Maine Housing Report - December 2016

Maine Home Sales Up 11.71 Percent in 2016; Prices Increased 4.93 Percent

January 24, 2017

AUGUSTA (Jan. 24, 2017)— A strong confidence in the economy has fueled sales of single-family existing homes across the state of Maine. According to Maine Listings, 17,507 homes closed across Maine’s 16-counties during the 12 months of 2016. The yearly statewide median sales price (MSP) of $189,400 represents a 4.93 percent jump. The MSP indicates that half of the homes were sold for more and half sold for less. Statewide sales for the month of December 2016 were up 11.06 percent while the statewide MSP increased 4.08 percent to $185,000 compared to December 2015.  Click here for the full report and printable pdf.