SOUTH PORTLAND (AP) — Sales of single-family homes are going up in Maine.
The Maine Association of Realtors says real estate agents last month sold 945 existing homes in Maine, a nearly 25 percent jump from October 2011. The median sales price of those homes came in at $170,500, up from $165,000 a year earlier.
The association says that sales of existing homes nationwide rose about 10 percent for the month.
For the three-month period from August through October, the number of homes sold in Maine increased by 16 percent over the same period last year.
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