Maine home sales inch up in August

Posted Sept. 22, 2011, at 3:57 p.m.

SOUTH PORTLAND, Maine — Sales of single-family homes in Maine rose by 15 percent in August from a year earlier, but the median sales price fell by about 3 percent.

The Maine Association of REALTORS says agents last month sold 1,090 homes. That up from 950 in August 2010.

The median sales price was $165,000, down from $169,750.

For the three-month period from June through August, home sales in Maine grew by 2 percent compared to the same period last year. The median sales price fell by about 1.5 percent.

Story continues below advertisement.

Cumberland County had the highest median sales price for the three-month period, at $235,000. Aroostook County had the lowest price, at $80,000.


Recommend this article


Similar Articles

More in Business