Category Archives: Real Estate Market Statistics

Real Estate Market Statistics for July 2022

July in Maine was hot, but was the real estate market? While inventory is up slightly vs the same month in the prior year, pending home sales are down drastically. It will be interesting to see how days on market and overall sales change as we ease into fall. Feel free to reach out with…

Real Estate Market Statistics for June 2022

The housing market in Maine is beginning to feel the effects of rising interest rates. Sales of single-family existing homes declined 9.8% percent in the month of June. The statewide median sales price (MSP) reached $360,825 – an increase of 16.4 percent compared to June 2021. The MSP indicates that half of the homes were…