Sales of single-family homes in Maine have risen by double-digits since this time last year. Statistics shared by Maine Listings report 853 properties changing ownership in January 2025, an increase of 13.28 percent over January 2024. The median sales price increased 9.07 percent over the same period, reaching $385,000. The MSP indicates that half of… Read more »
Posts Tagged: Waterfront Homes
December 2024 Market Update
Statewide sales continue to rise, pushing real estate in Maine towards a more balanced market. Statistics shared by Maine Listings report an increase of 6.81 percent for single-family existing homes, comparing November 2024 to November of last year. The median sales price (MSP) jumped 8.45 percent, reaching $385,000. The MSP indicates that half of the… Read more »
November 2024 Market Update
Statewide inventory of single-family homes continues to fall short of buyer demand. Statistics released by Maine Listings report a 3.21 percent increase in sales for October 2024 compared to October 2023, with a total of 1,481 homes changing ownership. Statewide median sales price (MSP) increased 5.05 percent since this time last year, reaching $395,000. The… Read more »
September 2024 Market Update
Real estate sales remain steady, though the number of buyers continues to outpace for-sale inventory. Statistics shared by Maine Listings indicate a 1.66 percent increase for single-family homes sold in August 2024 compared to August 2023. The median sales price (MSP) reached $400,000 in August – a surge of 7.53 percent compared to this time… Read more »
THE WAY YOU BUY AND SELL REAL ESTATE IS ABOUT TO CHANGE
As a result of the March 2024 agreement by the National Association of Realtors to settle one of several class action lawsuits brought against them and a variety of large national real estate firms and Multiple Listing Services, things in real estate are about to change in a big way. August 17, 2024 is the… Read more »
