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February 2024 Market Update

Buyers across the state continue to be met with lower-than-average for sale inventory. Statistics shared by Maine Listings indicate a 1.98 percent decrease in sales while the median sales price (MSP) increased 8.62 percent - reaching $353,000.

While Maine home prices continue to rise and inventory continues to fall, those trends are slowing

Data from Maine Listings shows the median sales price of a single-family home hit $353,000 in January, up 8.6% from $325,000 in January 2023.

Maine home prices continue to climb

Maine home prices continue to climb
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