November Maine real estate home prices ease, sales decrease: All attributed to federal government shutdown
In a Dec. 19 news release from the Maine Association of Realtors, the median price of homes in Maine dropped from the state's historic highs.
According to Maine Listings, realtors across the state reported 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. (See chart below)
Maine Listings is a subsidiary of the Maine Association of Realtors, and is a statewide Multiple Listing Service with over 6,300 licensees inputting active and sold property listing data, the Association said.
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,” said 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," he said "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."
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,” said 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).
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. All statistics are point-in-time data collected on the seventh business day of each month. All data may reflect late reporting of sold data from a prior period.

