Maine Housing Report for February 2021
![housing-repost-feb-2021](https://pemeticpurveyors.com/wp-content/uploads/2021/03/housing-repost-feb-2021.jpg)
The incredibly active market in Maine continues with recent news from Maine Assoc. of Realtors’ February 2021 “Maine Housing Report”. Statewide, Feb. 2020 vs. Feb. 2021 saw a 22.8% rise in the number of homes sold and a 12.9% rise in the median value of homes purchased in the state, that number resting at $244,900. So much for the quiet Winters! More locally, rolling quarter numbers in Hancock County look like this: A 50.6% jump in the number of homes sold 2020 vs. 2021 and a 41.4% jump in the median value for homes purchased, landing at $312,500. Get this: in 2020, the median sale price for the same rolling quarter was $221,000. What a leap! If you see a drop in the number of homes sold in 2021, it almost certainly won’t be for lack of demand, but rather, for lack of supply.
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