In this analysis, we will explore the sales dynamics in the broader Sunday River area, including a deeper dive into the town-by-town land, condo and home sales below, spanning from January 2024 to March 2024.
According to Paul McKee, President of the Maine Association of REALTORS®, in their April press release, the statewide real estate market saw an early onset of the seasonal spring market, characterized by a surge in property listings and sustained robust demand from buyers throughout March. McKee notes a significant positive shift in sales volume, marking a departure from the preceding 31 months of year-over-year declines, with two consecutive months of growth—attributed to an increase in listings and successful transactions. Locally, the median sales price and total number of closed sales are down from Fall 2023, while the median days on the market has nearly doubled.
As the official agency for Sunday River, we stand ready to assist you in navigating this dynamic real estate landscape, catering to the needs of both buyers and sellers alike. Our seasoned team of brokers possesses the requisite expertise and insights to guide you towards achieving your real estate objectives effectively. Reach out to us today to discover how we can support your endeavors.
Feel free to reach out today for a consultation with our adept team of brokers, and explore the array of ways we can facilitate your home buying or selling journey within the Sunday River vicinity.
