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October 22, 2012

Home sales up 8%, median sale price rises

Home sales are up from this time last year, according to statewide figures from the Maine Association of Realtors.

According to a press release, Maine home sales are up 8.48% in comparison with September of last year. Sales in Maine for September 2011 were similarly over 2010 by 8%.

The National Association of Realtors has reported a similar rise in home sales across the country, at a 10.8% increase.

While the median sale prices increased in Maine 6.92% to a price of $170,000, the national median increased 11.4% to $184,300.

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MREIS report: County-by-county home sales, median price breakdown

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