February home sales statistics in Maine showed an increase in sales, prices, and homes available, according to the March 20 report of the Maine Association of Realtors.

According to Maine Listings, sales of single-family existing homes increased 6.51 percent in February 2025 compared to February 2024. Realtors reported that 753 homes closed across the state, and the median sales price for those sales reached $381,500 — a rise of 9.0 percent. The MSP indicates that half of the homes were sold for more and half sold for less.

“Maine’s real estate industry showed continued improvement in February,” said Jeff Harris, 2025 President of the Maine Association of Realtors and broker affiliated with Harris Real Estate in Farmington, in the March news release. “For-sale listings are up 14 percent and sales are up 6.51 percent over a year ago February. The 753 sales reflect the ninth best month since the year 2000."

He added: “We’re seeing an increased number of homes on the market statewide, mortgage rates have ticked downward, and in some markets, price growth has moderated, increasing the purchasing power of buyers.”

The National Association of Realtors reported a 0.3 percent decrease in sales in February 2025 compared to February 2024. Home prices increased 3.7 percent to a national MSP of $402,500. Regionally, sales in the Northeast were up 4.2 percent in February, while the regional MSP of $464,300 indicates an increase of 10.4 percent over February of a year ago.

The two charts show statistics for Maine and its 16 counties. The first chart lists statistics for the month of February (2024/2025), statewide. The second chart compares the number of existing, single-family homes sold (units) and volume (MSP) during the rolling quarter of December (2023/2024), January (2024/2025) and February (2024/2025).