PORTLAND, ME (July, 2025) – Legacy Properties Sotheby’s International Realty, Maine’s leading luxury property company, with offices in Portland, Kennebunk, Brunswick, Damariscotta, Camden, and Northeast Harbor, announces 1,441 single family home sales during June 2025, 10.51 percent more than June 2024, with a median sales price (MSP) of $425,00, an increase of 4.94 percent compared to a year ago. The MSP indicates that half of the homes were sold for more and half sold for less.
“High buyer demand and low, but improving, for-sale inventory levels continue to drive Maine’s home sales and pricing,” says Jeff Harris, 2025 President of the Maine Association of REALTORS® and Broker affiliated with Harris Real Estate in Farmington. “This dynamic of strong buyer demand and trending increases in the number of homes on the market has resulted in higher sales volume for most counties across Maine.
“June’s for-sale inventory of 5,047 was 14 percent above May, resulting in June sales numbers that were 17 percent higher than last month. Maine hasn’t experienced a statewide for-sale inventory over 5,000 since October of 2020.”
Regionally, sales in the northeast declined 4.2 percent in June 2025 compared to June 2024, according to the National Association of Realtors. The regional MSP increased 4.2 percent from last June to $543,300. Nationwide, sales of single family existing homes rose 0.6 percent, and the national MSP was $441,500, up two percent from June 2024.
“Discussions with REALTORS® across Maine indicate that, for most markets, the added inventory has resulted in buyers and sellers taking more time to negotiate pricing and offer terms,” adds Harris. “As Realtors, we’re here to share our experience and expert market insights to help our clients navigate these changing market conditions.”
Below are two charts showing statistics for Maine and its 16 counties. The first chart lists statistics for the month of June (2024/2025), statewide. The second chart compares the number of existing, single-family homes sold (units) and volume (MSP) during the rolling quarter of April, May and June (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.
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)
