Good News about Maine's Real Estate market...Sales of single family homes increased in the state of Maine for the fifth consecutive month. Realtors sold 1,247 homes across the state, which is an increase of 39 % since last October. According to the Maine Real Estate Information System, the median sales price dropped 3.51% in the past 12 months to $165,000. 


The National Association of Realtors today reports a nationwide home sales increase of 21.4 percent since October 2008. The national median existing sales price of $173,100 reflects a dip of 6.8 percent. In the regional Northeast, sales rose 27.7 percent. The regional median sales price declined 2.6 percent to $235,400.

This is encouraging news for the Real Estate Market in Maine.  Also, with the extended and enhanced Homebuyer tax credit we anticipate this trend to continue.  For more information regarding the October 2009 Housing report click here.

If you would like more information regarding the Homebuyer tax credit or if you are considering purchasing or selling a home, please send an email or call me @ 207-942-6310 x215.