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Maine Home Sales and Prices Up In August

Maine Home Sales and Prices Up In August

Legacy Properties Sotheby’s International Realty, Maine’s leading luxury property company, with offices in Portland, Kennebunk, Brunswick, Damariscotta, Camden, and Northeast Harbor, announces that sales of single-family existing homes in Maine rose 9.96 percent, comparing August 2025 to August of last year, according to Maine Listings. Prices have also increased to a statewide median sales price of $409,450 – up 2.36 percent compared to August 2024. The MSP indicates that half of the homes were sold for more and half sold for less.

“Potential home buyers in Maine have more options than they have had over the past five years,” says Jeff Harris, 2025 President of the Maine Association of REALTORS®.

“For the sixth consecutive month, the number of homes for sale on the market has increased and the number of sales has risen. The inventory level of homes for sale is building as more sellers enter the market—currently at the highest level since October of 2020.”

The National Association of Realtors today reported a national sales increase of 2.5 percent, comparing August 2025 to August 2024, while prices rose 1.9 percent to a national MSP of $427,800. Regionally, sales in the Northeast eased 2.0 percent and the regional MSP increased 6.2 percent to $534,200 over that same time period.

“As the market is showing signs of shifting more into balance, consult with a REALTOR® who will help buyers respond quickly to opportunities and guide sellers on marketing and negotiating their home sale effectively,” says Harris.

Below are two charts showing statistics for Maine and its 16 counties. The first chart lists statistics for the month of August (2024/2025), statewide. The second chart compares the number of existing, single-family homes sold (units) and volume (MSP) during the rolling quarter of June, July and August (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’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.

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