MAINE HOME SALES UP 6.89 PERCENT IN AUGUST
(September 21, 2015)
The real estate market in Maine is maintaining healthy sales and price increases. According to Maine Listings, REALTORS reported 1,661 single-family existing home sales in Augusta 6.89 percent increase from August 2014. Prices are also up 4.91 percent to a statewide median sales price (MSP) of $187,000. The MSP indicates that half of the homes were sold for more and half sold for less. Sales across the country rose 6.1 percent in the past 12 months. The National Association of REALTORS reported a national MSP of $230,200 in Augusta 5.1 percent increase. Regional sales were up 6.1 percent and the MSP in the northeastern United States increased 2.4 percent to $271,600.
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