Sun Dec 10 2023
This week the median list price for Maine, ME is $425,000 with the market action index hovering around 43. This is less than last month's market action index of 44. Inventory has held steady at or around 2,069.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
|Median List Price||$425,000|
|Median Price of New Listings||$375,000|
|Per Square Foot||$240|
|Average Days on Market||97|
|Median Days on Market||63|
|Slight Seller's Advantage|
Each segment below represents approximately 25% of the market ordered by price.
|Median Price||Sq. Ft.||Lot Size||Beds||Bath||Age||New||Absorbed||DOM|
|$1,198,750||2,996||1 - 2.5 acres||4||3||34||18||62||77|
|$529,000||1,994||1 - 2.5 acres||3||2||41||42||81||56|
|$339,000||1,575||1 - 2.5 acres||3||2||53||52||89||56|
|$182,000||1,242||0.5 - 1 acre||3||1||76||43||53||63|