Market Update: Surviving COVID-19

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HOME SALES EASE DURING COVID-19; VALUES UP 12.29% in APRIL

Despite a pandemic-fueled wane in the sales of single-family existing homes, values in Maine increased double digits last month. According to Maine Listings, Realtors sold 194 fewer homes in April 2020 compared to April 2019, which is a decrease of 15.41%. The median sales price (MSP) jumped 12.29% to $235,800, comparing April 2020 to April 2019.  

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