Demand for real estate in the Sunday River region remained high this fall. In this report, we'll dive into sales activity from October 2023 through December 2023.
According to the Maine Association of Realtor's January 2024 press release, "The real estate market in Maine remains robust, though a lack of inventory and current interest rates contribute to unbalance the single family existing home market. Maine Listings today reported a median sales price (MSP) rise of 6.21 percent to $350,500 in December 2023 compared to December 2022. The MSP indicates that half of the homes were sold for more and half sold for less. Sales were down 6.14 percent comparing December 2023 to December 2022."
As the official agency of Sunday River, and serving the greater Bethel, Maine, region, we are here to help you navigate this tricky market for both buyers and sellers. Our expert team of brokers has the experience and knowledge you need to succeed in your real estate goals. Contact us today to learn more.
Contact us today to consult with our expert team of brokers and learn more about how we can help you buy or sell a home in the Sunday River region.