Maine home sales buck national trend, stay strong
Sales volume and prices are both going up in Maine, significantly so.
PORTLAND, Maine — Home sales in Maine are going in the opposite direction of national trends; sales volume and prices are going up.
The Maine Association of Realtors says November sales rose by almost 3 percent, while they fell by nearly 7 percent around the country. The figure compares last month with November 2017.
The median sales price in Maine also went up, by 9.5 percent to $219,000. The national median sales price went up as well, but by only 5 percent, to $260,500.
The Portland Press Herald reports that Maine is on track to beat its record in home sales. The record was set last year, when 17,633 single-family homes sold.
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