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Maine Realtors Releases September Home Statistics

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Yesterday the Maine Association of Realtors released their monthly housing statistics on median home prices and transaction volume for all the counties in Maine.  The statewide median home price clocked in at $169,900, down just under 2% from a year prior whilst transaction volume in September 2010 was off over 20% compared with 2009 figures.

Here is a look at National, Regional and Maine Housing Statistics

State North East USA
Median Prices -1.74% -1.4% -1.9%
Transaction Volume -21.07% -20.8% -19.5%

If you dig into the specific county data, see here… one can see that that the southern ME real estate markets fared much better than average with Cumberland up almost 3% in median pricing and York county up a whopping 21%, go figure!!  Homes in mid coastal Maine also saw improved pricing with median prices up 9% and 10% respectively for Sagadahoc and Lincoln counties.

As rates continue to remain close to 4% the real estate markets, despite being slower than normal, currently offer some great possibilities. Search all homes in Maine for sale here and thanks for reading!

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