Maine home prices rise continue to rise
Published: Jun. 23, 2023 at 5:28 PM EDT
BANGOR, Maine (WABI) - Home prices continue to rise in Maine, but sales are down.
According to Maine Listings, prices for a single-family home in the state increased about 6.5% in May compared to the same time last year.
The median sales price is now up to $373,000.
In May, realtors in Maine reported a sales decline of about 20% compared to a year ago.
Nationally, home sales were also down 20% last month.
Copyright 2023 WABI. All rights reserved.
/cloudfront-us-east-1.images.arcpublishing.com/gray/MJNTWJTHAZBSDFOIS2QJXL2VGY.jpg)
/cloudfront-us-east-1.images.arcpublishing.com/gray/7TXGYY6MVVBRZN5YLRB34G44BA.PNG)
/cloudfront-us-east-1.images.arcpublishing.com/gray/7P6DWEZIF5EI3LILXJ5BFXVIJ4.jpg)
/cloudfront-us-east-1.images.arcpublishing.com/gray/VEHGMX4JFVBOHGGJKRRCRD5XJM.png)
/cloudfront-us-east-1.images.arcpublishing.com/gray/XMSJ5AH4VBD5LFN2HKFCONZXHM.png)
/cloudfront-us-east-1.images.arcpublishing.com/gray/WPZMFITDABHCXCPXW2GXSA367E.png)
/cloudfront-us-east-1.images.arcpublishing.com/gray/AFO42RQLPRAR7DN3LVGS7JRUKY.png)
/cloudfront-us-east-1.images.arcpublishing.com/gray/5L4OQCWNPJHN5GAVDAXD7B3BHM.png)
/cloudfront-us-east-1.images.arcpublishing.com/gray/5OLZSATFAFESRHNC7XZM5BS3PY.jpg)
/do0bihdskp9dy.cloudfront.net/10-03-2023/t_cabdff2b30104e679cab6e010f159127_name_First_Alert_Weather.jpg)