SOUTH PORTLAND (October 19,2012)-Real estate statistics continue a positive climb across the state of Maine.
According to the Maine Real Estate Information System, Inc. (MREIS), sales of single-family existing homes increased 8.48 percent in September 2012, compared to the same month one year ago.
The median sales price (MSP) for those homes rose 6.92 percent to $170,000 in that same time period. The MSP indicates that half of the homes were sold for more and half sold for less.
The National Association of Realtors reports a nationwide sales increase of 10.8 percent while the national MSP rose 11.4 percent to $184,300.
Regionally, sales are up 7.3 percent in the Northeast; the regional MSP increased 4.1 percent to $238,700.