- Associated Press - Friday, November 21, 2014

AUGUSTA, Maine (AP) - Sales of existing single-family homes in Maine surged more than 26 percent in October when compared to the year-ago month as people looked to move into hew homes before winter set in.

The Maine Association of Realtors reports that 1,573 homes were sold last month, compared to 1,246 homes in October 2013.

The median sales price remained stable, dropping by less than 1 percent to $175,000.

Association President Angelia Levesque says “many buyers hoped to be settled into their new homes before winter, so Realtors have been very busy showing their clients options.”

Sales in Maine far outpaced the national and regional numbers.



In the past three months, Piscataquis, Hancock, and Somerset counties saw surges of more than 30 percent in sales compared to the same period last year.

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