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 ConstructionGreen Homes: 
Guidelines, Builders, Green Homes
Your Homes ValueMarket Insights:
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 -  Monthly Update

Portland, Maine’s largest market for both single family homes and condos, saw an increase in single family sales after two years of consecutive declines. Condos still maintained a downward trend, but 2019 saw it capped by just one condo sale. 

The median selling price of $329,000 represented an increase of just 3.9%, much smaller than the 10.4% increase in 2018. This number represents the highest price ever recorded in Portland. 2019 was also the ninth consecutive year of increasing median selling prices.

The charts below include up-to-date 2020 monthly sales and a review of the complete years 2019 and 2018 for all types of properties.  


2020 Sales: YTD Results Through October

  Median Prices YTD
2020      |       2019
  Unit Sales YTD
2020  |  2019
  % of
List Price
 Homes   $359,950 $330,000   426 494   102.55%   6
 Condos   $345,000
  265 343   98.57%
All housing data has been compiled from research by Maine Home Connection using information from the Maine Real Estate Information System (MREIS). 


2019 Portland Real Estate Sales & Prices

  # of
  Sold Price
Median     |     Average
  Days on Mkt
Med  |  Avg
  % of
  $/Sq Foot
 Homes   596   $329,000 $396,418   9 27   99.8   $211
 Condos   387   $320,000 $388,635   21 61   99.7   $353
 Multi   126   $511,500 $552,116   11 31   98.0   $177
 Land   24   $106,400 $129,088   33 127   85.8   NA

Following last years all time high of 395 condo units sold, sales marginally declined 2.8% down to 387. The median pricing however, increased by 11%.

In many ways new construction, often at a high price-point, is creating a new market dynamic, especially as more units are completed.


2018 Portland Real Estate Sales & Prices

  # of
  Sold Price
Median     |     Average
  Days on Mkt
Med  |  Avg
  % of
  $/Sq Foot
 Homes   526   $316,250 $362,976   8 28   97.4   $199
 Condos   387   $330,000 $379,331   13 48   98.5   $333
 Multi   143   $527,500 $570,379   9 30   96.1   $177
 Land   23
  $115,000 $199,261   39 121   92.0   NA

Statewide Results:

For the fourth consecutive year, Maine home sales set a new record in 2018 as 17,983 single family homes were sold, representing an increase of 1.0% over 2017 when total volume was 17,810

The YTD (Year-to-Date) median single-family price of $215,000 represented a 7.5% increase over 2017.  Overall, pricing was up in 13 of Maine’s 16 counties, and remained consistent in two. The highest single month was May at $244,839, followed by April and then March.

Each month of 2018 was higher than 2017. Between 2007 and 2011 median prices declined each year, reaching their lowest level in 2011 at $165,000.  From 2012 onward, pricing has increased ever year, with one exception - 2014.


Portland Sales History
Year Units Price
2019 596 $329,000
2018 526 $316,500
 2017   528  $286,500
2016 629 $262,000
2015 595 $249,000
2014 551 $238,000
2013 528 $232,950
2012 428 $223,950
2011 375 $219,000
2010 400 $219,450
2009 413 $218,000
2008 406 $227,000
2007 490 $245,000
2006 570 $232,500
2005 510 $249,900

Active vs Pending Listings

Portland-Listing 2009

Months of Inventory


Portland-Inventory 2019

2019 Report
Download Market Repot

Download 2019 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 Virtual Home Buying Hyper Local Search
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 Waterfront - FAQ's
Relocation Services Relocation Package 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
Retirement in Maine Retirement Planning Retirement Communities Changing Demographics
Real Estate Investing Vacation Homes 1031 Tax Exchanges Condos and Townhomes Remodeling: Cost vs Value