May 24—Single-family home sales continued on a meteoric rise in April compared with the same month last year, rising close to 36 percent, according to data released Monday by the Maine Association of Realtors. The statewide median sales price was up 17 percent to $276,000. That price indicates that half of the homes were sold for more and half sold for less. While the comparison is to last .
RE/MAX National Housing Report for April 2021
Homes Sell at Record Speed as Median Price Reaches All-Time High
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DENVER, May 17, 2021 /PRNewswire/ On average, April home sales took just 32 days from listing to going under contract, while the Median Sales Price rose to $320,000 – both new records in the 13-year history of the report. These stats, and other key indicators, including a report record April for sales, signal a potentially torrid market going into the traditional peak sales months of May through August.
April home sales in the report s 53 metro areas were up 5.3% over March, slightly topping the five-year March-to-April average gain of 5.0% from 2015-2019. In contrast, home sales in 2020 dropped 13.7% from March to April as pandemic-related stay-at-home orders were in effect in many states.
RE/MAX National Housing Report for March 2021 yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.
RE/MAX National Housing Report for February 2021
Prices Rise, Inventory Falls but Sales Stay High as Spring Approaches
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DENVER, March 17, 2021 /PRNewswire/ The median home price reached $291,000 in February – the highest in the 13-year history of the report – while sales set a new high for the month and inventory continued to drop to record lows.
The record February home sales were up 5.7% year over year, but the increase over January was flat at 0.3%. The February-over-January average for the previous five years has been 5.4% in the ramp-up toward the seasonally higher sales of spring.
New home sales surged again in January, according to government data Wednesday which showed the US housing market boom continues, making it one of a few sectors that have strengthened amid the pandemic.