Maine Housing Report - February 21, 2018

Maine Home Values Up 5.26 Percent in January

February 21, 2018

AUGUSTA (Feb. 21, 2018)— Realtors across Maine report steady activity in most markets. According to Maine Listings, sales of single-family existing homes increased 0.21 percent comparing January 2018 to January 2017. The value of those homes, tracked statistically by the Median Sales Price (MSP), indicates a jump in home values of 5.26 percent to an MSP of $200,000 during that same time period. The MSP indicates that half of the homes were sold for more and half sold for less.