Maine Home Prices Are Up From Last Year!

According to the Maine Association of Realtors, Maine home prices are up 5.33% for the quarter from June 1st - August 31 over the same timeframe in 2015.  The median sale price for the quarter this year was $197,500 up from $187,500 in 2015. Not only are prices up, but the number of properties sold us also up by 6%.  5510 units had sold in Maine by the end of August this year. 

The numbers vary from area to area.  Here are the median sale prices for some of the counties we serve...

Androscoggin County
   $150.000 up 6.38% from 2015      

Cumberland County
$280,000 up 9.8% from 2015    

Kennebec County
$152,000 up 1.4% from 2015    

Oxford County
$151,000 up 4.86% from 2015    

Sagadahoc County
$210,000 up 9.35% from 2015    

York County
$245,000 up 6.52% from 2015

Do you want to know what home prices are doing in your area or Maine? 

Give us a call at (207)784-3800 or (207)289-3830 and we would be happy to help you out!