Maine Listings, on Dec. 22, reported a 9.85 percent decline in sales of single-family existing homes in November. The median sales price (MSP) dipped 1.43 percent to $172,500. The MSP indicates that half of the homes were sold for more and half sold for less.

The National Association of Realtors reported a national sales increase of 2.4 percent, while the national MSP rose 5.6 percent to $206,200.

November sales in the regional Northeast were up 4.6 percent and the regional MSP increased 1.3 percent to $246,100.

“Late in the year, Realtors continue to educate both buyers and sellers about their local market conditions, available inventory, steady prices and historically-low interest rates,” Maine Association of Realtors President Angelia Levesque said.

Levesque said that in 2015, Mainers can expect to see “motivated and focused sellers and buyers. Start the home buying purchase process now to take advantage of tax savings in 2015.”