Should you wait until next year to buy?
Find out here

Contact

The Common at 88 Middle Street, Portland ME 04101 | 75 Clearwater Drive, Suite 204, Falmouth ME 04105 | 875 Greenland Road, Unit B9, Portsmouth NH 03801
207.553.7500 | 603.431.1111 [email protected]
Do you want content like this delivered to your inbox?
Share

Monthly Market Report


Share

August 2022 Portland Market Update

Derrick Buckspan

With over 19 years of experience in real estate and a background in building teams, Derrick and his teams continue to achieve award winning success fo...

With over 19 years of experience in real estate and a background in building teams, Derrick and his teams continue to achieve award winning success fo...

Sep 8 1 minutes read

If you’re thinking about selling your home or buying a home, it's important to have a good understanding of what’s going on in the Portland Maine market.

Knowing the most important data such as the average sales price, number of homes sold, and days on market will help you understand changes in the market.

Our market report showcases everything you need to know about local real estate trends.

500

New Listings

741

Active Listings

440

Under Contract

501

Closed Sales


Homes Sold

-19.3%

Median Sale-to-List Price Ratio 

+1.7%

$489,000

Median Sale Price

1.6

Months of Supply

-39.4%

Inventory Change

7

Median Days on Market

Curious about what
your home is worth now?

Get an accurate home value report from our team. 

We use cookies to enhance your browsing experience and deliver our services. By continuing to visit this site, you agree to our use of cookies. More info