Bethel tops list of 'Maine's Hottest Towns of 2023'
Photo / Peter Van Allen
Bethel tops the list of Maine's Hottest Towns of 2023, which is based on home-sales data.
Bethel, Gorham and Harpswell top the list of "Maine's Hottest Towns of 2023," according to a company that combed through last year's residential real estate sales.
The ranking recognizes communities with the largest percentage growth in median sales prices during 2023.
"In a year marked by shifts and evolving priorities, Maine's real estate market demonstrated unwavering resilience. The concept of home took center stage, and against this backdrop, certain towns in Maine emerged as hotspots of dynamic real estate activity," according to the Maine Life Real Estate team at eXp Realty, a national real estate firm based in Bellingham, Wash.
The list is based on data from the multiple listing service operated by Maine Real Estate Information Services Inc.
"This data reveals the towns that experienced substantial growth in median sales prices in 2023, offering a glimpse into the evolving real estate landscape in the state," Maine Life Real Estate said.
Four of the hottest towns and cities are in Cumberland County. York County had two and the rest are spread through the state.
Rockland, which topped the previous year's list, is No. 6 this year.
Here are the Top 10, including the percentage increase in median sales price in 2023.
- Bethel (Oxford County): Median sales price up 25%. Here's what Maine Life Real Estate had to say: "Known for its appeal to outdoor enthusiasts, Bethel stands out, showcasing the demand for properties in this scenic town. Bethel is surrounded by mountains, offering residents and visitors access to skiing, hiking, and other outdoor activities. The town's historic charm, cultural events, and proximity to outdoor adventures make it a top choice for those seeking a vibrant community with a focus on an active lifestyle."
- Gorham (Cumberland County): 22.22%. "Gorham offers a mix of rural charm and modern conveniences. The town's access to outdoor recreation, including hiking and biking trails, adds to its appeal. Gorham's real estate market reflects a growing interest in its unique blend of small-town charm and accessibility to amenities."
- Harpswell (Cumberland County): 19.2%. "This picturesque coastal town, comprising several peninsulas and islands, continues to be a magnet for homebuyers seeking a blend of serenity and coastal allure. Harpswell's waterfront properties, maritime heritage, and natural beauty contribute to its status as a desirable destination for those looking for a coastal retreat."
- Falmouth (Cumberland County): 17.04%. "This suburban gem near Portland stands out, showcasing its resilience and appeal to homebuyers. Falmouth's reputation for excellent schools, outdoor spaces, and a family-friendly environment contributes to its strong real estate market. Residents enjoy a balance of suburban tranquility and proximity to urban amenities."
- Saco (York County): 16.55%. "The competitive market in Saco is evident, making it an attractive destination for homebuyers seeking a balanced lifestyle near the coast. Saco, with its beaches and historic downtown, offers a blend of recreational opportunities and community charm. The town's real estate market reflects its desirability among those looking for a coastal haven."
- Rockland (Knox County): 15.93%. "Beyond its renowned lobster culture, Rockland has seen a significant improvement in market dynamics. Home to the Maine Lobster Festival, Rockland attracts residents with its coastal charm, art galleries, and a thriving community. The town's real estate scene reflects a blend of tradition and growth."
- Lisbon (Androscoggin County): 15.53%. "The town, originally named Thompsonborough, changed its name to Lisbon in 1802, drawing inspiration from the city in Portugal. Lisbon's historical roots and vibrant community make it an appealing destination for those looking for a charming and well-connected community."
- Ellsworth (Hancock County): 15.2%. "Nestled near Acadia National Park, Ellsworth offers residents access to outdoor adventures and cultural attractions. With historic architecture, art galleries, and a thriving local food scene, Ellsworth stands out as a picturesque town attracting homebuyers seeking both natural beauty and cultural richness."
- Sanford (York County): 15.06%. "This town, situated along the Mousam River, boasts a mix of historic charm and modern amenities. Sanford's cultural events, parks, and proximity to beaches contribute to its steady appeal, attracting homebuyers looking for a balance between community and convenience."
- Portland (Cumberland County): 14.38%. "Despite a 14.6% decrease in unit sales, Portland maintains its appeal as a vibrant cultural hub. Known for its diverse culinary scene, historic architecture, and waterfront charm, Portland continues to be a sought-after destination for those seeking an urban lifestyle."
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