News

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)

Latest Headlines

12 hours ago in Entertainment

Actor Blake Lively and director Justin Baldoni go to New York in required effort to avoid trial

Actor Blake Lively and director Justin Baldoni came to a New York courthouse on Wednesday to see if her lawsuit alleging sexual harassment on the set of the 2024 romantic drama "It Ends With Us" could be settled before a May trial.

1 day ago in Sports, Trending

Seahawks enjoy morning beers, praise ‘best team in the world’ as Seattle celebrates Super Bowl title

Ernest Jones IV dropped a few choice words while praising his defensive teammates, his offensive line, his quarterback and the city of Seattle ahead of the Seahawks' Super Bowl victory parade on Wednesday.

1 day ago in Entertainment, Trending

James Van Der Beek, the ‘Dawson’s Creek’ star who later mocked his own hunky persona, has died at 48

James Van Der Beek, a heartthrob who starred in coming-of-age dramas at the dawn of the new millennium, shooting to fame playing the titular character in "Dawson's Creek" and in later years mocking his own hunky persona, has died. He was 48.

1 day ago in Entertainment

Oscar hopefuls including Jessie Buckley and Timothée Chalamet gather for luncheon and class picture

Nearly all of the 230 people up for Oscars across 24 categories gathered Tuesday for the Academy Award nominees luncheon, an event that functions as a celebration, group portrait session and orientation for next month's big ceremony.

2 days ago in Lifestyle

What to know about student loan repayment plans and collections

It's been a confusing time for people with student loans. Collections restarted, then were put on hold. At the same time, borrowers had to stay on top of changes to key forgiveness plans.