Posts Tagged: Home Buying Process

September 2019 Real Estate Market Report

Statewide August real estate sales indicate that 2019 is on track to earn a spot among record years for single-family Maine home sales. Statistics released today by the Maine Association of Realtors show a 3.19 percent rise in sales compared to August 2018. Prices are also rising; the statewide median sales price (MSP) increased 4.55… Read more »

August 2019 Real Estate Market Update

Sales of single-family existing homes in Maine remain stable and positive. Maine Listings today reported a 0.16 percent rise in sales comparing July 2019 to July 2018. The median sales price for the 1,866 homes sold in July reached $230,000, an increase of 2.22 percent compared to July 2018. The MSP indicates that half of… Read more »

July 2019 Real Estate Market Report

2019 YEAR-TO-DATE MARKET AND SALES UPDATE * Sales of single-family existing homes in Maine eased 7.18 percent comparing June 2019 to June 2018, according to Maine Listings. Values, however, increased 5.09 percent over that same time period to a median sales price (MSP) of $239,085. The MSP indicates that half of the homes were sold… Read more »

June 2019 Market and Sales Update

The single-family existing home market in Maine remains healthy as the summer sales season is in full swing. According to Maine Listings, Realtors reported selling 6.32 percent more homes in May 2019 compared to May 2018. The Median Sales Price for the state also jumped 4.59 percent to $230,000. The MSP indicates that half of… Read more »

May 2019 Real Estate Market Update

Maine Realtors report strong sales and rising home prices for April 2019. Maine Listings released statistics today indicating a 4.8 percent increase in sales of single-family existing homes (compared to April 2018). The median sales price rose 5.0 percent to $210,000. The MSP indicates that half of the homes were sold for more and half… Read more »

2019 Year-to-Date Market and Sales Update

Mirroring national statistics, sales of Maine’s existing single-family homes dipped in March. According to the Maine Association of Realtors, Realtors reported a 3.11 percent decline in sales last month with 1,120 homes changing hands—36 fewer than March of 2018. The median sales price for homes sold in March 2019 eased 0.94 percent to $210,000, down… Read more »

October 2018 Market and Sales Report

Realtors across Maine report healthy long-term activity in most markets, despite a dip in sales during September. According to Maine Listings, sales of single-family existing homes eased 5.14 percent comparing September 2018 to September 2017. The value of those homes, tracked statistically by the Median Sales Price (MSP), indicates a rise in home values of… Read more »

September 2018 Market and Sales Update

Strong sales continue in Maine’s single-family existing home market. According to Maine Listings, REALTORS sold 2,072 homes in August, equaling a 5.88 percent sales increase compared to August 2017. The median sales price (MSP) for those homes increased 6.80 percent to $220,000. The MSP indicates that half of the homes were sold for more and… Read more »

August 2018 Market and Sales Update

Maine experienced solid gains in both sales prices and sales volume for single-family home sales during the month of July. Maine Listings reported that 1,864 homes changes hands last month—an increase of 9.65 percent from the same period last year—and the median sales price jumped 9.22 percent to $225,000. The MSP indicates that half of… Read more »

Six Things You Don’t Want To Say When Selling

You know that expression about loose lips sinking ships? It holds true for selling your home as well. Sure, there are some things you have to disclose to buyers—such as if your home has lead paint or is located in a flood zone. But there’s plenty more you might feel like saying when you would be truly better off… Read more »