Maine Association of Realtors Housing Stats for January

The Maine Association of Realtors recently released their housing statistics for the month of Januray.  Here they are:

In a report to the Maine media today, MREIS reports that both unit sales and the median sales price decreased — 27 fewer homes sold statewide this January when compared to the same month one year ago, indicating a 3.78% dip.  The median sales price for those homes decreased to $189,200, 2.97% lower than last January’s median sales price of $195,000. Half of Maine’s 16 counties experienced stable or increased sales prices during the rolling three-month quarter of November, December and January combined.  The median sales price indicates that half of the homes were sold for more and half sold for less.  NAR reports a 4.2% decrease in national existing home sales last month.  The national median sales price also decreased 3.5% in a 12-month period to $209,200.  In the Northeast, the existing-home sales market witnessed a regional sales increase of 5.9% this January.  The median sales price dropped 1.2% to $260,700.