Market Update - 2025.08

HOME SALES AND PRICES UP IN AUGUST

AUGUSTA (September 25, 2025)—Sales of single-family existing homes in Maine rose 9.96 percent, comparing August 2025 to August of last year, according to Maine Listings. Prices have also increased to a statewide median sales price of $409,450 – up 2.36 percent compared to August 2024. The MSP indicates that half of the homes were sold for more and half sold for less. 

“Potential home buyers in Maine have more options than they have had over the past five years,” says Jeff Harris, 2025 President of the Maine Association of REALTORS® and Broker affiliated with Harris Real Estate in Farmington. 

“For the sixth consecutive month, the number of homes for sale on the market has increased and the number of sales has risen. The inventory level of homes for sale is building as more sellers enter the market—currently at the highest level since October of 2020.” 

The National Association of Realtors today reported a national sales increase of 2.5 percent, comparing August 2025 to August 2024, while prices rose 1.9 percent to a national MSP of $427,800. Regionally, sales in the Northeast eased 2.0 percent and the regional MSP increased 6.2 percent to $534,200 over that same time period. 

“As the market is showing signs of shifting more into balance, consult with a REALTOR® who will help buyers respond quickly to opportunities and guide sellers on marketing and negotiating their home sale effectively,” says Harris. 

Below are two charts showing statistics for Maine and its 16 counties. The first chart lists statistics for the month of August (2024/2025), statewide. The second chart compares the number of existing, single-family homes sold (units) and volume (MSP) during the rolling quarter of June, July and August (2024/2025).

Maine Real Estate Statistics – AUGUST 2025 Housing Report 9/23/2025

Source: Maine Real Estate Information System, Inc. (d/b/a Maine Listings). Note: Maine Listings, a subsidiary of the Maine Association of REALTORS®, is a statewide Multiple Listing Service with over 6,300 licensees inputting active and sold property listing data. Statistics reflect properties reported as sold in the system within the time periods indicated. Contacts: Maine Association of REALTORS® President Jeff Harris (Harris Real Estate, Farmington) 207- 491-6001 jeffharris@harrisrealestate.net or Maine Association of REALTORS® President Elect Judy Oberg (Oberg Insurance and Real Estate Agency, Bridgton) 207-838-0059 judy@obergagency.com. For additional contacts: suzanne@mainerealtors.com