An under supplied market contributed to both a drop in year-on-year real estate sales while also helping keep home prices up.
Latest figures from Maine Listings revealed a 12.09% fall in the number of homes sold statewide in January when compared to the first month of last year. Meanwhile, the median sales price remained unchanged at $200,000.
Home sales dipped 7.04% between November 2018 to January 2019 when compared to the same period the year before. Sales prices, however, were up 7.50% to stand at $215,000.
The longest government shut down in US history also created a drag on sales last month.