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Question from Joan S, Sanford, Maine November, 2025

Answer:  Thanks for the question Joan. It’s shifting toward a more balanced market. While buyer demand remains solid, inventory is increasing — Maine listings are up about 14% compared to a year ago (MAR).  Buyers now have a bit more leverage than in the super-tight seller’s market of prior years, but good properties (well-priced, well-located) still move briskly.  Lower rates anticipated for 2026 will move buyers off the sidelines and back into the market, which may also change market dynamics throughout Maine and the country.

Question from Megan L.  Freeport, ME November, 2025

Answer:  Great question Megan.  Focusing exclusively on the Maine Market, per the Maine Association of Realtors (MAR) the median sales price (MSP) of $402,500—a slight decrease of 1.35 percent compared to September 2024. The MSP indicates that half of the homes were sold for more and half sold for less. I would say the market is stabilizing due to such a large increase in MSP over the last 5 years.

Question from John P. Saco, ME, November, 2025

Answer: As of this writing (11/20/2025) there are a total of 6316 total properties for sale on the MLS of which 5189 of those are SFH’s (Single Family homes), 640 are Condominiums and 477 are mobile homes. There are also 433 multi unit homes which may be cross listed with SFH’s or commercial properties.

Now that you have a picture of the current market here is your answer: More inventory is giving buyers more options, but it’s not a free-for-all. This type of market will give the buyer more choices, better negotiation power and longer decision windows. John-Don’t be afraid to get pre-qualified, jump off the sidelines and see what is out there.