MAINE HOME SALES DECREASE 30% IN JULY: In a press release today, MREIS reports Maine home sales decreased 30.07% in July 2010 compared with July 2009. The decrease was anticipated, reflective of the end of the federal tax credit which had created an accelerated demand to go under contract by a specific date. National home sales figures show a 25.6% decrease in that same time period, and the Northeast a 30.03% decrease. However, Maine median home sales prices are still increasing. The median sales price rose 4.23% to $172,500 in July 2010, compared with July 2009. Median indicates half sold for more and half for less. The press release: http://mainerealtors.com/Statistics/2010PressReleases/MaineHousingReport-July2010.pdf