SOUTH PORTLAND, Maine (AP) - Statistics from the Maine Real Estate Information System show that the number of homes sold and the median price both grew in September in the state.
The statistics from September show sales of single-family existing homes in Maine grew 8.48 percent from the year before, and the median sale price grew by 6.92 percent to $170,000. The National Association of Realtors says the sales were up 10.8 percent and the median price up 11.4 percent.
The Maine statistics show increases in the number of homes sold in all counties except Somerset, which saw an 11.5 percent decline, and Oxford, which was flat.
Tina Lucas from Lucas Real Estate in Portland says the real estate market is more stable and both buyers and sellers have growing confidence.
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