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Maine real estate prices soared in 2021, sales ticked up

The association says sales went up a little more than 2%.
From 2020 to 2021, the number of homes sold in Maine dipped while the median sales price rose
From 2020 to 2021, the number of homes sold in Maine dipped while the median sales price rose(WABI)
Published: Jan. 21, 2022 at 9:56 AM EST
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PORTLAND, Maine (AP) - Maine home prices increased by more than a sixth in 2021 while the volume of sales also increased slightly.

Single-family existing homes rose to a median sales price of $299,000 last year, the Maine Association of Realtors said Thursday.

The association says sales went up a little more than 2%.

Realtor association president Madeleine Hill called last year “a record-breaking year for residential real estate in Maine.”

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