Home sale price rises 8 percent in August

Maine’s real estate market continued its upward climb in August, following a nationwide trend of higher sales and median price for existing single-family homes compared with a year earlier.

Meanwhile the median sale price of a single family home in the city was $222,000 – up 5.7 percent in August of 2015 compared to August of 2014, says the Illinois Association of Realtors.

The report also found that listings rose 4 percent compared to a year ago and pending sales rose 11 percent. “Statewide, median sales prices increased year-over-year for both single-family homes and townhouse-condo properties for the 45th month in a row in August”. That’s a gain of 5.9 percent.

The median price means half were sold for less, half sold for more. And buyers, he said, “are not so fast to pull the trigger …and feel more and more comfortable waiting to make a decision”. The median cost was up 4.7 percent “more than double the increase in average pay”, according to an Associated Press analysis. Petersburg-Clearwater metropolitan statistical area, which includes Pasco County, jumped 9.4 percent to $175,000 in August, according to Florida Realtors, which released its monthly market data Monday.

August was a good month for home sales in Sheboygan County, but not for prices.

There were 12 percent fewer single family houses and condos on the market in August compared to a year ago.

“We are still seeing significant inventory tightness in the lower price ranges”, Tuccillo said.

The median price for a single family home in the Tampa-St.

“It’s been a summer of positive growth, showing strong gains in closed sales and median prices”, said 2015 Florida Realtors President Andrew Barbar, a broker with Keller Williams Realty Services in Boca Raton. If the county’s current pace holds, 2015 will become a record year for home sales.