Maine’s median home price hit $276,000 in the spring, and continues to rise. Here’s a snapshot of what was available at that price in six different areas of Maine.
Spoiler alert: Nearly every property was under agreement within a week of the listing. Average listing times dropped from two weeks to under a week. There already was a lack of inventory combined with demand, but out-of-state buyers now make up a greater share of home buyers.
Here’s what you can get for close to $276,000 in different parts of the state. Please note, the homes listed are likely already taken.
43 Northwood Drive, Portland
The state’s biggest city is also the toughest to find a house in — at any price. This 1,125-square-foot, two bedroom, one-and-a-half bath condominium in the North Deering neighborhood sold for $277,000 in June. Built in 1986, it was listed in April for $249,900, but, as with most residential sales…