" " " Maine's Waterfront Real Estate News: Just the Facts: April Sales Down -- Prices Up.

Monday, May 28, 2007

Just the Facts: April Sales Down -- Prices Up.

The Maine Association of Realtors reports home sales were 12.2% lower in April 2007 than last year. The median sales price for the 921 Maine homes sold in April reached $201,000, an increase of 5.79% from April 2006's median sales price of $190,000. The median sales price indicates that half of the homes were sold for more and half for less. Nationwide, April's sales were down 11.2% compared to last year. According to the National Association of Realtors, the national median existing single-family home pricers dipped 0.9% to $220,500 in April. In the regional Northeast, sales were down 8.8% and the median existing single-family home price was $283,600, down 0.6%.

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