Portland, Maine (February 2025) Legacy Properties Sotheby’s International Realty, Maine’s leading luxury property company with offices in Portland, Kennebunk, Brunswick, Damariscotta, Camden, and Northeast Harbor, has once again achieved the #1 ranking for waterfront property sales in Maine in 2024. The firm reported that it sold more waterfront properties than any other real estate company in the state, based on total dollar sales volume. Legacy Properties Sotheby’s International Realty closed 305 waterfront property transaction sides, totaling over $442 million in property value, with an impressive annual average selling price of $1,448,000—more than double that of its closest competitors.
“We are very pleased with our results for 2024, achieving a 45% increase in the dollar value of sales compared to the previous year,” said Chris Lynch, President. “In addition to this significant growth in total sales volume, we also increased our unit volume by 31%. These results reflect the expertise of our agents and the strength of our marketing strategies, allowing us to continue expanding our market share in this critical segment.”
As part of its ongoing growth strategy, Legacy Properties Sotheby’s International Realty is expanding further into Maine’s Lakes Region, recognizing a strong opportunity for sellers seeking regional, national, and international exposure for their properties. “As we extend our reach north and west, our global marketing platform, professional photography, and industry-leading technology become true game-changers for our clients,” Lynch added. “Many waterfront homes in these areas lack the exposure they need to attract the right buyers. Once sellers learn about our capabilities, they quickly see the value we bring in maximizing the visibility and appeal of their properties.”
Legacy Properties Sotheby’s International Realty attributes much of its continued success to its unmatched suite of marketing services. These include high-definition professional photography, immersive Matterport 3D virtual tours and property videos, glossy print advertising, beautiful custom publications, a carefully curated blog, global property distribution through an exclusive network of professional agents and luxury branding through its affiliation with Sotheby’s International Realty. The company is composed of very experienced and professional agents who provide exceptional service, touch, and personalized attention to their clients. According to Lynch, “We are keenly aware that as one approachs the more rural parts of the state, it becomes increasingly difficult to get marketing depth and breadth along with the hands-on, high touch, and attentive service that buyers and sellers desire. Our experienced full-time professional agents are committed to providing top-quality service as far and wide as we can deliver.”
“Although we have enjoyed a #1 ranking in sold waterfront properties for many years, we are looking to continue to take advantage of our marketing strength to add to our business throughout the state,” states Andy Lynch, Chief Financial Officer. “We are also looking to recruit top agents in underserved areas. We find that there are so many talented agents that simply do not have the tools to deliver the kind of service and marketing depth. When we find that right agent it is a Win-Win-Win. The agent, the client and our company all enjoy a win in this scenario.”
Legacy Properties Sotheby’s International Realty can be reached at 207-780-8900 and [email protected]. Legacy Properties Sotheby’s International Realty, with offices in Portland, Kennebunk, Brunswick, Damariscotta, Camden, and Northeast Harbor, is Maine’s leading luxury and lifestyle property company, with six offices and more than 100 agents serving Maine and New Hampshire’s coastal, lake, and mountain communities.
Offices Located at:
2 City Center, Portland, ME 04101 // 207.780.8900 (Greater Portland Maine Real Estate)
141 Maine Street, Brunswick, ME 04011 // 207.729.2820 (Mid Coast Maine Real Estate)
