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Maine home sales fell in November while prices kept rising

A tightening supply of homes on the market is pushing prices up even as the number of transactions falls.

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Maine home sales fall, prices rise in November

Maine home sales fall, prices rise in November
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Maine home sales fall, prices rise in November

A tightening supply of homes on the market is pushing prices up even as the number of transactions falls.

Kennebec , Maine , United-states , Piscataquis-county , Skowhegan , Hancock-county , Washington , National-association-of-realtors , Aaron-bolster-of-allied-realty-in-skowhegan , Maine-association-of-realtors , Maine-listings

March showed no signs of slowdown for Maine housing market

March showed no signs of slowdown for Maine housing market
Sales prices and the number of homes sold soared across the state in the first three months of the year, which one housing market leader called 'astounding.'
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Maine’s housing market continued its red-hot streak last month, with sales of existing homes and prices showing double-digit increases compared with a year earlier.
Soaring prices and huge numbers of transactions in the first three months of the year in Maine are flipping conventional wisdom on its head, and sales trends as well.
More than 1,300 homes were sold statewide in March, a nearly 17 percent sales bump compared with the year before. The statewide median sales price increased by almost 18 percent compared with a year prior to reach $268,500, the Maine Association of Realtors reported Thursday. The median indicates that half of homes sold for more money and half sold for less.

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Maine's housing market posts more big gains in January - Portland Press Herald

The high demand for homes in Maine continued to build on on a record-setting 2020 for the state's housing market.

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Maine's housing market posts more big gains in January

The high demand for homes in Maine continued to build on on a record-setting 2020 for the state's housing market.

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Maine's housing market broke records in 2020 - Portland Press Herald

Maine’s housing market broke records in 2020, with sales and prices through the roof
Despite the pandemic, the year's home sales outpaced all previous years, and the median price of homes sold rose to a new high of $256,000.
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It took Colin Wagner, a first-time homebuyer, eight months and multiple rejected offers before he finally purchased a house in South Portland. Despite the pandemic, residential real estate sales broke records in Maine during 2020. Gregory Rec/Staff Photographer
If you were trying to buy a home in Maine in 2020, you needed a pile of money, a dash of creativity or a dose of luck.

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Maine's housing market broke records in 2020 - CentralMaine.com

Maine’s housing market broke records in 2020, with sales and prices through the roof
Despite the pandemic, the year's home sales outpaced all previous years, and the median price of homes sold rose to a new high of $256,000.
Share
It took Colin Wagner, a first-time homebuyer, eight months and multiple rejected offers before he finally purchased a house in South Portland. Despite the pandemic, residential real estate sales broke records in Maine during 2020. Gregory Rec/Staff Photographer
If you were trying to buy a home in Maine in 2020, you needed a pile of money, a dash of creativity or a dose of luck.

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