November 2007 Maine Real Estate Press Release

MREIS PRESS RELEASE:  In a press release to the media today, MREIS reports that the number of homes sales in Maine in November dropped 10.63% comparing November 2007 to November 2006; and the median sales price increased 1.62%.   NAR reports nationwide single-family home sales decreased 19.9%; and national median existing sales price dipped 3.7% to $208,700.  Home sales in the Northeastern U.S. mirrored national statistics with a 19.4% drop in sales, with median sales decreasing 3.2% to $258,300.  The complete press release is posted at http://www.mainerealtors.com/MaineHousingReport-November2007.pdf

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