Benchmark Real Estate

Portland residential market mixed as inventory expands

Portland’s residential real estate market was mixed in April, exhibiting strength in the single-family market, softer condo conditions and rising inventory overall.

Broker report: Portland residential real estate sees rebound in March

Rising sales, faster timelines and growing inventory marked Portland’s residential real estate market in March. Single-family sales were up nearly 50% compared with February.

Home sales report: Heading into 2026, Portland homes spending longer on the market

As the new year kicks off, the data show a steady market on the whole, but homes lingering longer and price reductions more common.

Broker report: As year winds down, Portland’s residential inventory is up

After several years of record-setting activity, Portland’s housing market is transitioning into rising inventory, longer days on the market and softening prices, said a local broker.
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Broker: Portland condo building cut energy costs by 90%

Energy bills are lower than average thanks to solar, super insulation, air-sealed construction and triple-pane windows, said the developer.

Broker report: Portland residential real estate inventory rises, days on market increase

Softening inventory reflects a return to a traditionally seasonal market cycle — unlike the pandemic years, when the market was busy year-round, said one broker.

Older sellers are fueling a boom in second-home market, says broker

For older sellers, faster sales might be more important than getting top dollar, as they look to simplify, control the process and move forward on their own terms.

Portland inventory of single-family homes for sale spikes in May

Sale volume in Portland’s single-family home market was up 22% in May, but could cool off as the inventory of homes for-sale surges.
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Maine home sales in April were flat, though median price edged upward

The inventory of homes for sale in Maine is tight, and prospective buyers in much of the state would be hard-pressed to find a house for sale at the median price of $400,000.

Portland sees record sale price for two-family home on Munjoy Hill

At $2.95 million, it was the highest-priced and highest price per unit for any two- to four-family home ever sold in Portland, said the listing broker.
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