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Business and Economy

Maine Home Sales Continuing To Surge This Spring

New Homes
Pat Wellenbach
/
AP
In this July 26, 2011 photo, a sale pending sign is set outside a house in Bath, Maine.

PORTLAND, Maine (AP) - Home sales in Maine have continued to surge in spring.

The Portland Press Herald reports Maine home sales increased by more than a third in April compared to a year ago. The paper reports the median sales price also increased by more than a sixth.

The median sale price in the state was $276,000 for the month. The president of the Maine Association of Realtors reports sales figures are also higher than pre-pandemic levels.