Mainebiz

V O L . X X I I N O. X 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 '15 '14 '13 '12 '11 '10 '09 '08 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, 2015 Units sold 2015 Units sold 2014 Percent change, 2014–2015 2015 median sales price 2014 median sales price Percent change, 2014–2015 1 Cumberland 4,141 3,654 13.33% $250,000 $244,000 2.46% 2 York 2,793 2,513 11.14% $226,000 $215,000 5.12% 3 Penobscot 1,393 1,218 14.37% $130,000 $129,900 0.08% 4 Kennebec 1,325 1,178 12.48% $139,000 $139,900 -0.64% 5 Androscoggin 934 929 0.54% $136,750 $130,000 5.19% 6 Hancock 667 640 4.22% $191,000 $192,250 -0.65% 7 Oxford 684 608 12.50% $134,900 $125,800 7.23% 8 Lincoln 488 457 6.78% $189,500 $190,000 -0.26% 9 Somerset 466 440 5.91% $93,250 $87,700 6.33% 10 Sagadahoc 434 438 -0.91% $187,000 $171,250 9.20% 11 Knox 536 428 25.23% $183,500 $188,500 -2.65% 12 Aroostook 470 412 14.08% $87,250 $89,000 -1.97% 13 Waldo 479 402 19.15% $144,000 $135,000 6.67% 14 Franklin 313 330 -5.15% $129,500 $124,000 4.44% 15 Piscataquis 268 244 9.84% $87,500 $95,000 -7.89% 16 Washington 281 232 21.12% $94,000 $78,500 19.75% MAINE 15,672 14,123 10.97% $180,500 $175,000 3.14% 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 Dec. 11, 2015 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 $357 $639 $706 $892 $1,115 $1,306 $1,502 Lewiston/Auburn $311 $523 $616 $777 $987 $1,128 $1,297 Portland $444 $762 $886 $1,109 $1,489 $1,561 $1,795 York/Kittery/South Berwick $478 $848 $919 $1,196 $1,539 $1,882 $2,164 Fair market rents for existing housing in Maine, by MSA Rates effective Dec. 11, 2015 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, 2014 Occupancy rate, 2010 1 Androscoggin 90.2% 91.4% 2 Penobscot 84.3% 88.1% 3 Kennebec 83.9% 86.9% 4 Cumberland 83.7% 84.6% 5 Sagadahoc 82.2% 85.6% 6 Aroostook 77.4% 78.4% 7 York 76.6% 79.1% 8 Waldo 76.2% 77.9% 9 Knox 71.5% 76.9% 10 Somerset 70.3% 72.6% 11 Oxford 63.2% 67.9% 12 Lincoln 61.9% 69.1% 13 Washington 61.6% 64.4% 14 Hancock 60.3% 64.4% 15 Franklin 54.9% 61.6% 16 Piscataquis 49.9% 52.8% MAINE 76.3% 79.5% Maine housing occupancy rates Ranked by county-wide occupancy rate, 2010–2014 S O U R C E : U.S. Census Bureau, 2010-2014 American Community Survey 5-Year Estimates

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