SALES DOWN AND VALUES UP IN AUGUST:
In a press release to the media today, Maine home sales decreased -18.77% comparing August 2023 to August 2022. The median sales price (MSP) was $372,000, a 9.41% increase in that same time period.
NAR reports that existing home sales were down, and median sales prices were up nationally and in the northeast comparing August 2023 to August 2022
Source: Maine Real Estate Information System, Inc. (d/b/a Maine Listings).
To read the full press release:
https://www.mainerealtors.com/wp-content/uploads/2023/09/MaineHousingReport-August23.pdf