In a press release to the media today, Maine home sales decreased -25.40% comparing September 2023 to September 2022. The median sales price (MSP) was $376,750, a 14.17% increase in that same time period. NAR reports that existing home sales were down, and median sales prices were up nationally and in the northeast comparing September 2023 to September 2022.
Maine Residential Market Overview - Best Quarter of the Year!
The third quarter brought a noticeable seasonal shift in inventory and sales, making it the busiest and most vibrant period for Maine's real estate market this year. It was a mixed bag of real estate tales - ranging from intense bidding wars for coveted single-family homes in the Portland area to the less fortunate fate of overpriced listings that lingered without securing acceptable offers, eventually leading to strategic price reductions until finding the elusive "sweet spot."
.png)
SMALL ACTS, BIG IMPACT
How Businesses Can Implement Simple Systems to Give Back to the Community
September 2023, York County
When it comes to understanding the real estate market, there are several important metrics that can give buyers and sellers valuable insights. Let's take a closer look at the correlation between the following metrics: Months Supply of Inventory, 12-Month Change in Months of Inventory, Median Days Homes are On the Market, List to Sold Price Percentage, and Median Sold Price.
Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, non commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. ©2026 Maine Real Estate Information System, Inc. All Rights Reserved. 
Privacy Policy
The Bassett Team participates in ©2026 Maine Listings Internet Data Exchange program, allowing us to display other Maine IDX Participants' listings. This website does not display complete listings. Certain listings of other real estate brokerage firms have been excluded. Mortgage figures are estimates. Check with your bank or proposed mortgage company for actual interest rates. This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
Copyright 2026 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated June 10, 2026 5:12 PM EDT
.jpg)
