Maine Home Sale Stats- March 2008

The data is in on March sales. Home prices across Maine were down over 3% and home sales decreased by 28.41% Specifically, 650 Homes were sold this March as apposed to 908 homes in March 2007.

Though not nearly as bad as other parts of the nation, this data follows a nation wide trend where single family home sales were down 18.4% in March. The national median sales price also declined by 8.3%

Specifically in Cumberland county,sales of homes fell by 27.97% across a rolling quarter. Prices of homes fell 2.27% as well.

 

What does this mean for you? Email with your questions and we’ll post the answers on our blog!

Published in: on May 1, 2008 at 9:17 pm

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  1. On June 19, 2008 at 10:00 pm Andree Huffine Said:

    I appreciated your info on home sales and prices. If you ever have a client interested in buying a home or condo in Sarasota Florida or Badenton Florida, I’d appreciate your suggesting that they visit my website for info at http://www.yoursarasotarealestate.com I’d be happy to do the szame for you.

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