Maine Listings

After indications in the past several months that home sales were cooling off, the October numbers point to it once again being a sellers' market. 

The market is seeing an increasing number of homes for sale, increasing time-on-market and price dips, easing competition buyers have been facing for the past five years.

The Realtor of the Year recipient is chosen from among the 11 nominees of local associations and more than 6,400 Realtors in Maine.

Elements include a slightly off-center circle representing progress and community, green and blue tones for Maine’s natural resources and a star formed by white space.

Single-family homes in Maine are a strong asset class, outperforming other parts of the country.

Inventory is freeing up statewide, as mortgage rates ticked down and price growth moderated in some markets — good news for buyers.

Even with an uncertain home market, more homeowners are choosing to list their homes rather than wait for further market changes.

Statewide, prices surged 7.53% in August. Maine's inventory of single-family homes for sale remains at 3.2 months, far below the six-month supply that's considered a balanced market for sellers and buyers.

Maine's median sales price continues to hit new levels. June marked a high, with a median sales price of $385,000 statewide, an increase of 6.45%. As recently as 2017, Maine's median sales price was $200,000, so we're pushing into new territory.