Legacy Properties Sotheby’s International announces a median sales price of $399,000 for single-family existing homes sold in November; 3.64 percent above November 2024 but -6.34 percent below October 2025, Maine’s historic high. The MSP indicates that half of the homes were sold for more and half sold for less. Sales decreased 11.59 percent; 1,160 homes were sold in November 2025 compared to 1,312 homes during November 2024.
“We’re seeing the impact of the federal government shutdown in these home sale statistics,” says Jeff Harris, 2025 President of the Maine Association of REALTORS® and Broker affiliated with Harris Real Estate in Farmington. “During the 43-day shutdown of October and November, mortgage loans through the Federal Housing Administration, Veterans Administration, and Rural
Development were delayed. Mortgage loans needing flood insurance were also stalled.
“In addition to the disruption for some mortgage lending approvals, consumer uncertainty during this unsettled time caused a pause in regular real estate activity,” adds Harris.
The National Association of Realtors reported a nationwide sales decrease of 0.8 percent comparing November 2025 to November 2024, while the national MSP rose 1.2 percent to $414,300. Regionally, November sales in the Northeast remained unchanged during the past year, and the regional MSP increased 1.1 percent to $480,800.
“We expect a steady rebound for Maine’s residential real estate market into 2026,” says Harris. “For-sale inventory is nine percent above last year’s levels and buyers are actively searching and ready to invest in their communities through homeownership.”
Below are two charts showing statistics for Maine and its 16 counties. The first chart lists statistics for the month of November (2024/2025), statewide. The second chart compares the number of existing, single-family homes sold (units) and volume (MSP) during the rolling quarter of September, October and November (2024/2025).
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 and New Hampshire’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)
- 150 Port Road, Kennebunk, ME 04043 // 207.967.0934 (Southern Maine and Seacoast New Hampshire)
- 141 Maine Street, Brunswick, ME 04011 // 207.729.2820 (Mid Coast Maine)
- 170 Main Street, Damariscotta 04543 // 207.563.2775 (Boothbay Harbor, Damariscotta and Bristol Regions)
- 46 Bay View Street, Camden, ME 04843 // 207.230.1003 (Camden, Rockport, and Knox and Waldo County)
- 6 Neighborhood Road, Northeast Harbor, ME 04662 // 207.780.8900 (Mount Desert Island, Hancock and Washington County)
