increase: Maine Home Sales Up 18.6% in January, Median Price Up 5.1%
- 02/27/10 08:55 AM
The numbers are in for January, 484 existing single family homes were sold by real estate agents, which compares to 408 in January 2009, a gain of 18.63%. The median price of these homes climbed to $160,000 vs. $152,250 in January 2009, a gain of 5.09%. Nationally the increase is only 8.6% for the same period and a slight decrease in median sales price to 163,600. In the Northeast, sales increased 22.4% and the median price reached $245,300, a gain of 8.8 percent. Maine is doing better than the nation, but not as well as the rest of the Northeast. In … (0 comments)
increase: The Numbers - Maine Single Family Existing Home Sales in 2009
- 01/25/10 03:06 PM
So how did we do? Not bad, the number of sales was up 10,486 vs. 9502 in 2008, a 10 percent increase. The median price of these homes fell to 164,000 vs. 180,000 in 2008, a drop of nearly 9 percent. In Cumberland County, the increase in units was just over 9 percent and the median price dropped about 6 percent to 220,000. Nationally the increase in units was 5 percent and median price drop was nearly 12 percent to $173,200. We're selling more homes, and the prices are continuing to fall. The first time home buyer is king and enjoying … (0 comments)
The numbers are in for January, 484 existing single family homes were sold by real estate agents, which compares to 408 in January 2009, a gain of 18.63%. The median price of these homes climbed to $160,000 vs. $152,250 in January 2009, a gain of 5.09%. 
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