Home sales and prices both recorded positive year on year figures for August according to the latest market data for Maine.

Whilst sales of homes showed a modest increase of 1.31% when compared to the same month in 2019, values were up a whooping 17.39%.

The median sales price (MSP) for August stood at $270,000.  MSP indicates half sold for less and half sold for more.

It is a steep reverse in the situation seen in the second quarter of the year which experienced the worst ravages of the pandemic to date.  Industry watchers point to the on-going under supply of inventory and continued demand for homes as the main driver behind the buoyant market.

The figures are contained in the latest release by Maine Listings.

Maine real estate numbers county by county.