The Haskell Team

The Maine Real Estate Network

75 John Roberts Rd
South Portland, ME 04106

Cell: 207-482-3910   
Phone: 207-482-3910 
Fax: 207-482-3905

Housing Trends

September 2016

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National market update

Existing-Home Sales Soften Further in August

WASHINGTON (September 22, 2016) — Existing-home sales eased up in August for the second consecutive month despite mortgage rates near record lows as higher home prices and not enough inventory for sale kept some would-be buyers at bay, according to the National Association of Realtors®. Only the Northeast region saw a monthly increase in closings in August, where inventory is currently more adequate.

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Preparing Your Home for Autumn

It’s almost time. Sigh. Summer is drawing to a close, like it or not.
Before the leaves fall and the wind turns chilly, it’s a good idea to do some seasonal maintenance on your home. Here are some things to add to your fall "honey-do”.

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National housing indicators

Existing home sales (August)

5.33 millions units*

Existing home median price (August)


Housing Starts (August)

1.142 millions units*

New home sales (July)

0.654 millions units*

*Seasonally adjusted annual rate. Source: NATIONAL ASSOCIATION OF REALTORS®.

National economic indicators

Home ownership

2nd Quarter 2016


2nd Quarter 2015


The homeownership rate of 62.9 percent was 0.5 percentage points (+/-0.5)* lower than the second quarter 2015 rate (63.4 percent) and 0.6 percentage points (+/-0.5)* lower than the first quarter 2016 rate(63.5 percent).

New home sales

Aug 2016


July 2016


Sales of new single-family houses in August 2016 were at a seasonally adjusted annual rate of 609,000. This is 7.6 percent (±10.7%)* below the revised July rate of 659,000, but is 20.6 percent (±14.8%) above the August 2015 estimate of 505,000


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Regional market updates

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Click on the links below to view data from two different industry sources. Choose information on local prices & state sales from any of 178 metropolitan housing markets prepared by the National Association of REALTORS® or information on sales & price activity from local area markets in 25 states prepared by Clarus MarketMetrics.

The Haskell Team

MAINE HOME VALUES UP 4.66 PERCENT IN JULY; SALES DIP SLIGHTLY AUGUSTA (August 24, 2016)— The Maine Association of Realtors today reports that 1,710 homes changed hands in July 2016— 39 fewer closings than July 2015. Prices continued to rise, at a rate of 4.66 percent in one year. Read more

HOME SALES AND PRICES RISE IN JUNE Augusta (July 21, 2016)— Home values in Maine are rising at a healthy pace, according to statistics released by the Maine Association of Realtors. Realtors across the state of Maine reported 1,960 transactions of existing, single-family homes during the month of June, leading to a sales increase of 9.62%.. Read more

Sales and Values Up in May In a press release to the media today, Maine home sales increased 25.24% comparing May 2015 to May 2016. The median sales price (MSP) was $190,250 a 2.84% increase in that same time period. NAR reports home sales and prices increased nationally and in the northeast comparing May 2015 to May 2016. Read more

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Consumer tips & hot properties


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Existing Home Statistics

View statistics based on national data, regional data and data gathered from 159 cities & metropolitan areas.