Maine Single Family Home Sales Up 6.5%; Prices Increase 4.94%
According to the Maine Association of Realtord Press Release, Maine Lisitngs announces gains in March 2015 in both sales and prices for single family homes. Maine Listings reported a 6.5 percent increase in sales over the past 12 months. Median sales prices for those homes increase 4.94 percent to $170,000. Median sales prices indicated that half the homes were sold for more and half sold for less.
Marie Flaherty, 2015 President of the Maine Association of Realtors, said, "The new statistics provide further validation that we are in a stable market currently. Historically, healthy market price appreciation has been appriximately four percent a year, which we are experiencing now."
For the complete story go to the Maine Association of Realtors website: www.mainerealtors.com