According to the Maine Association of Realtors, October Press Release prices are up 3.13% from last September with sales easing 8.56%. Despite the easing up of sales, the price increase shows sales remain strong and home prices may be stabilizing.
Number of Units Sold (September 2021 – September 2022 Statewide)
2021 – 2067
2022 – 1890 (8.56% decrease)
Median Sales Price (September 2021 – September 2022)
2021 – $320,000
2022 – $330,000 (3.13% increase)
For more information on what’s happening in the market or in your specific county, reach out to your Realtor or call us for more information.