Maine Listings

Price Reset | 138 Hewes Point Road, Islesboro

 

The Artist Cottage is nestled unseen from the road on 1.5± acres with 150+/- feet of tidal waterfront on Islesboro Harbor offering stunning views of Islesboro Harbor, Bounty Cove, and the narrows. This charming seasonal cottage is located in the desirable and seldom available mid-island neighborhood of Hewes Point, near Maddie Dodge [...]

30 Linden Street Rockland SOLD

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Mike Miller, Broker at Cates Real Estate, proudly brokered the sale of 30 Linden Street. Where the world of refined elegance with this exquisitely restored New Englander, where historic charm meets modern luxury. Nestled just 800 feet from South Beach, this distinguished residence offers a lifestyle of sophistication and ease, mere moments from Rockland's vibrant downtown and working waterfront. The new owners are sure to enjoy every moment spent here!
To learn more about the Rockland market, speak with an area expert, give Mike a call at 207-542-1364 or email at mikem@catesre.com

New Listing in Ferry Village | Welcome to 25 Preble Street

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25 Preble Street is 

25 Preble Street is a charming two-bedroom, two-bath New Englander built for comfort. Out the front steps it is a short one mile walk to Willard Square, where the walk is worth the reward! Home to Willard Scoops and Scratch Bakery! Also enjoy neighboring parks, the Green Belt, Bug Light State Park, Knightville and a stroll over the bridge to the Old Port.

FMI or to set up a private showing, contact Kerry Lee Hall or Aimee Ramirez at kerry@catesre.com 

JUST SOLD | 421-423 Main Street, Rockland

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Mixed-use property in the heart of downtown Rockland. This beautiful brick building featured two professional office spaces, two apartment units, and a luxurious owner's suite with a birds-eye harbor view.

Looking for an investment property in the Midcoast? Call the Team of Martin Cates, Elaine Meklin, and Natasha Zontini to learn more. 207-596-3380 - Martin, 207-691-0959 - Elaine 

#midcoastproperties #rocklanddowntown #investmentproperties #professionalofficespace #luxuriousownersuite #mixeduse #uniqueopportunities

Price Reduction | 454 N Parish Road, Turner | Investors Take Note

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Jeff Harris of Harris Real Estate, the 2025 president of the Maine Association of Realtors, tells Fortune, "Maine has some of the oldest housing stock in the country, with 35% built before 1960—23% before 1940. Because of the lack of housing and affordability, renovating existing housing is a wise and feasible pathway to homeownership.”

source: Fortune magazine, February 24, 2025

It's springtime in Maine and it's the perfect time to purchase this fixer-upper in Turner Maine. The work has been started and it is awaiting your dreams and finishing touches. Renovate the first floor and live there while you tackle the rest. Plenty of room to grow with over 3000 square feet of living space. Come explore the possibilities. 

Call today to learn more. FMI contact Kerry Lee Hall at kerry@catesre.com | 207-691-8008 

Market in Review: February 2025

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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

 

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 info@catesre.com. 

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