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Home sales rose 29% in Maine last month, though the median sales price dipped 6%. This winter’s mild weather helped boost sales, according to the Maine Association of Realtors.
A total of 624 existing single-family homes were sold in Maine in February, up from 482 one year ago, according to the Maine Real Estate Information System Inc. The median sales price was $149,900. Tina Lucas, president of the Maine Association of Realtors and owner/broker of Lucas Real Estate in Portland, said last month’s lack of snow kept the “hibernation factor” from developing. Low interest rates and increased consumer confidence also helped increase sales in February.
Nationally, home sales rose 9.4% and the median sales price inched up 0.1% to $157,100. In the Northeast, sales were up 5.5%, while the sale price dipped 1.9% to $225,800.
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Learn moreThe Giving Guide helps nonprofits have the opportunity to showcase and differentiate their organizations so that businesses better understand how they can contribute to a nonprofit’s mission and work.
Work for ME is a workforce development tool to help Maine’s employers target Maine’s emerging workforce. Work for ME highlights each industry, its impact on Maine’s economy, the jobs available to entry-level workers, the training and education needed to get a career started.
Few people are adequately prepared for all the tasks involved in planning and providing care for aging family members. SeniorSmart provides an essential road map for navigating the process. This resource guide explores the myriad of care options and offers essential information on topics ranging from self-care to legal and financial preparedness.
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