The median home sale price in Maine last month was $399,250 – a 5% increase over July 2023, but a slight dip from the record high of $406,000 reported this June.
Home Prices
Posted inBusiness, Nation & World, News
Average long-term U.S. mortgage rate up to 7.19%
It is another setback for would-be homebuyers navigating an increasingly less affordable housing market.
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Posted inBusiness, News, Uncategorized
Lack of inventory slowed Maine home sales in January
The most recent monthly data show the number of sales fell by double digits compared to a year ago, while prices rose modestly.
Posted inBusiness, News
Maine housing market may be easing for buyers, November numbers show
Prices are still rising, but at a slower pace than during the past two years, and mortgage rates fell slightly last month, according to data released Wednesday.
Posted inBusiness, Local & State, News
Portland housing prices could increase at 2nd-fastest pace in U.S. next year
Home prices aren’t growing at the blazing-fast speeds of the past few years, but in southern Maine they could still increase by double digits in 2023, according to a report by one real estate website.