8 Months of positive gains in Maine's home sales market
Sunday, February 28, 2010
Continued good news for Maine's housing market! January marks the eighth month of positive gains in Maine’s existing home sales.
According to the Maine Real Estate Information Services (MREIS), the median sales price for a single-family home was up 5.09% since January '09 to $160,000. A total of 484 homes sold in January 2010, up 18.63% from last year.
Penobscot County was up 33.51% in units sold and the median sold price was down 3.31% to an average of $119,000. Waldo County was also up 48.84% in units sold with a median sold price of $147,500. For more information on other counties please visit the Maine Realtor's press release.