Spring’s arrival is sparking renewed interest among homebuyers across Maine. According to data released by Maine Listings, a total of 942 single-family existing homes were sold in April 2025—representing a slight 0.74% decrease compared to April 2024. Despite this modest dip, the median sales price (MSP) rose 4.44% year-over-year, reaching $400,000. The MSP reflects an evenly split market, with half of the homes selling above that price and half below.

While sales numbers are just below last year’s figures, they’re up 11% compared to March, showing strong monthly momentum. April marked the third time since September 2024 that the statewide median sales price has hit the $400,000 mark. However, price trends varied across the state, with seven of Maine’s 16 counties reporting year-overyear declines in median sales price. Inventory also saw a boost last month with listing activity picking up significantly in April. Maine saw nearly 600 more homes on the market than in March—a 19% increase—giving buyers more options as the spring season continues to unfold.

With the spring season well underway, now is a great time for sellers to list their homes or properties for sale. As buyer demand persists, sellers can expect competing offers and decreased number of days on the market. Don’t wait! To find out how much your home or property is worth, reach out to our team of professional broker staff today by calling 207-563-1003 or 207-633-4433. We are ready to help you achieve your real estate goals.

Our company continues to excel with a full staff of exceptional local agents. We are proud to remain a leading real estate firm in Lincoln County as we serve buyers and sellers. As of the date of this report, our brokers have assisted 42 families with a total sales volume of $16,676,100, with almost $4.5 million in sales since last month alone! As a locally owned company, Newcastle Realty is committed to supporting our local communities and families. Through our Charitable Giving and Community Outreach committee, a portion of every transaction is invested back into the Lincoln County community. Over the past 30 years, we have donated over $450,000 and hundreds of hours to local organizations. Learn more about our charitable giving at www.mynewcastle.com/about/community-support/.

Most of the year-to-date 2025 property sales locally have occurred in Waldoboro (32), Wiscasset (21), Jefferson (17), Bristol (22), and Boothbay (25). Slightly fewer sales have happened so far in Nobleboro (11), Whitefield (13), Alna (6), Boothbay Harbor (14), Dresden (9), Edgecomb (13), and Newcastle (11). Towns seeing even fewer sales include Westport Island (2), South Bristol (5), Damariscotta (8), Bremen (2), Southport (5), Somerville (3), and Monhegan Island (1).

There are currently 187 single-family homes for sale in Lincoln County (up from 149 in March), with 56% percent of those priced at or above $500,000. The 494 residential sales that have occurred in the last 365 days represent transactions in the range of under $100,000 (3%), $100,000-$249,999 (13%), $250,000-$499,999 (45%), $500,000-$999,999 (30%), and $1 million-plus (10%). Listing inventory remains low—it is a great time to sell and our brokers are ready to answer your questions about the process.

The current market absorption rates for Lincoln County homes are 1.7 months (under $100,000), 2.6 months ($100,000- $249,999), 3.7 months ($250,000-$499,999), 5.4 months ($500,000-$999,999), and 9.9 months ($1 million and up). This tells us how long it would take for existing inventories to be absorbed into the market at current rates of sales if no new listings were introduced. Newcastle Realty tracks Lincoln County and statewide sales, along with other important metrics, which keeps our brokers fully informed of current market conditions and emerging trends as they serve buyer and seller client needs. Questions or comments may be directed to Dennis Hilton, President of Newcastle Realty at dennishilton@cheneycompanies.com or 207-380-3435.

∗ Sales statistics based on information from the Maine Real Estate Information System, Inc. (d/b/a Maine Listings) for the period 1/01/2025 through 5/26/2025