September 20, 2013
Maine home sales up 20% in August
The sales volume for single-family homes jumped 20% in August compared with the same period one year ago.
The latest figures from the Maine Real Estate Information System show real estate agents in the state sold 1,506 homes this year, compared with 1,255 in August 2012. The median price on those homes also rose compared with last year from $170,000 to $182,000.
The increases in home sales volume and median price in Maine outpaced regional and national trends for single-family homes. In New England, sales volume rose 12.7% and the median sales price rose 7.6% to $268,000.
Nationally, sales volume rose 12.8% in August and the median sales price rose to $212,200, a 14.4% increase, according to the National Association of Realtors.
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