Portland Maine Real Estate | Recent Home Sales and Pricing Reports
Maine Home Connection
Home Home About Us About Us Contact Us Contact Us
Buyers Sellers Stats Maine Blog Properties
Explore Communities
Search All Properties
Weekly Open House
Local Lifestyle Videos
Your Home's Value
Waterfront Real Estate
Relocation Services
Featured Listings
Home Finance & Mortgage
Retirement in Maine
Real Estate Investing
Featured Properties
Enter a keyword to search the site

Features & Services
Your Home's Value
My Home's Value:
Receive a Report of  Your Home's Value 
New ConstructionNew Construction: 
Guidelines, Builders, Green Homes
Your Home's ValueMarket Conditions:
Current Home Sales Reports & Statistics 
Sold PropertiesSold Data:
View All Recent Home Sales History
Left-MarketingHome Marketing:
Maximum Exposure© Home Marketing 
...Manage Your Account
Existing Users:
Login with your email address only
Existing UsersNew Users: 
Simple signup to view   all Maine properties.
Contact Us
Contact Us:  
Call or email us with your questions.
Newsletter Signup

Portland Maine Market Report

Home Sales Statistics & Results -  2017

Portland is the largest real estate market in Maine, for both single family homes and condos.  The overall market has been strong for several years and in 2016 a record 629 single family homes were sold. This represented a 5.5% increase over 2015.

The median selling price of $262,000 increased 4.9%, consistent with the results for all of Maine and represented the highest price ever recorded in in Portland. 2016 was also the sixth consecutive year of increasing median selling prices.

The charts below include up-to-date 2017 monthly sales and a review of the complete years 2016 and 2015 for all types of properties. 


2017 Sales: YTD Results Through December  


Median Prices YTD
2017      |       2016 
 Unit Sales YTD
2017  |  2016 


 Homes $286,000$262,000 529629 86 73
 Condos $296,500$269,750 394
350 73 97
All housing data has been compiled from research by Maine Home Connection using information from the Maine Real Estate Information System (MREIS). 


2017 Portland Real Estate Sales & Prices


# of

Sold Price
Median     |     Average

Days on Mkt
Med  |  Avg
 % of
 $/Sq Foot
 Homes 529 $286,000$333,336 1134 99.2 $212
 Condos 395
 $297,000$359,057 1963 99.8 $342
 Multi 155 $460,000$458,213 1037 98.9 $170
 Land 24 $120,000$152,563 158245 92.4 NA

Following several years of dramatic growth, especially in new construction, condo sales declined marginally in 2016 as 349 units were sold compared to 361 in 2015. While overall median pricing increased 7.3%%, the pricing of resale units did show price improvement year-over-year, and has continued to increase since 2012. In many ways new construction, often at a high price-point, is creating a new market dynamic, especially as more units are completed.


2016 Portland Real Estate Sales & Prices


# of

Sold Price
Median     |     Average

Days on Mkt
Med  |  Avg
 % of
 $/Sq Foot
 Homes 629 $262,000$306,926 1244 98.4 $193
 Condos 349
 $269,550$313,912 1858 98.6 $280
 Multi 147 $380,800$419,432 1243 98.6 $158
 Land 27
 $115,000$254,870 48130 92.9 NA

Statewide Results:

Maine home sales set a new sales record in 2016 as 17,632 single family homes were sold, representing an increase of 11.1%. Sales in both Cumberland and York counties established new records as well, up 2.5% and 11.2% respectively. All of Maine’s 16 counties experienced increases in 2016 vs 2015.  Across the state total sales volume has improved each year from 2011 to 2016.

The median single family price of $189,000 represented a 5.0% increase over 2015 and was at its highest year-end level since 2007, when $194,000 was achieved. Overall, pricing was up in 12 of Maine’s 16 counties. The highest single month was June at $199,000. Between 2007 and 2011 median prices declined each year, reaching their lowest level in 2011 at $165,000.  From 2012 onward, pricing has increased each year, with the exception of 2014,

Portland Sales History
   2017    529  $286,000
2016629 $262,000
2013528 $232,950
2008406 $227,000
2007490 $245,000

Maine Property Sales


Sales-ME2016-Condo Units

2016 Report
Download Market Repot

2016 Market Report



Buying Your Home Heart and Mind Buyer Agency
Exclusive Services Agency Relationships Title Insurance
Home Buying Process Advice and Strategy
Affect of the Economy Determining A Price First Time Buyers Viewing Homes Second Homes Home Search Strategy Waterfront Real Estate
Common Forms
Selling Your Home Your Home's Value Home Marketing
Digital Photography High Definition Video Property Storyboard Virtual Staging Internet Marketing
Pricing Factors Advice and Strategy
Counteroffers Establishing a Price Listing Agreements Feng Shui Principles Considering Repairs Value of Improvement Choosing A Realtor Common Mistakes
Home Selling Process
Maine Maine History Maine Geography Maine Economy Maine Demographics Maine Education Maine Climate Maine Beaches
Maine Real Estate Blog
Search for Properties Hyper Local Search Preset Local Searches
Maine Communities Portland South Portland Scarborough Falmouth Cape Elizabeth Cumberland Yarmouth Old Orchard Beach Freeport Harpswell
Search For Homes Maine Map Search Detailed Property Search Search By Address Search By MLS Number
Open House
Local Lifestyle Videos
Home Valuation
Waterfront Real Estate Coastal Maine
Maine Coastal Properties
Maine Lakes
Maine Lake Properties
Maine Rivers Casco Bay Islands
Peaks Island Chebeague Island Great Diamond Island Long Island Cliff Island Cushing Island
Waterfront - FAQ's
Relocation Services Relocation Package Area Digital E-Guide Maine Counties Quality of Life Education and Schools Art and Culture Property Tax Rates Common Relocation FAQs Moving Long Distance
Mortgage Center Mortgage Types Credit Scoring Fee & Closing Costs Mortgage FAQs Tax Credit
Retirement in Maine Retirement Planning Retirement Communities Changing Demographics
Real Estate Investing Vacation Homes 1031 Tax Exchanges Condos and Townhomes Remodeling: Cost vs Value