Cates Real Estate Team

Maine Listings Single Family Home Sales Q4

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Based on information gathered from Maine Real Estate Information System, Inc., the median sales price of a single-family home in Maine for Q4 2023 was $395,000, up 9.34% from last year. The number of units sold also went up 7.7% from Q4 2024 vs 2023. 

If you are thinking about moving and unsure where to begin, call us today at 207-701-5600 or email us at [email protected]

 

Where Did Single Family Buyers Come From in 2024?

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Evaluating single-family residential sales in the State of Maine from January 1, 2024, through December 31, 2024, most buyers came from within the State of Maine, with 69.27% of all purchases, equating to 9,897 homes sold last year. Ranking second are out-of-state buyers from Massachusetts, 8.71%; New Hampshire, 4.11%; Florida, 2.21%; and New York, 1.41%. 

Thinking about "right-sizing" as your current situation is not working for you, or perhaps it's time to move closer to your loved ones, call us today at 207-701-5600 or email us at [email protected]. 

Where Did Maine Buyers Come From in 2023?

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In 2023, most buyers who purchased a single family residential dwelling came from within the State of Maine. This accounts for 67.87% of homes transferred to fellow Mainers who were downsizing, upsizing, and rightsizing. This compares to Q4 statistics that showed 68.8% of purchases were Mainers.

FMI contact a lifestyle expert at Cates Real Estate | 207-701-5600 | [email protected] | www.catesre.com

 

 

PaintCare | Disposal Options for Household Hazardous Waste

As a REALTOR, we understand the importance of maintaining a safe and healthy home environment for our clients. However, one aspect of home ownership that often gets overlooked is the proper disposal of household hazardous waste. From cleaning supplies to old paint cans, household hazardous waste poses a risk to both human health and the [...]

Best of the Best

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We are humbled with the recognition of being Best of the Best, for the sixth straight year. Some may ask what makes Cates Real Estate the best and in asking the team of agents and in asking the community, it is without doubt that the personal connection that the Cates team has with their clients they serve is top notch service. Customers may walk in the door as strangers but at the end of the transaction they are friends in the community! 

 

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