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Maine homebuyers challenged as prices stay high

A small statewide inventory, high buyer demand and rising interest rates keep the pressure on an already hot housing market.

Cumberland countyUnited statesOxford countyYork countySagadahoc countyMichael thomasTom landryDerek goffCarmen mcphailKeller williamsJack lindamoodFreddie macEden martinMaine association of realtorsA press heraldNational association of realtors

Real estate market seeing some changes, but inventory remains key to easing

June figures from the Maine Association of Realtors show more homes are on the market, while home prices remain high.

Cumberland countyUnited statesNew hampshireAndroscoggin countyMatthew mocciolaShaquille alstonBrittney mooreMichelle gosselinDana curtisElaine pratteCarmen mcphailKeller williamsJennifer sumrallAssociates in auburnKylie bureau of keller williamsHearth key realty

Real estate market seeing some changes, but inventory remains key to easing

June figures from the Maine Association of Realtors show more homes are on the market, while home prices remain high.

Androscoggin countyUnited statesCumberland countyNew hampshireDana curtisJennifer sumrallBrittney mooreMichelle gosselinShaquille alstonCarmen mcphailKeller williamsElaine pratteMatthew mocciolaHearth key realtyA press heraldAssociates in auburn

Maine home prices remain high, despite increasing inventory

It's not yet clear if the resurging supply of homes for sale will be enough to meet the steadily increasing demand, experts say.

Cumberland countyUnited statesCarmen mcphailMaine association of realtorsNational association of realtorsMaine associationNational association

Home values up 6 5% in Maine; sales decreased 19 24% in June

The availability of single-family existing homes for sale across the state of Maine remains tighter than normal, however there are positive signs on the horizon. Home values rose 6.45% in June 2023 compared to June 2022, reaching a median sales.

United statesCarmen mcphailNational association of realtorsMaine real estate information system incMaine associationListing servicePaul mckee keller williams realtyUnited country lifestyle properties of maineAssociate brokerUnited country lifestyle propertiesNational associationMaine real estate information systemMaine listingsMultiple listing servicePresident elect paul mckeeKeller williams realty

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