Home sales up in Maine, median sales price falls

Posted Oct. 21, 2011, at 8:13 a.m.
Last modified Oct. 21, 2011, at 9:37 a.m.

SOUTH PORTLAND, Maine — A real estate group says sales of single-family homes in Maine rose nearly 8 percent in September, while the median sales price fell by 6 percent.

The Maine Association of Realtors says real estate agents last month sold 967 homes, up from 899 in September 2010.

The median sales price of those homes was $159,000, down from $169,900 a year earlier.

For the three-month period from July through September, Maine home sales have gone up nearly 15 percent over last year. Home sales for the period increased in 15 of Maine’s 16 counties, with only Waldo County showing a decline.

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