SOUTH PORTLAND (May 27, 2009)—In April 2009, 13.84 percent fewer homes were sold than in April 2008. The Maine Real Estate Information System, Inc. reported 610 single-family, existing homes sold during the month. The median sales price eased 10.21 percent to $160,000, continuing the trend of greatest sales activity being lower priced properties. Median indicates that half the homes sold for more and half for less than that amount.

Nationwide, sales were down 2.8 percent compared to April 2008. According to the National Association of Realtors (NAR), the national median existing single-family home price dipped 14.9 percent to $169,800. Regionally, existing home sales in the Northeast declined 10.5 percent; April’s regional median sales price of $237,400 reflects a decrease of 9.6 percent.

Androscoggin 126 118 -6.35% $151,500 $128,750 -15.02%

Aroostook 47 42 -10.64% $88,500 $102,750 16.10%

Cumberland 496 395 -20.36% $235,500 $214,900 -8.75%

Franklin 38 24 -36.84% $169,500 $67,000 -60.47%

Hancock 69 52 -24.64% $205,000 $145,750 -28.90%

Kennebec 166 143 -13.86% $143,000 $120,000 -16.08%

Knox 67 43 -35.82% $200,000 $202,000 1.00%

Lincoln 55 39 -29.09% $190,000 $175,000 -7.89%

Oxford 85 73 -14.12% $159,900 $132,000 -17.45%

Penobscot 233 197 -15.45% $136,500 $117,000 -14.29%

Piscataquis 22 27 22.73% $108,400 $49,900 -53.97%

Sagadahoc 58 57 -1.72% $185,000 $165,000 -10.81%

Somerset 54 52 -3.70% $87,200 $70,300 -19.38%

Waldo 62 51 -17.74% $172,500 $145,000 -15.94%

Washington 8 8 0.00% $144,725 $41,600 -71.26%

York 327 280 -14.37% $222,450 $179,450 -19.33%