Mainebiz

V O L . X X I N O. X I V 18 FA C T BO O K / D O I N G B U S I N E S S I N M A I N E Q UA L I T Y O F L I F E | H O U S I N G $0 $40K $80K $120K $160K $200K '14 '13 '12 '11 '10 '09 '08 '07 Median price Annual sales 0 4K 8K 12K 16K 20K Annual home sales and median price 1 1 Based on real estate broker transactions. S O U R C E : Maine Real Estate Information System Inc. Annual Maine home sales, 1 by county Ranked by sales of existing single-family homes, 2014 Units sold 2014 Units sold 2013 Percentage change, 2013–2014 2014 median sales price 2013 median sales price Percent change, 2013–2014 1 Cumberland 3,654 3,432 6.47% $244,000 $242,000 0.83% 2 York 2,513 2,287 9.88% $215,000 $220,000 -2.27% 3 Penobscot 1,218 1,235 -1.38% $129,900 $135,000 -3.78% 4 Kennebec 1,178 1,096 7.48% $139,900 $134,250 4.21% 5 Androscoggin 929 827 12.33% $130,000 $135,000 -3.70% 6 Hancock 640 555 15.32% $192,250 $185,000 3.92% 7 Oxford 608 543 11.97% $125,800 $130,687 -3.74% 8 Lincoln 457 425 7.53% $190,000 $220,000 -13.64% 9 Somerset 440 403 9.18% $87,700 $91,000 -3.63% 10 Sagadahoc 438 366 19.67% $171,250 $175,500 -2.42% 11 Knox 428 447 -4.25% $188,500 $176,000 7.10% 12 Aroostook 412 386 6.74% $89,000 $89,700 -0.78% 13 Waldo 402 370 8.65% $135,000 $154,500 -12.62% 14 Franklin 330 300 10.00% $124,000 $125,000 -0.80% 15 Piscataquis 244 183 33.33% $95,000 $65,000 46.15% 16 Washington 232 233 -0.43% $78,500 $94,000 -16.49% MAINE 14,123 13,088 7.91% $175,000 $175,000 0.00% 1 Based on real estate broker transactions. S O U R C E : Maine Real Estate Information System Inc. Mobile home Studio One bedroom Two bedroom Three bedroom Four bedroom Five bedroom Androscoggin $309 $499 $591 $772 $973 $1,033 $1,188 Aroostook $272 $548 $564 $679 $860 $942 $1,083 Cumberland $373 $559 $703 $932 $1,333 $1,588 $1,826 Franklin $284 $573 $598 $709 $883 $1,256 $1,444 Hancock $339 $588 $666 $848 $1,116 $1,133 $1,303 Kennebec $306 $518 $599 $766 $961 $1,024 $1,178 Knox $369 $743 $748 $922 $1,182 $1,232 $1,417 Lincoln $339 $504 $672 $847 $1,055 $1,132 $1,302 Oxford $276 $515 $547 $689 $930 $1,204 $1,385 Penobscot $266 $448 $562 $666 $932 $1,077 $1,239 Piscataquis $263 $491 $554 $657 $852 $900 $1,035 Sagadahoc $349 $693 $736 $873 $1,132 $1,425 $1,639 Somerset $298 $599 $627 $746 $1,015 $1,019 $1,172 Waldo $318 $559 $670 $794 $1,081 $1,150 $1,323 Washington $272 $520 $572 $681 $868 $1,053 $1,211 York $367 $627 $724 $917 $1,245 $1,389 $1,482 Fair market rent for existing housing in Maine, by county Rates effective Oct. 1, 2014 Amounts include the cost of utilities. S O U R C E : MaineHousing Mobile home Studio One bedroom Two bedroom Three bedroom Four bedroom Five bedroom Bangor $333 $571 $660 $833 $1,037 $1,205 $1,386 Lewiston/Auburn $309 $499 $591 $772 $973 $1,033 $1,188 Portland $430 $730 $869 $1,074 $1,421 $1,492 $1,716 York/Kittery/South Berwick $453 $786 $860 $1,132 $1,527 $1,533 $1,763 Fair market rents for existing housing in Maine, by MSA Rates effective Oct. 1, 2014 Amounts include the cost of utilities. S O U R C E : MaineHousing Fair market rent Gross rents for typical, non-substandard rental units occupied by recent movers in a local hous- ing market, established by the U.S. Department of Housing and Urban Development. Metropolitan statistical area (MSA) The Census Bureau defines a metropolitan area as a core area containing a large popu- lation nucleus, together with adjacent com- munities having a high degree of economic and social interaction with that core. The title of each MSA includes the names of up to three of its central cities. D E F I N I T I O N S Occupancy rate, 2013 Occupancy rate, 2000 1 Androscoggin 89.7% 91.4% 2 Penobscot 84.8% 86.9% 3 Kennebec 84.8% 88.1% 4 Cumberland 84.6% 84.6% 5 Sagadahoc 82.1% 85.6% 6 Aroostook 77.5% 78.4% 7 York 76.7% 77.9% 8 Waldo 76.2% 79.1% 9 Knox 71.4% 72.6% 10 Somerset 71.1% 76.9% 11 Oxford 63.5% 69.1% 12 Lincoln 63.1% 67.9% 13 Washington 61.9% 64.4% 14 Hancock 60.6% 64.4% 15 Franklin 55.7% 61.6% 16 Piscataquis 50.7% 52.8% MAINE 76.7% 79.5% Maine housing occupancy rates Ranked by county-wide occupancy rate, 2000–2013 S O U R C E : U.S. Census Bureau, 2009–2013 American Community Survey 5-Year Estimates

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