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Maine Sees Higher Home Sales in June
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You're Now Reading:
Maine Sees Higher Home Sales in June
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 Sees Higher Home Sales in June
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August 16, 2012 (Shirley Allen)

Monthly sales of existing single-family homes moved higher in Maine from May to June and were higher year-over-year for the 12th consecutive month according to the latest housing data from the Maine Association of Realtors® (MAR).

An estimated total of 1,247 existing single-family homes were sold in the Pine Tree State in June. That was 20.5 percent higher than the 1,035 homes sold in May and 26.6 percent higher than the 985 homes sold in June 2011. It was 12th consecutive month that home sales have improved year-over-year.

The median sales price for an existing home in Maine fell by 1.4 percent in June to $175,500, down from $178,000 in May but was still 1.7 percent higher than the median price of $172,600 in June of last year.

Of the 16 counties that provide data for the monthly report, fourteen reported an increase in home sales in latest rolling quarter with Washington (+433.3%), Lincoln (+67.3%), Hancock (+32.0%), Cumberland (+27.1%), and Sagadahoc (+26.4%) reporting the largest increases.

Franklin (-7.4%) and Piscataquis (-2.7%) posted the only declines in annual sales.

Cumberland County recorded the most sales during the latest rolling quarter with an estimated 878 home sales, up from 716 the previous month, while York County followed with an estimated 535 home sales, up from 468 in May.

Year-over-year, eleven counties posted an increase in their median prices led by Washington (+22.2%), Waldo (+20.0%), Hancock (+14.1%), Franklin (+12.4%), and Knox (+11.5%).

Aroostook (-4.6%), Androscoggin (-3.7%), Kennebec (-3.7%), Oxford (-2.0%), and Cumberland (-1.3%) posted the largest declines in year-over-year average home prices.

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

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
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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
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Tips
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Calculator
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Rates

August 16, 2012 (Shirley Allen)

Monthly sales of existing single-family homes moved higher in Maine from May to June and were higher year-over-year for the 12th consecutive month according to the latest housing data from the Maine Association of Realtors® (MAR).

An estimated total of 1,247 existing single-family homes were sold in the Pine Tree State in June. That was 20.5 percent higher than the 1,035 homes sold in May and 26.6 percent higher than the 985 homes sold in June 2011. It was 12th consecutive month that home sales have improved year-over-year.

The median sales price for an existing home in Maine fell by 1.4 percent in June to $175,500, down from $178,000 in May but was still 1.7 percent higher than the median price of $172,600 in June of last year.

Of the 16 counties that provide data for the monthly report, fourteen reported an increase in home sales in latest rolling quarter with Washington (+433.3%), Lincoln (+67.3%), Hancock (+32.0%), Cumberland (+27.1%), and Sagadahoc (+26.4%) reporting the largest increases.

Franklin (-7.4%) and Piscataquis (-2.7%) posted the only declines in annual sales.

Cumberland County recorded the most sales during the latest rolling quarter with an estimated 878 home sales, up from 716 the previous month, while York County followed with an estimated 535 home sales, up from 468 in May.

Year-over-year, eleven counties posted an increase in their median prices led by Washington (+22.2%), Waldo (+20.0%), Hancock (+14.1%), Franklin (+12.4%), and Knox (+11.5%).

Aroostook (-4.6%), Androscoggin (-3.7%), Kennebec (-3.7%), Oxford (-2.0%), and Cumberland (-1.3%) posted the largest declines in year-over-year average home prices.

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

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.

August 16, 2012 (Shirley Allen)

Monthly sales of existing single-family homes moved higher in Maine from May to June and were higher year-over-year for the 12th consecutive month according to the latest housing data from the Maine Association of Realtors® (MAR).

An estimated total of 1,247 existing single-family homes were sold in the Pine Tree State in June. That was 20.5 percent higher than the 1,035 homes sold in May and 26.6 percent higher than the 985 homes sold in June 2011. It was 12th consecutive month that home sales have improved year-over-year.

The median sales price for an existing home in Maine fell by 1.4 percent in June to $175,500, down from $178,000 in May but was still 1.7 percent higher than the median price of $172,600 in June of last year.

Of the 16 counties that provide data for the monthly report, fourteen reported an increase in home sales in latest rolling quarter with Washington (+433.3%), Lincoln (+67.3%), Hancock (+32.0%), Cumberland (+27.1%), and Sagadahoc (+26.4%) reporting the largest increases.

Franklin (-7.4%) and Piscataquis (-2.7%) posted the only declines in annual sales.

Cumberland County recorded the most sales during the latest rolling quarter with an estimated 878 home sales, up from 716 the previous month, while York County followed with an estimated 535 home sales, up from 468 in May.

Year-over-year, eleven counties posted an increase in their median prices led by Washington (+22.2%), Waldo (+20.0%), Hancock (+14.1%), Franklin (+12.4%), and Knox (+11.5%).

Aroostook (-4.6%), Androscoggin (-3.7%), Kennebec (-3.7%), Oxford (-2.0%), and Cumberland (-1.3%) posted the largest declines in year-over-year average home prices.

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

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.