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Maine Home Sales Post Double Digit Gain in March
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You're Now Reading:
Maine Home Sales Post Double Digit Gain in March
The Easy Way to Shop For a Mortgage Loan
Fill Out One Questionnare
Receive Multiple Offers. Save Money.
The Easy Way to Shop For a Mortgage Loan
Fill Out One Questionnare
Receive Multiple Offers. Save Money.
You're Now Reading:
Maine Home Sales Post Double Digit Gain in March
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May 4, 2012 (Shirley Allen)

Monthly sales of existing single-family homes and condominiums continued to climb in Maine during March and were higher year-over-year for the ninth consecutive month according to the latest housing data from the Maine Association of Realtors® (MAR).

An estimated total of 731 existing single-family homes and condos were sold in the Pine Tree State in March. That was 17.1 percent higher than the 624 homes sold in February and 13.2 percent higher than the 646 homes sold in March 2011. It was ninth consecutive month that home sales have improved year-over-year.

The average sales price for an existing home in Maine increased by 7.4 percent in March to $160,000, up from $149,900 in February and was 0.2 percent higher than the median price of $159,700 in March of last year.

Of the 16 counties that provide data for the monthly report, twelve of the counties reported gains in home sales in latest rolling quarter with Lincoln (+53.7%), Washington (+50.0%), Aroostook (+47.7%), Somerset (+28.3%), and Androscoggin (+26.2%) reporting the largest increases.

Piscataquis (-26.2%), Franklin (-9.8%), Waldo (-3.9%) and Knox (-2.99%) posted the only declines in annual sales.

Cumberland County recorded the most sales during the latest rolling quarter with an estimated 480 home sales, up from 475 the previous month, while York County followed with an estimated 338 home sales, up slightly from 336 in February.

Year-over-year, six counties posted an increase in their average prices led by Aroostook (+16.2%), Waldo (+15.8%), Androscoggin (+9.1%), Kennebec (+4.9%), and Penobscot (+2.8%).

Franklin (-33.6%), Washington (-32.9%), Piscataquis (-21.1%), Knox (-15.8%), and Oxford (-15.1%) posted the largest declines in year-over-year average home prices.

Tags: existing homes, condos, sales, median home prices, Maine

Source:
MAR

FILL OUT THE FORM
It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
WE VERIFY & TRANSMIT TO LENDERS
Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
CHOOSE YOUR LENDER
Congratulations! With the great learning tools we provide for you at MortgageLoanRateUpdate and the offers you have received, you've found the right product and the best rate.
HOW
MORTGAGELOANRATEUPDATE
WORKS
Whether you're looking to refinance your current loan, purchasing a new home or looking for a home equity loan, we make it easy at Mortgageloanrateupdate. Our questionnaire is simple and quick to use and your information is safely transmitted to us with SSL encryption. With just two minutes of your time, you could have multiple lenders competing for your business which could save you thousands.
ADVANTAGES OF USING
MORTGAGELOANRATEUPDATE
FAST & EASY. DATA ENCRYPTED
Applying to multiple lenders is fast and easy with our one simple questionnaire. Choose the product you’re looking for, take a few moments to answer a few questions and you’re on your way to saving.
NO OBLIGATION. NO HIDDEN FEES
Any of the services on our website are 100% free, there is no obligation to use our services or any hidden fees. We’re not loan brokers so we don’t charge broker fees like other websites.
NO SSN OR CREDIT CHECK
No SSN or credit check is necessary to use our services. We bring lenders to you so they can compete for your business and you save. That information only becomes necessary after you choose a lender.
Home Buying
Tips
Home Selling
Tips
About
Mortgages
Mortgage
Calculator
Mortgage
Rates

May 4, 2012 (Shirley Allen)

Monthly sales of existing single-family homes and condominiums continued to climb in Maine during March and were higher year-over-year for the ninth consecutive month according to the latest housing data from the Maine Association of Realtors® (MAR).

An estimated total of 731 existing single-family homes and condos were sold in the Pine Tree State in March. That was 17.1 percent higher than the 624 homes sold in February and 13.2 percent higher than the 646 homes sold in March 2011. It was ninth consecutive month that home sales have improved year-over-year.

The average sales price for an existing home in Maine increased by 7.4 percent in March to $160,000, up from $149,900 in February and was 0.2 percent higher than the median price of $159,700 in March of last year.

Of the 16 counties that provide data for the monthly report, twelve of the counties reported gains in home sales in latest rolling quarter with Lincoln (+53.7%), Washington (+50.0%), Aroostook (+47.7%), Somerset (+28.3%), and Androscoggin (+26.2%) reporting the largest increases.

Piscataquis (-26.2%), Franklin (-9.8%), Waldo (-3.9%) and Knox (-2.99%) posted the only declines in annual sales.

Cumberland County recorded the most sales during the latest rolling quarter with an estimated 480 home sales, up from 475 the previous month, while York County followed with an estimated 338 home sales, up slightly from 336 in February.

Year-over-year, six counties posted an increase in their average prices led by Aroostook (+16.2%), Waldo (+15.8%), Androscoggin (+9.1%), Kennebec (+4.9%), and Penobscot (+2.8%).

Franklin (-33.6%), Washington (-32.9%), Piscataquis (-21.1%), Knox (-15.8%), and Oxford (-15.1%) posted the largest declines in year-over-year average home prices.

Tags: existing homes, condos, sales, median home prices, Maine

Source:
MAR

FILL OUT THE FORM
It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
WE VERIFY & TRANSMIT TO LENDERS
Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
CHOOSE YOUR LENDER
Congratulations! With the great learning tools we provide for you at LoanRateUpdate and the offers you have received, you've found the right product and the best rate.
HOW
MORTGAGELOANRATEUPDATE
WORKS
Whether you're looking to refinance your current loan, purchasing a new home or looking for a home equity loan, we make it easy at MortgageLoanRateUpdate. Our questionnaire is simple and quick to use and your information is safely transmitted to us with SSL encryption. With just two minutes of your time, you could have multiple lenders competing for your business which could save you thousands.
ADVANTAGES OF USING
MORTGAGELOANRATEUPDATE
FAST & EASY. DATA ENCRYPTED
Applying to multiple lenders is fast and easy with our one simple questionnaire. Choose the product you’re looking for, take a few moments to answer a few questions and you’re on your way to saving.
NO OBLIGATION. NO HIDDEN FEES
Any of the services on our website are 100% free, there is no obligation to use our services or any hidden fees. We’re not loan brokers so we don’t charge broker fees like other websites.
NO SSN OR CREDIT CHECK
No SSN or credit check is necessary to use our services. We bring lenders to you so they can compete for your business and you save. That information only becomes necessary after you choose a lender.

May 4, 2012 (Shirley Allen)

Monthly sales of existing single-family homes and condominiums continued to climb in Maine during March and were higher year-over-year for the ninth consecutive month according to the latest housing data from the Maine Association of Realtors® (MAR).

An estimated total of 731 existing single-family homes and condos were sold in the Pine Tree State in March. That was 17.1 percent higher than the 624 homes sold in February and 13.2 percent higher than the 646 homes sold in March 2011. It was ninth consecutive month that home sales have improved year-over-year.

The average sales price for an existing home in Maine increased by 7.4 percent in March to $160,000, up from $149,900 in February and was 0.2 percent higher than the median price of $159,700 in March of last year.

Of the 16 counties that provide data for the monthly report, twelve of the counties reported gains in home sales in latest rolling quarter with Lincoln (+53.7%), Washington (+50.0%), Aroostook (+47.7%), Somerset (+28.3%), and Androscoggin (+26.2%) reporting the largest increases.

Piscataquis (-26.2%), Franklin (-9.8%), Waldo (-3.9%) and Knox (-2.99%) posted the only declines in annual sales.

Cumberland County recorded the most sales during the latest rolling quarter with an estimated 480 home sales, up from 475 the previous month, while York County followed with an estimated 338 home sales, up slightly from 336 in February.

Year-over-year, six counties posted an increase in their average prices led by Aroostook (+16.2%), Waldo (+15.8%), Androscoggin (+9.1%), Kennebec (+4.9%), and Penobscot (+2.8%).

Franklin (-33.6%), Washington (-32.9%), Piscataquis (-21.1%), Knox (-15.8%), and Oxford (-15.1%) posted the largest declines in year-over-year average home prices.

Tags: existing homes, condos, sales, median home prices, Maine

Source:
MAR

Home Buying Tips
Home Selling Tips
About
Mortgages
HOW
MORTGAGELOANRATEUPDATE
WORKS
FILL OUT THE FORM
It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
WE VERIFY & TRANSMIT TO LENDERS
Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
CHOOSE YOUR LENDER
Congratulations! With the great learning tools we provide for you at MortgageLoanRateUpdate and the offers you have received, you've found the right product and the best rate.
ADVANTAGES OF USING
MORTGAGELOANRATEUPDATE
FAST & EASY. DATA ENCRYPTED
Applying to multiple lenders is fast and easy with our one simple questionnaire. Choose the product you’re looking for, take a few moments to answer a few questions and you’re on your way to saving.
NO OBLIGATION. NO HIDDEN FEES
Any of the services on our website are 100% free, there is no obligation to use our services or any hidden fees. We’re not loan brokers so we don’t charge broker fees like other websites.
NO SSN OR CREDIT
CHECK
No SSN or credit check is necessary to use our services. We bring lenders to you so they can compete for your business and you save. That information only becomes necessary after you choose a lender.