Wondering what to expect from the housing market in 2026? You’re not the only one. For the past few years, affordability has been the biggest barrier standing between most people and their next move. And a lot of buyers and sellers have been holding their breath waiting for things to get better. The good news? It’s finally [...]
Wondering what to expect from the housing market in 2026? You’re not the only one. For the past few years, affordability has been the biggest barrier for most people to their next move. Many buyers and sellers have been holding their breath, waiting for conditions to improve. The good news? It’s finally [...]
Summary of charts showing median sales prices for Maine SFR and condo sales for 2025 as follows as of January 2, 2026::
*Based on stats from Maine Real Estate Info Systems, inc., dba, Maine Listings
If a move is on your radar for 2026, there’s a lot more working in your favor than there has been in a while.
After a stretch where many people felt stuck, 2026 is shaping up to be a year with more balance, more options, and more clarity for people who want to make a move. Not because the market is suddenly “easy,” but because several [...]
If you’re trying to decide if you’re ready to become a homeowner in the next twelve months, there’s probably a lot on your mind. You’re thinking about your finances, today’s mortgage rates, home prices, the current state of the economy, and more. And, you’re juggling how all of those things will impact the choice you’ll make. It’s a [...]
According to the Maine Real Estate Information System, Inc. (DBA Maine Listings), sales in Rockland for October had a median sale price of $392,500, compared to the Knox County median of $518,000. The median days on market for Rockland home sales was 42 compared to 30 days for Knox County. The sold price per square foot was $267 compared to the County median of $300.
If you are looking for professional advice for buying or selling your next home, give us a call at 207-701-5600 or email us at info@catesre.com
Here’s something you should know before you sell your house. The homeowners who win in today’s market aren’t the ones waiting it out or stepping back. They’re the ones who adapt from the [...]
After several years of high mortgage rates and hesitation from buyers, momentum is quietly building beneath the surface of the housing market. Sellers are reappearing. Buyers are re-engaging. And for the first time in what feels like forever, there’s movement happening [...]
A lot of buyers are stuck in “wait and see” mode right now. They’re watching rates hover a little above 6% and thinking, I’ll buy once they hit the 5s. Because who doesn’t want a better [...]
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The Maine housing market demonstrated a notable increase in sales activity from September 2024 to September 2025, with home sales rising by 5.12%. This positive momentum in transaction volume comes amid a slight moderation in the median sales price (MSP), which decreased by 1.35% during the same period, settling at $402,500.
This local trend in Maine contrasts somewhat with national and regional data, as the National Association of Realtors (NAR) reported an upward trajectory in existing home sales and prices across both the nation and the Northeast for the identical September 2024 to September 2025 timeframe. While Maine's sales growth aligns with the broader positive sentiment, its slight dip in median price presents a unique dynamic within the larger market context.
The 5.12% increase in home sales in Maine indicates a robust demand and continued interest from buyers in the state's diverse housing offerings. This could be attributed to a variety of factors, including the state's quality of life, economic stability, and evolving demographics. The willingness of buyers to engage in transactions suggests a degree of confidence in the long-term value of homeownership in Maine, even as affordability remains a key consideration for many.
Conversely, the 1.35% decrease in the median sales price, while modest, warrants careful observation. This slight adjustment could indicate a market recalibration, driven by increased inventory, shifts in the types of homes sold, or prevailing interest rate conditions that may be influencing buyer purchasing power. It could also suggest that, while demand remains strong, sellers are adjusting their expectations to align with market realities. This position Maine as a more balanced market, offering increased transaction opportunities without the rapid price escalation seen in some other regions.