STATEWIDE STATS
According the Maine Association of REALTORS®:
- April 2025: 942 homes sold (–0.74%); median price $400,000 (+4.44%)
- May 2025: 1,227 homes sold (+3.28%); median price $425,000 (+6.52%)
- June 2025: Data not yet released from MAR
- Inventory: 4,422 homes on market at end of May—up 825 from April and 19% higher than March
- National Context: U.S. sales up 0.3% in May; Northeast sales up 4.2% with median price $513,300 (+7.1%)
- Buyer demand remains steady as Maine enters its peak real estate season.
- Listing activity continues to rise, giving buyers more choices and slightly reducing pressure in some markets.
- Statewide median sale prices hit a new high of $425,000 in May—up 6.52% year-over-year.
- Modest price increases in most counties reflect stable demand and improving inventory conditions.
- Sellers are gaining confidence, supported by strong pricing trends and quick-moving sales in desirable areas.
LOCAL INSIGHTS
Locally, the average sale price for all segments combined decreased from last quarter, while days on market and total sales were up. Compared to spring 2024, the sale price, days on market and closed sales are up for the region.
