Top Large Teams in Maine – Ranked by Sides

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Rank – State SidesTeam NameCompanyLocationSidesProfile
1Your Home Sold Guaranteed Realty – Laflin & Wolfington TeamYour Home Sold Guaranteed RealtyFarmingdale, ME 387.0View Profile
2Anne Erwin Sotheby’s International RealtyAnne Erwin Sotheby’s International RealtyYork, ME 158.0View Profile
3Scott and Sunny Townsend TeamKeller Williams Greater PortlandPortland, ME 122.5View Profile
4The L’Heureux Real Estate GroupKeller Williams Greater PortlandPortland, ME 80.0View Profile

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2023 Maine Housing Market Summary

Maine started 2023 with a total of 1,453 single-family homes on the market, with a median home price of $364,900 and an average price per square foot of $263. By the end of the year, inventory had increased to 1,836 homes on the market (+26%), with a median home price of $412,950 (+13%) and an average price per square foot of $307 (+16%).

At the start of 2023, the median days on market (DOM) was 91 days – by the end of the year, median DOM had decreased to 77 days.

Maine started the year with 30% of homes taking a price cut (for reference, 35% is the national average for price reductions in a ‘normal’ year.) By the end of the year, about 32% of Maine homes for sale had taken a price cut.

Finally, Altos’ proprietary Market Action Index (MAI) shows that Maine started 2023 as a strong seller’s market, with an MAI score of 50; by the end of the year, the MAI had dropped to 35 – a slight seller’s advantage.

This market summary is powered by Altos Research – click here to run a free report for your area.

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Maine News

LandVest expands into coastal towns in Maine and New Hampshire 

May 25, 2023By

LandVest | Christie’s International Real Estate has expanded into the coastal towns of Portsmouth, New Hampshire and York Harbor, Maine.