Maine Housing Report – October 2018

MAINE HOME SALES DIPPED 5.14 PERCENT LAST MONTH; VALUES CONTINUE TO RISE

October 19, 2018

AUGUSTA (Oct.19, 2018)— REALTORS® across Maine report healthy long-term activity in most markets, despite a dip in sales during September. According to Maine Listings, sales of single-family existing homes eased 5.14 percent comparing September 2018 to September 2017. The value of those homes, tracked statistically by the Median Sales Price (MSP), indicates a rise in home values of 3.75 percent to an MSP of $215,000. The MSP indicates that half of the homes were sold for more and half sold for less.

MaineHousingReport-September2018.pdf