Comment on Home sales dipped for 3rd month in a row as prices rose

Home sales dipped for 3rd month in a row as prices rose

The BDN is exploring Maine’s housing crisis from every possible angle, from how it affects home prices, to what it means for Mainers across the state. Read our ongoing coverage here and fill out this form to tell us what you want to know. Maine home sales decreased for the third month in a row after reaching a high in January, while prices continued to climb among a sparse for-sale market. The 1,143 single-family units sold showed a decline of 20.9 percent last month compared with April 2021, while the median sales price for an existing single-family home reached $346,000 last month, a 25.36 percent increase compared with the same time last year, according to the Maine Association of Realtors. The number of homes sold from January through April of 2022 is 4.5 percent higher than January through April 2019, which was Maine’s top year for real estate sales before the onset of the pandemic.


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