Home Sales and Values Up in June

House with dollars on white

Portland, ME –¬†Home values and the pace of home sales were up year on year in Maine last month according to the latest report from Maine Listings.

Realtors across the state reported 1,960 existing single family home sales in the month of June up by 9.62% over the same month last year. The median sales price (MSP) for those properties was also up by 5.49% to stand at $198,000. The MSP indicates that half of the homes were sold for more and half for less.

The National Association of Realtors (NAR) today announced a 3.1% increase in sales nationwide in June; the national MSP of $249,800 represents a 5.0 price jump over the past 12 months. Regionally, the Northeast experienced a 5.6 increase in sales and a 1.4 percent rise in prices, to equal a regional MSP of $284,800.

Click here for county-by-county statistics

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