The Maine Association of REALTORS reports property home sales rose eight percent in September.Up from 899 a year ago to 967 homes, and increases in land, small business sales are not reflected in this figure.
Good news on the housing front like Maine enjoys is needed to dilute the steady stream of negative reports by the national media.
And some real estate professionals themselves in area where the news of home sales is not as rosy.
The days of one size fits all in most anything in this country is true when asked "how is the real estate market in Maine?"
In the past conversations about local real estate markets were circulated locally but not picked up by a large national or world wide market.
All that has changed with the advent of the Internet.Where your indoor voice is traded for your outdoor, recess shout that can been heard by many far far from your local real estate market.
The median sale prices for Maine homes as a state are down to $159,900, a statewide drop of $10,000 on the average after review of the MLS numbers. There are 4200 members of the Maine State REALTORS group but these averages, the sales reports do not include transaction of homes sold by real estate agents, brokers not a member of MAR. The average price of a Northern Maine home hovers around $60,000, a $100,000 lower than the state average, of the rest of the state's fifteen counties.
Maine home sales for the three month period from July to September in Vacationland have gone up 15 percent over last year the numbers reveal.