February 22

Home sales grow in January in Maine

Home sales were up 8.6 percent over last year.

The Associated Press

AUGUSTA— The cold winter hasn’t slowed the pace of home sales in Maine.

Maine Listings says January home sales were up 8.6 percent compared to the same month a year ago. The organization says the median price also grew by 2.8 percent to $166,500.

Angelia Levesque, president of the Maine Association of Realtors, said the growth in winter home sales is a “good sign” that there will be a strong spring market for homes.

The National Association of Realtors announced a 6.0 percent decrease in January sales nationwide, while the national median price grew 104 percent to $188,900.

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