Just Released: Portside’s 2023 Annual Report 

Residential real estate was a hot topic in 2023!  Despite the surge in mortgage rates, home prices continued to rise across Maine. This caused many potential home buyers to slow their searches compared to previous years as their budgets had to be adjusted due to increased interest rates aimed at [...]

January 2024 

In today's blog, we are offering a snapshot of basic market statistics for single family homes and condos in Kennebunk, Maine, for January 2024. While we provide essential data in this article, we're also here to assist you with more in-depth and comprehensive information upon request. Feel free to reach out to us if you would like a more detailed analysis or specific data points to support your real estate needs.

January 2024, York County

The increase in the "12-Month Change in Months of Inventory" suggests a shift towards a buyer's market, while the low "Median Days Homes are On the Market" indicates a fast-paced environment. The high "List to Sold Price Percentage" signifies a market where sellers are achieving close to their asking price, and the "Median Sold Price" provides a snapshot of the current market value.