2025 Winter Market Report

January through March 2025

Sunday River Real Estate Market

The following captures all sales activity, including transactions through other agencies for Newry, Bethel, Greenwood, Bryant Pond/Woodstock, and Hanover for January 1 through March 31, 2025.

AVERAGE SALES PRICE

Dollar for Median Sale Price

$528,650.27

AVERAGE DAYS ON MARKET

House for Days on Market

75.35

TOTAL CLOSED SALES

Key for Closed Sales

38

STATEWIDE STATS

According the Maine Association of REALTORS®:

  • January 2025: 853 homes sold (+13.28%); median price $385,000 (+9.07%).
  • February 2025: 753 homes sold (+6.51%); median price $381,500 (+9.0%).
  • MAR report for March 2025 has yet to be released.
  • Buyers remain active despite higher prices, signaling strong demand and confidence.
  • Improved inventory and slightly lower mortgage rates have enhanced purchasing power.
  • Early-year sales activity suggests buyers are motivated to move quickly—possibly to avoid further rate hikes or price increases.
  • Sellers are listing more confidently, encouraged by higher prices and robust demand.
  • Consistent price growth indicates sellers are successfully pricing at or above market expectations.
  • Prospective buyers are in a better situation than they were a year ago across many markets in Maine. The number of homes for sale has increased, price appreciation is slowing, and the economic forecast is good.

LOCAL INSIGHTS

The average sale price for all segments combined increased over last quarter, while days on market and total sales were down. Compared to winter 2024, both the sale price and days on market were up, while closed sales were down for the region.

Regional Percent of Market & Average Sales Price

Winter 2025 Whole Market
Agency Listings
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Newry, ME

Newry, Maine Map

Sales Activity

ALL PRICE POINTSWINTER 2025WINTER 2024FALL 2024
Average Sale Price$568,468.75 $616,976.00$602,470.45
AVG Price Per SQFT$501.00$455.33$439.55
Average Days on Market55.0657.8377.64
Total Properties Sold161822
Highest Sale Price$1,750,000.00$1,600,000.00$2,180,000.00
Percent Sold to List Price97.31%95.35%95.38%

Winter 2025 Percent of Market

Winter 2025 Newry POM

Winter 2025 Average Sales Price

Winter 2025 Newry ASP
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Bethel, ME

Bethel

Sales Activity

ALL PRICE POINTSWINTER 2025WINTER 2024FALL 2024
Average Sale Price$464,423.08 $371,502.00$598,177.33
AVG Price Per SQFT$324.75$232.75 $286.06
Average Days on Market82.8559.7797.91
Total Properties Sold132232
Highest Sale Price$1,175,000.00$1,900,000.00$1,350,000.00
Percent Sold to List Price98.53%95.47%95.04%

Winter 2025 Percent of Market

Winter 2025 Bethel POM

Winter 2025 Average Sales Price

Winter 2025 Bethel ASP (1)
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Greenwood, ME

Greenwood Map

Sales Activity

ALL PRICE POINTSWINTER 2025WINTER 2024FALL 2024
Average Sale Price$467,250.00 $561,250.00$203,945.00
AVG Price Per SQFT$294.81$291.34$255.58/td>

Average Days on Market53.0025.2563.50
Total Properties Sold4410
Highest Sale Price$869,000.00$840,000.00$400,000.00
Percent Sold to List Price92.68%99.45%90.87%
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Bryant Pond & Woodstock, ME

Bryant Pond/Woodstock Map

Sales Activity

ALL PRICE POINTSWINTER 2025WINTER 2024FALL 2024
Average Sale Price$575,765.00$609,450.00$197,900.00
AVG Price Per SQFT$312.81$252.04$231.69
Average Days on Market131.0061.5077.30
Total Properties Sold4210
Highest Sale Price$795,000.00$669,000.00$490,000.00
Percent Sold to List Price95.08%99.10%93.13%
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