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 Real Estate

Homes Sales Results

Portland real estate sales in 2013 continued a trend of sustained improvement - yet were still below the historic high level established in 2005, when 570 single family homes were sold.

2013 Single family home sales of 528 exceeded 2012 results by 100 units, reflecting a significant increase of 21.3%.  This is the largest annual increase since 2006 and the second highest sales level of the past decade.  These results exceed sales improvements for both Cumberland County and the entire state of Maine. The median selling price also improved to $232,950, representing a healthy increase of 4.0%.  2013 reflected the third consecutive year of increased in selling prices, and reached the highest level since 2007.

During 2013 the market for condos followed a pattern similar to single family homes.  Unit sales increased dramatically, as 297 unit sales represented an increase of 30.3%.  The median selling price, however, declined a modest .5%, as the mix of properties sold was slightly skewed to lower-priced properties.  Not surprisingly, condo sales were 93% of original list price, giving further evidence to higher inventory levels and vigorous competition.

Land sales declined slightly as 10 parcels were sold at a median price of $111,025, representing only 10% of the entire Portland market.  Multi-family properties also declined slightly (2.5%).  The most common multi-family property sold in 2013 were units with 2 to 3 bedrooms, a 81% of the market.


2013 Portland Real Estate Sales & Prices


# of

Sold Price
Median     |     Average

Days on Mkt
Med  |  Avg
 % of
 Homes 528
 $232,950$264,345 32
 96.5 55.4
 Condos 297 $200,000$231,974 32
 93.0 31.2
 Multi 118
 $308,750$328,344 27
 94.4 12.4
 Land 10
 $111,025$187,845 114

Across the state of Maine single family home sales were up 13.6% in 2013 versus 2012.  Pricing also was up 2.9%, reflecting a trend of sustained improvement over the last two years. Cumberland County sales volume improved 15.6% while pricing improved dramatically at 7.1%.

Portland is the largest real estate market in the state, and the city’s single family home sales results for 2013 compare favorably to sales activity at the county and state level.  

2014 Compared to 2013 - YTD Sales Results

The Portland real estate market, like all markets across the country, is affected by many factors.  It is a relatively small market and often month-to-month results yield wide fluctuations.  Reviewing sales data on a YTD comparison attempts to moderate the affects of seasonality, cyclicality and macroeconomics. 


2014 vs 2013 Sales - YTD Results ThrougDecember


Median Prices YTD
2014       |       2013
 Unit Sales YTD
2014  |  2013


 Homes $238,000$232,950 550528
 125 52.8
 Condos $261,000$200,000 362
All housing data has been compiled from research by Maine Home Connection using information from the Maine Real Estate Information System (MREIS).


Addtional Portland Sales Information 

 Footer-Bird2011 Portland Sales Report (Comparison to 2010)
Maine Home Sales Update 2010
 Footer-Bird2010 Portland Sales Report (Comparison to 2009)
 Footer-Bird2012 Maine Sales Report (Selected Cities & Counties)
 Footer-Bird2011 Maine Sales Report (Selected Cities & Counties)
 Footer-BirdSales Report Archives (Past Reports & Downloads)
Portland Sales History

Single Famliy Homes

Click to View Portland 2013 Sales

2013 Graphs-Portland Prices

Interactive Map
Sales Results

Tableau Map

Click to View

Custom Portland Search
All Properties


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