Maine Housing Report - June 2018

MAINE REAL ESTATE SALES DIP SLIGHTLY IN MAY; PRICES INCREASE 9.95%

June 20, 2018

AUGUSTA (June 20, 2018)—Sales of Maine’s single-family existing homes decreased 1.38 percent last month, due to limited market inventory. Prices, however, continued to rise; according to Maine Listings, the statewide median sales price (MSP) increased 9.95 percent to $219,900. The MSP indicates that half of the homes were sold for more and half sold for less.