Top Medium Teams in Maine – Ranked by Volume

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    • Rank – State VolumeTeam NameCompanyLocationVolumeProfile
    1The David Banks TeamRE/MAX By the BayPortland, ME$251,304,816View Profile
    2The Hatcher GroupKeller Williams Realty Greater PortlandPortland, ME$58,364,514View Profile
    3The Marc Gup TeamKeller Williams Greater PortlandPortland, ME$53,784,530View Profile
    4Team LetellierRE/MAX Realty OneBiddeford, ME$44,236,950View Profile
    5Home Sweet MaineKeller Williams Greater PortlandPortland, ME$42,036,999View Profile
    6The Young-Fish TeamNextHome ExperienceBangor, ME$39,781,441View Profile
    7Tru Brit Realty Group of Saxby, Meek and CowardKeller Williams Greater PortlandPortland, ME$35,556,275View Profile
    8DomaineKeller Williams Greater PortlandPortland, ME$33,136,121View Profile
    9The Manchester TeamKeller Williams Greater PortlandPortland, ME$30,348,056View Profile
    10Bisson Real EstateKeller Williams Greater PortlandPortland, ME$30,172,150View Profile
    11The Deja Lett TeamKeller Williams Greater PortlandPortland, ME$26,286,697View Profile
    12Live Maine TeamRE/MAX InfinityDexter, ME$26,042,857View Profile
    13The Bush GroupNextHome ExperienceBangor, ME$25,948,900View Profile
    14DuBois Realty GroupKeller Williams Greater PortlandPortland, ME$25,904,804View Profile
    15The Ireland GroupRE/MAX CollaborativeLincoln, ME$25,728,107View 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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