Portside is hosting Maine's Open House Weekend on May 20-21, featuring new listings and showcasing the state's top properties. Despite a 2023 inventory shortage with 18% fewer new single-family homes than last year, home prices have risen by 7.8%. The market benefits both sellers and buyers, with longer selling times and a decreased list-to-sale price ratio. Expect a seasonal uptick in inventory, creating opportunities for downsizing and younger buyers. The real estate market remains strong, with projected single-digit price growth and a balanced environment. Explore this weekend's open houses here.
Portside Hosts Maine Open House Weekend!
- By The Bassett Team