September Results The reports below includes Maine home sales through September and for the 3rd consecutive month 2019 sales exceed those of the prior year – and have done so in 6 of 9 months so far this year.
Sales volume, however, is very different from town to town. In fact, Cumberland County is only marginally ahead of last year while York County is behind. There has been considerable pressure on higher priced segments, where there are more home available for sale than prospective buyers.
While pricing remains strong in nearly every market, the rate of increase has continued to moderate. Monthly levels, while ahead of last year, have declined slightly in recent months.National & Regional
Across the country, home sales increased 2.9% in August with selling prices up 4.7%. Regionally, single-family home sales in the Northeastern region were up 1.4%, while the regional MSP declined 0.3% last month to $303,500.
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