Maine Homes Sales Up 11.71 Percent

In a press release by Maine Listings, single family home sales increased 11.71 percent in 2016 with a reported 17,507 homes sold. The statewide median sale price of $189,400 represents an increase of 4.93 percent.

Although interest rates have inched upward, they are still favorable to buyers of single family homes. It is a great time to buy and if you are a seller a great time to sell because of the low housing inventory for buyers to choose from.

A strong 2016 gives tremendous momentum going into 2017.

Create Free Account or
Choose Your Agent (optional)
By using our site, users agree
to the terms and privacy policy
Equal Housing Opportunity Realtor MLS
or