Spring is in full swing, and the housing market is picking up along with it. And if you’ve been wondering whether now is the right time to buy or sell, here’s the inside scoop on why this spring may be a great time to make your [...]
For the past few years, it’s been mostly a seller’s market. But dynamics are shifting as the number of homes for sale grows. And that means that the market is balancing out a bit. As a result, some sellers are finding they need to be more flexible to close a deal. One strategy that can help? Offering [...]
If you took your house off the market in late 2024, you’re not the only one. Newsweek reports that data from CoreLogic and the Wall Street Journal (WSJ) says nearly 73,000 homes were pulled from the market in December alone – that's more than any other December going all the way back to 2017 (see graph below):
Let’s connect so you have help every step along the way. Contact one of our Team Members at Cates Real Estate at 207-701-5600 or [...]
.png)
March 20, 2025 - In a press release to the media today, Maine home sales increased 6.51% compared to February 2025 to February 2024. The median sales price was $381,500, a 9.00% increase in that same time period. Knox County saw a 37% rise in number of units on the market from 2024 to 2025, while the median sales price stayed the same at $440,000. While Cumberland County saw a 19.66% increase in number of units sold in the same time period, with a 9.93% change with the median sales price increasing from $513,970 in 2024 to $565,000 in 2025. NAR reports that existing home sales were down and prices up nationally. Home sales and prices were up in the northeast, comparing February 2025 to February 2024.
source: Maine Real Estate Information System, Inc.
FMI contact Cates Real Estate 207-701-5600 | info@catesre.com
#maineassociationofrealtors #pressrelease #propertiessold #mainehousing #realestatestatistics #housingreport
The Cates-Meklin-Zontini Team Just Sold this Lincolnville cutie. But with spring right around the corner, the new listings are popping up daily. Give the team a call to learn more about the local market. Or, if you are seeking to sell your property this spring, call them a call for a market evaluation and see how the three of them can assist you in maximizing your profit this selling season.
FMI contact Natasha Zontini | natasha@catesre.com | 207-975-0206
Homeowner’s insurance is necessary to protect your most significant investment – your home. And while you never want to think about worst-case scenarios, the right coverage is your safety net if something goes wrong. Here’s how it helps you.
Step into a world of refined elegance with this exquisitely restored New Englander, where historic charm meets modern luxury in the South End of Rockland.
FMI contact Mike Miller at Cates Real Estate at 207-542-1364 | mikem@catesre.com | www.catesre.com
I just sold this Islesboro gem, but there are plenty of others on the island for those seeking island life. For more information about the ferry schedule and the Islesboro real estate market, give me a call or email me at ginnie@catesre.com
#sellmaineisland #islandlife #ginniehess #maineislands #raisingkidsonanisland #buyislandhome