Monthly Home Sales Report for Portland and Southern Maine provided by Maine Home Connection
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Maine Home Sales Statistics

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Maine Home Connection is the only greater Portland real estate agency updating monthly home sales statistics on a regular basis.  Use the lins below to view the most current results by town.

Or download the most recent annual or quarterly report.

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2019 vs 2018 Sales Results

January Results

Maine home sales and prices spiked dramatically in January, propelling the month to a record sales level.
Statewide sales rose 28% comparing January 2019 to January 2020.  The median selling price (MSP) of $220,900 represented at 10.5% increase over the prior years.

While the number of sales marked a record for the month of January and was at the highest level in over a decade, sales during January 2019, and to some degree the first quarter, were unusually soft - thus artificially inflating the percentage increase in 2020.
Nonetheless, there’s little indication that the market will cool from its current surge. Interest rates look like they will stay low and a tight inventory of homes for sale will build a strong floor under prices.

The median number of days on the market in Cumberland County declined over 30% for the month to 26, suggesting that buyers know they need to act quickly if they find a home they like. Based on an increase in visits to the company website ( over the fourth quarter of 2019 and into the new year, it is clear that buyers are in the market and looking for properties that meet their needs.

Regional & National Results

Maine sales results exceeded growth in the market nationally in percentage terms. Sales nationally rose 9.7% in January compared to the same month a year earlier and the median sales price increased 6.9% $268,600. Regionally, sales in the Northeast increased 7.4% and the median sales price rose 11.5% to $312,100 in January 2020 compared to a year ago..

 Infographic - January 2020 
Town Report - January 2020

Cumberland County Prices and Sales



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