March single family home inventories are generally down across most of southern Maine compared to the same period last year, while the once rapidly increasing prices seem to be slowing a bit. With home sale season gearing up, it will be interesting to see where supply and demand meet and what that means for home prices.
Feel free to reach out with any questions or comments you may have on the market statistics from March. As always, I hope you’ll consider hiring me as your broker if you are interested in buying, selling, or investing in a home.