2017 – Another Year Of Increases
Maine Listings has released their annual figures for home sales in 2017. It was another great year for home prices! Statewide the median sale price was up 5.60% compared to 2016. Cumberland County median sale price was up 7.55% since last year and York county was up 7.82%. Home prices are well above the pre-recesion “peak!”
“Home values showed upward movement throughout 2017 with the statewide annual median sales price also reaching an historical high. The market momentum is in place for a terrific start to 2018.” – Maine Listings January Press Release
Keep in mind, these are median sale price numbers. To find out what your home is worth call today for a free market analysis.
I am an owner and head broker of The Real Estate Store. I became a real estate broker in 2005, but Real Estate is a family business for me as a third generation Real Estate Broker.