Sales of single-family homes in Maine were down slightly in June, but prices remain on the rise. According to Maine Listings, Realtors sold 4.3% fewer homes in Maine in June 2020 compared to June 2019. The median sales price increased by 4.2% — to $249,000.

Nationally, sales decreased 10% in June 2020 compared with June 2019, according to the National Association of Realtors, while the national MSP increased 3.5% in June to $298,600. Sales in the Northeast fell 28% compared with last June, while the regional MSP rose 3.6% to $332,900.

On a “rolling quarter” basis — comparing sales for the three-month period ending with June, Knox County sales decreased 13% from 140 home sales in June 2019 to 122 this year, while MSP rose 8% from $229,500 to $247,500.

Rolling-quarter sales in Lincoln County decreased 25% from 142 in 2019 to 106 in 2020, while MSP increased 16% from $240,000 to $279,500.

Rolling-quarter sales in Waldo County decreased 13% from 131 homes in June 2019 to 114 in June 2020, while MSP increased 6% from $175,000 to $186,250.

M A I N E   R E A L   E S T A T E   S T A T S   —

# Units # Units
June only Sold 2019 Sold 2020 % Change MSP 2019 MSP 2020 % Change
Statewide 1,798 1,720 -4.34% $239,085 $249,000 4.15%

Three-month comparison, by county:
Chart below compares April 1, 2019 – June 30, 2019 and April 1, 2020 – June 30, 2020
# Units # Units
County Sold 2019 Sold 2020 % Change MSP 2019 MSP 2020 % Change
Statewide 4,655 4,042 -13.17% $228,000 $242,000 6.14%
Androscoggin 297 245 -17.51% $168,000 $191,500 13.99%
Aroostook 167 168 0.60% $101,000 $95,000 -5.94%
Cumberland 1,068 846 -20.79% $337,000 $347,000 2.97%
Franklin 139 109 -21.58% $135,000 $183,000 35.56%
Hancock 230 175 -23.91% $241,000 $255,000 5.81%
Kennebec 399 398 -0.25% $168,000 $188,500 12.20%
Knox 140 122 -12.86% $229,500 $247,500 7.84%
Lincoln 142 106 -25.35% $240,000 $279,500 16.46%
Oxford 185 201 8.65% $175,000 $185,000 5.71%
Penobscot 468 419 -10.47% $160,250 $170,000 6.08%
Piscataquis 86 91 5.81% $133,277 $129,900 -2.53%
Sagadahoc 108 116 7.41% $248,000 $272,500 9.88%
Somerset 155 147 -5.16% $128,900 $135,000 4.73%
Waldo 131 114 -12.98% $175,000 $186,250 6.43%
Washington 87 88 1.15% $120,000 $126,000 5.00%
York 853 697 -18.29% $295,700 $315,000 6.53%

Source: Maine Real Estate Information System, Inc. (d/b/a Maine Listings). Note: Maine Listings, a subsidiary of the Maine Association of REALTORS, is a statewide Multiple Listing Service with over 4,700 licensees inputting active and sold property listing data.