Portland, Maine’s largest market for both single family homes and condos, has experienced high consumer demand, but sales have been restricted by low inventory levels for approximately the last three years. Total volume was down 2.2% in 2021 vs 2020, following several years of growth. Unit sales reached a high of 629 units in 2016, far and away the strongest sales year of the past decade or more.
Median selling prices have appreciated steadily for the past ten years, reaching an all-time high in 2021 at $460,000.
Market Infographic
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.
Portland Sales
Year
Units
Price
2021
562
$460,000
2020
547
$362,000
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
2021 Report Download Market Report
2021 Market Report Video
Market Snapshot
Use the chart below to review past real estate sales and statistics. Select from several important parameters to view monthly trend data for the last three years. The interactive chart can further configured by property type, county and town using the drop-down menu.
