With home prices reaching historic highs nationwide, inventory staying low, and recent commission changes from late summer still shaking out, many potential sellers and buyers are feeling unsure about the upcoming winter housing market. In southern Maine, October saw another rise in the median home price, but there was also a modest increase in new listings. As we move into the colder months, the market’s trajectory will depend on how these factors continue to evolve, and whether buyer demand and seller confidence can maintain momentum despite the challenges.
If you are considering buying, selling, or investing in a home this winter, I hope you’ll consider hiring me as your broker.