Maine Real Estate Report
Home Sales Statistics & Trend Reports
The 2021 housing market in Maine and across the country was one for the history books. Nationally, sales of existing homes reached their highest level in 15 years with 6 million homes sold in 2021(according to statistics provided by NAR). Sale prices reached new heights, inventory hit rock bottom, and homes sold in record – often for well above asking price. Mortgage rates, which began the year at historic lows, remained attractive and homeowners who choose to sell in the coming months can expect so see plenty of buyer activity due to pent-up demand.
In Maine, fervent buyer demand, driven by pandemic-induced changes to housing needs and preferences (including unprecedented relocation to the state), reach extraordinary levels in 2021. Single family home sales reach 20,888 units, representing a 1.9% increase over 2020. This was the tenth consecutive year home sales set a record. The median selling price was up 24.1% reaching a record high of $330,000
2021 Year End Report
Below you will find our annual year end sales video that highlights market activity statewide. You can also download a complete copy of the report as well.
|
Interactive Maine Sales Statistics
The chart below is a single-page deep dive of Maine real estate activity. Use the filter along the top to identify property types, counties and towns. The far-right column is the most recent month. Just to the left of that is the percentage change from the prior month. The far-left column is percentage change from the same month of the prior year.
The sparkline is the 13-month window from the same month of the prior year to last month.
|