Navatek, a global marine systems engineering firm, has moved into 4,800 square feet of new laboratory and shop space on West Commercial Street.
U.S. new-home sales post slight gain in April
U.S. new home sales ticked up 0.6% in April, a surprising gain amid the coronavirus outbreak that hints at the relative health of many consumers.
With little on the market, Maine home sales fell 15% in April while prices jumped
While the coronavirus pandemic greatly reduced sales and housing inventory, the median sales price shot upward thanks to a shortage of available homes.