Property for sale in Maine
This summer for Maine's estate sales season is full.
Throughout the state there was an increase of 2.54% compared to June 2017.
2018 was a good year for Maine where it is possible to find very interesting properties for sale in Maine and the inventory is moving fast.
The number of sales during the first six months of 2018 is almost 2% higher than in the first six months of 2017.
Maine real estate continues to be a great investment above all if you are looking for property for sale in Maine.
Maine, the most northerly state in the United States, is known for its rocky coasts, maritime history and natural environments such as the granite and wild islands of Acadia National Park. Elks are the major attraction in Baxter State Park, home of Mount Katahdin, term of the Appalachian Trail.
The capital is Augusta but the most populous cities are Portland, Lewiston and Bangor.
The average selling price of property for sale in Maine increased by 11% in June compared to last year, while the volume of domestic sales increased by almost 3%.
The number of homes sold throughout the state in June was 1,937, compared to 1,889 homes sold in June 2017.
It has been a very good year for most of Maine and inventory is moving fast. The number of sales during the first six months of 2018 is almost 2% higher than in the first six months of 2017, which was the best in Maine.
For the three month period ended June 30, the median property for sale price in Maine rose about 11% from the same period last year
The largest increase in the average price for the three-month period was in Waldo County, where it rose by over 18%. The only county in Maine that experienced an average price decline for the period was Penobscot, where the median has decreased by more than 7% compared to the previous year.
The biggest increase in sales volume for the three months was in the county of Aroostook, where home sales increased by 32%. The largest decrease in sales volume occurred in Lincoln County, where home sales fell by around 18% to 122 sales.
The real estate market is very interesting if you want to invest in property for sale in Maine.
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