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Home sales, prices continue to trend up in Maine
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Maine home sales up 36% in April
The state s housing market remains hot as more buyers seek out single-family homes for purchase.
By Staff Report
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Maine home sales increased by nearly 36 percent in April from a year earlier, while the median sales price shot up more than 17 percent.
Sales of existing single-family homes were up 35.7 percent in April compared with a year earlier, and the median sales price increased by 17.1 percent to $276,000, Maine Listings reported Friday. The median indicates that half of homes sold for more money and half sold for less.
“Maine’s residential real estate market continues to be fast-paced,” said Aaron Bolster, broker/owner of Allied Realty in Skowhegan and president of the Maine Association of Realtors. “The April 2021 statistics … reflect a comparison to one year ago, when the state of Maine was in COVID-shutdown status. Last month’s sales volume was strong – 13 percent above the pre-pandemic April 2019 figures.”