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Maine Market Report Apr-23
Source: Maine Association of REALTORS®
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Maine Association of REALTORS®
reports median single-family home price up 9.3% in Apr-23 over Mar-23, sales fall to 808.
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Apr-23 Quick Facts:
- The median price of existing single-family homes increased to $370,000 up 9.3% vs Mar-23.
- Existing single-family home sales decreased -7.1% from Mar-23 for a Apr-23 total of 808 sold units.
- Condos increased in price to $425,000 up 19.7% vs Mar-23.
- Existing condo sales increased 21.1% in Apr-23 over Mar-23 for a total of 138 sold units.
Single Family Median Home Price
Apr-22 vs Apr-23
| Clarus MarketMetrics® |
5/31/2023 |
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The Number of Sold Properties by Month
Apr-22 vs Apr-23
| Clarus MarketMetrics® |
5/31/2023 |
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Apr-23 Maine Association of REALTORS® Regional Sales and Price Activity
| Maine Association of REALTORS® |
Median Price |
Percent Change in Price from Prior Month |
Percent Change in Price from Prior Year |
Total # Units |
Percent Change in Sales from Prior Month |
Percent Change in Sales from Prior Year |
| |
Apr-23 |
Mar-23 |
Apr-22 |
Apr-23 |
Mar-23 |
Apr-22 |
| MLS Wide |
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| MREIS (Single Family) |
$370,000 |
9.3% |
6.3% |
808 |
-7.1% |
-30.0% |
| MREIS (Condo) |
$425,000 |
19.7% |
20.2% |
138 |
21.1% |
-23.3% |
| |
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| MREIS Region Cities |
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| Single Family Only |
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| Auburn |
$305,750 |
18.0% |
22.3% |
8 |
-42.9% |
-33.3% |
| Augusta |
$263,250 |
18.3% |
19.7% |
10 |
-28.6% |
-33.3% |
| Bangor |
$264,900 |
-7.1% |
29.9% |
17 |
13.3% |
-26.1% |
| Bath |
$254,750 |
-25.3% |
-31.1% |
4 |
-50.0% |
-60.0% |
| Belfast |
$410,000 |
-9.9% |
-28.7% |
3 |
50.0% |
50.0% |
| Biddeford |
$575,000 |
25.0% |
53.3% |
5 |
-44.4% |
-44.4% |
| Brewer |
$209,500 |
-30.2% |
-9.1% |
2 |
-77.8% |
-75.0% |
| Bridgton |
$599,900 |
50.5% |
57.9% |
3 |
-70.0% |
-70.0% |
| Brunswick |
$536,500 |
9.9% |
3.2% |
13 |
-7.1% |
18.2% |
| Camden |
$626,500 |
9.0% |
-3.5% |
4 |
33.3% |
100.0% |
| Cape Elizabeth |
$1,190,612 |
92.0% |
47.9% |
12 |
71.4% |
33.3% |
| Cumberland |
$960,950 |
5.0% |
3.8% |
8 |
100.0% |
-42.9% |
| Ellsworth |
$189,000 |
-46.2% |
-31.6% |
5 |
25.0% |
-37.5% |
| Falmouth |
$784,000 |
-13.4% |
-31.4% |
5 |
-44.4% |
-50.0% |
| Freeport |
$769,000 |
22.6% |
-10.8% |
4 |
-33.3% |
33.3% |
| Gorham |
$485,500 |
-16.3% |
7.9% |
8 |
0.0% |
-38.5% |
| Gray |
$467,500 |
15.4% |
17.6% |
6 |
0.0% |
0.0% |
| Hampden |
$407,450 |
60.1% |
-3.0% |
6 |
50.0% |
-14.3% |
| Harpswell |
$685,000 |
74.3% |
6.8% |
5 |
25.0% |
-37.5% |
| Kennebunk |
$576,000 |
18.5% |
-5.6% |
3 |
-40.0% |
-80.0% |
| Kittery |
$857,500 |
63.3% |
67.5% |
6 |
20.0% |
-33.3% |
| Lewiston |
$280,000 |
0.2% |
5.7% |
18 |
125.0% |
20.0% |
| Lisbon |
$320,000 |
-1.5% |
8.5% |
9 |
28.6% |
12.5% |
| Naples |
$365,000 |
2.8% |
-6.4% |
5 |
-37.5% |
0.0% |
| Old Orchard Beach |
$642,500 |
97.7% |
21.2% |
12 |
300.0% |
9.1% |
| Portland |
$545,000 |
15.2% |
9.0% |
20 |
-20.0% |
-55.6% |
| Raymond |
$450,000 |
-5.3% |
15.4% |
8 |
300.0% |
60.0% |
| Rockland |
$412,500 |
39.4% |
23.1% |
6 |
-25.0% |
-33.3% |
| Saco |
$526,500 |
-16.4% |
6.8% |
14 |
55.6% |
16.7% |
| Sanford |
$297,000 |
-12.8% |
1.9% |
13 |
8.3% |
-35.0% |
| Scarborough |
$708,520 |
-13.6% |
8.7% |
19 |
58.3% |
-24.0% |
| South Portland |
$580,000 |
31.1% |
9.4% |
13 |
-18.8% |
-23.5% |
| Standish |
$466,500 |
-3.9% |
11.1% |
11 |
83.3% |
0.0% |
| Topsham |
$425,000 |
-4.5% |
9.0% |
2 |
-33.3% |
-66.7% |
| Waterboro |
$439,500 |
25.6% |
36.9% |
2 |
-33.3% |
-50.0% |
| Waterville |
$230,000 |
-3.2% |
7.0% |
11 |
37.5% |
57.1% |
| Wells |
$660,000 |
-12.9% |
28.8% |
9 |
-10.0% |
-50.0% |
| Westbrook |
$422,500 |
17.4% |
-1.7% |
8 |
14.3% |
-46.7% |
| Windham |
$545,000 |
9.0% |
16.0% |
11 |
-47.6% |
-31.3% |
| York |
$735,000 |
-62.4% |
-9.3% |
10 |
100.0% |
0.0% |
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Single Family = Single Family Waterfront Shared, Single Family Waterfront Owned, Single Family No Waterfront
Condo = Condo Waterfront Shared, Condo Waterfront Owned, Condo No Waterfront
Reports generated from Clarus MarketMetrics®
Contact your REALTOR® for additional local market trends in your neighborhood. Reports were generated from Clarus MarketMetrics®. Clarus MarketMetrics® is available as a member benefit to Maine Association of REALTORS® members. To register for an account, visit www.mainerealtors.com.
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