Maine real estate SF home prices rise in February
Posted on March 27, 2007
Maine real estate single family home prices on average were up close to 5% in February2007 over 2006 according to MAR statistics compiled from the MREIS.
The statewide median existing home sales price reached $193,950 compared to $185,000 a year prior. A total of 698 homes changed hands during the month, down a slight 1.13 percent.
Whilst national home sale prices fell by more than 3% on average. The increase in prices can perhaps be attributed to the seasonal spring buying population as well as the ever increasing migration North by retirees and parties looking to escape the hustle and bustle of other parts of the state.
Whilst national home sale prices fell by more than 3% on average. The increase in prices can perhaps be attributed to the seasonal spring buying population as well as the ever increasing migration North by retirees and parties looking to escape the hustle and bustle of other parts of the state.
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