Maine has always marched to the beat of its own drum, and that independent spirit has been paying off in real estate! Over the past five years, our amazing state has delivered home price growth of 73% from Q1 2020 to Q4 2024 — outperforming almost every other state! We even beat out some competitive markets like…
The single-family home market in Southern Maine is beginning to show early signs of balance after years of strong seller control. In July, the median sales price reached $605,000—up 2.2% from last year but easing 3.2% from June. Sales activity remained strong, homes continued to move quickly, and sellers still received slightly above list price…
The Southern Maine market stayed hot in June. The median single-family home price hit $625,000—up nearly 8% from May. Sales rose 22.9%, and homes are still moving fast, with a median of just 6 days on market. Sellers continue to see strong returns, averaging 102.3% of list price. Meanwhile, inventory is climbing—up nearly 60% year-over-year—giving…
