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Maine Home Sales Down, But Prices Stable

Maine Home Sales Down, But Prices Stable

Photo: 560 WGAN Newsradio


Home prices in Maine are holding steady, despite fewer people buying homes over the winter.
Numbers from the Maine Association of Realtors show home sales were down almost 10 percent in January from the same month last year.
The real estate group says the drop was caused by uncertainty after the government shutdown late last year, as well as by especially cold and snowy weather.
“The January statistics reflect the traditional winter hibernation of Maine’s real
estate market and the ripple effects of uncertainty of the late-2025 federal
government shutdown,” said Maine Association of Realtors president Judy Oberg.  “This January has been the coldest in years, with above normal snowfall, which has also impacted buyer and seller activity.”
The median price of a home in January rose slightly from a year ago to $389,000, which was a break from the record highs reaching $400,000 last summer.
Cumberland and York counties in southern Maine continue to have the highest price homes at over $500,000. Northern most Aroostook County continues to have the lowest priced homes, although the county saw a spike of nearly 13 percent in January.
Below is a breakdown of numbers from the  Maine Association of Realtors, including a three month rolling average for the state and each of the 16 counties.
(Maine Association of Realtors)

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