Home Sales Up By 8.6 Per Cent in January

PORTLAND, Me: Maine real estate home sales continued to climb in January, fueled by second-home buyers and those not deterred by the weather. Maine Listings released monthly statistics show that sales of Maine’s single-family existing homes jumped 8.60 percent last month. The median sales price (MSP) for those sales dipped 3.9 percent to $160,000. The MSP indicates that half of the homes were sold for more and half sold for less.

The National Association of Realtors reported a nationwide sales increase of 3.9 percent in January, while prices rose 6.3 percent to a national MSP of $199,800. Regionally, sales in the Northeast were up 3.3 percent and the regional MSP increased 2.7 percent to $247,800.

Click here for local market data

Leave a Reply

You must be logged in to post a comment.