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 .
Maine home sales up 36% in April
The state s housing market remains hot as more buyers seek out single-family homes for purchase.
By Staff Report
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Maine home sales increased by nearly 36 percent in April from a year earlier, while the median sales price shot up more than 17 percent.
Sales of existing single-family homes were up 35.7 percent in April compared with a year earlier, and the median sales price increased by 17.1 percent to $276,000, Maine Listings reported Friday. The median indicates that half of homes sold for more money and half sold for less.
“Maine’s residential real estate market continues to be fast-paced,” said Aaron Bolster, broker/owner of Allied Realty in Skowhegan and president of the Maine Association of Realtors. “The April 2021 statistics … reflect a comparison to one year ago, when the state of Maine was in COVID-shutdown status. Last month’s sales volume was strong – 13 percent above the pre-pandemic April 2019 figures.”
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Knox County home sales, prices continue to skyrocket
By Stephen Betts | May 21, 2021
Source: Maine Association of Realtors
The boom cycle of the residential real estate market continues on a torrid trajectory, according to figures released Friday by the Maine Association of Realtors.
For the period Feb. 1 through April 30, there were 146 single-family homes in Knox County that sold. That represents a 36% increase from the 107 homes sold during the same months in 2020.
The median price of those homes sold in 2021 were up 15% from a year ago, reaching a record $285,000.
The median price in Knox County exceeds the median statewide price which was $265,000.
Residents of Massachusetts, New Hampshire, Connecticut, and Pennsylvania are snapping up Maine homes Author: Jackie Mundry (NEWS CENTER Maine) Published: 6:55 PM EDT May 18, 2021 Updated: 7:49 PM EDT May 18, 2021
MAINE, USA According to Maine Biz, the vast majority of out-of-state homebuyers move to Maine from Massachusetts. Industry experts say many of them aren t looking to live here full time, but instead looking for second homes. It allowed them to still be able to vacation with their family in a driving distance, especially during the pandemic where you had travel bans and quarantine restrictions on top of that, Kelly Cohen of Cohen Title said.
Tiny living is on the rise and could become a solution for Mainers to achieving affordable housing Author: Hannah Yechivi (NEWS CENTER Maine) Published: 8:19 PM EDT May 9, 2021 Updated: 8:19 PM EDT May 9, 2021
MAINE, Maine Tiny houses are becoming more popular throughout the country.
Now, Maine lawmakers are discussing a proposed bill that would regulate tiny homes, making it easier for more Mainers to transition to tiny living throughout the state.
Robbie and Rebecca Thibodeau have been spending their weekends for the past two years building their very own tiny home from the ground up. The couple decided it was time to downsize and live more sustainably.