Maine real estate trends: Maine home sales up 13.28 percent in January
Source: Maine Real Estate Information System, Inc. (d/b/a Maine Listings). Note: Maine Listings, a subsidiary of the Maine Association of REALTORS®, is a statewide Multiple Listing Service with over 6,300 licensees inputting active and sold property listing data. Statistics reflect properties reported as sold in the system within the time periods indicated.
Source: Maine Real Estate Information System, Inc. (d/b/a Maine Listings). Note: Maine Listings, a subsidiary of the Maine Association of REALTORS®, is a statewide Multiple Listing Service with over 6,300 licensees inputting active and sold property listing data. Statistics reflect properties reported as sold in the system within the time periods indicated.
Sales of single-family homes in Maine rose by double-digits over the past year, according to Maine Association of Realtors, in a Feb. 21 news release.
Realtors reported 853 properties changed hands in January, an increase of 13.28% over January 2024.
The median sales price (MSP) reached $385,000 in January 2025, an increase of 9.07 percent compared to January 2024. The MSP indicates that half of the homes were sold for more and half sold for less.
“Strong January numbers show continued, solid buyer interest statewide,” said Jeff Harris, 2025 President of the Maine Association of REALTORS and Broker affiliated with Harris Real Estate in Farmington, in the release. “The 853 January sales are the seventh best in 26 years.
“We are encouraged that the for-sale inventory is 16 percent higher than a year ago, and buyer demand remains high.”
The National Association of Realtors reported a 2.2 percent rise in national sales in January, while the MSP for January increased 5.0 percent to $402,000.
Regionally, sales in the northeast increased 4.2 percent and the regional MSP was $475,400, up 9.5 percent, comparing January 2025 to January 2024.
Below are two charts showing statistics for Maine and its 16 counties. The first chart lists statistics for the month of January (2024/2025), statewide. The second chart compares the number of existing, single-family homes sold (units) and volume (MSP) during the rolling quarter of November (2023/2024), December (2023/2024) and January (2024/2025).
