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Number of homes sold in Maine rose in September, but prices fell

In the quarter that ended Aug. 31, Cumberland, York and Lincoln counties recorded median sales prices in excess of half a million dollars.

But for the latest quarter ending Sept. 30, only Cumberland and York counties remained above that threshold.

Cumberland dipped from a high of $616,000 to $605,000 in a comparison of the rolling quarters. York County remained at $550,000. Lincoln County, which had a median sales price of $502,500 in August, dipped to $486,000.

For the state as a whole, the median sales price of $402,500 was a slight decrease of 1.35% compared to September 2024, according to Maine Listings.

The number of single-family homes sold in September increased 5%, from 1,505 to 1,582. 

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“We are seeing an increasing number of homes for sale, increasing time-on-market and pricing concessions, which eases the competition that buyers have been facing for the past five years,” said Jeff Harris, president of the Maine Association of Realtors and a broker with Harris Real Estate in Farmington. 

For only the second time since March 2019, Maine’s median home sale price decreased in a year-over-year comparison, Harris added. Both of those decreases were recorded this year. 

Aroostook remained Maine’s most affordable county, with a median sales price of $170,000, down from $175,000 a year ago. 

National, regional

Home buyers paid more in the Northeast and across the country.

The National Association of Realtors reported a 4.5% uptick in U.S. home sales and prices increased 2.3% to a national median sale price of $420,700 comparing September 2025 to September 2024. 

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In the Northeast, sales rose 4.3% while the regional price increased 4.1% to $500,300 over the same time period.

“With more for-sale options on the market, a sellers’ pricing at listing should reflect today’s market to generate demand,” noted Harris.

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