South Portland, Maine’s second largest residential market, has experienced high consumer demand. Sales have been limited by low inventory levels for approximately the last two years, and total single family volume declined 5.1% in 2021 vs 2020, following several years of sustained growth. Unit sales reached a high of 341 units in 2014.
Median selling prices have appreciated steadily for the past ten years, reaching an all-time high in 2020 at $401,500.
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.
South Portland Sales
Year
Units
Price
2021
296
$401,500
2020
311
$362,000
2019
294
$315,750
2018
311
$290,000
2017
302
$261,500
2016
310
$252,750
2015
331
$231,000
2014
341
$224,278
2013
314
$215,500
2012
341
$217,000
2011
208
$197,000
2010
230
$205,000
2009
230
$199,000
2008
195
$210,000
2007
207
$218,000
2006
314
$226,000
2005
340
$221,500
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.