Maine home sales fell again in July even as prices remain high

Maine home sales fell again in July, the latest sign that the state’s hot market is cooling.

There were 1,691 home sales across the state from July 1-31, a more than 15 percent fall from the same time last year, according to the Maine Association of Realtors. Overall, home sales were down more than 12 percent for the three-month period ending July 31.

“Nearly 1,700 households bought homes in Maine during July,” Madeleine Hill, the president of the Maine Association of Realtors and designated broker at Roxanne York Real Estate in Harpswell, said Thursday.

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