Real Estate Market Statistics for May 2024
In May, the median price for a single-family home in Maine hit a record high of $399,000. Currently, it sits at $375,000 year-to-date (YTD), marking an 8.7% increase compared to last year. Throughout 2024, prices have risen steadily, contrasting with the declines seen in the fourth quarter of 2023. Sales volumes vary significantly across different…