2017 Year End Housing Results for Greater Portland, Southern and Coastal ME
Jan 31, 2018 in Market News

The real estate markets in Maine posted phenomenal results in 2017.  Continued strong buyer demand across all market segments, regions and demographics pushed housing prices higher across the state.  


What does 2018 have in store for us?  
All signs point to continued strength and a healthy market.  Prices will most likely continue to rise and inventory will continue to remain tight.  Watch for one of the strongest springs on record once we finally thaw out up here. :)

We hope to continue to help with all your buying and selling needs and please reach out anytime!

2017 vs 2016
Median Prices
Units Sold
2017
% Chg
2017
% Chg
Southern Maine
327K
10.9%
1642
1.6%
Coastal Maine
259K
9.7%
870
-6.6%
Greater Portland
322K
6.6%
2608
-2.6%


John

Disclaimer: “Based on information from the Maine Real Estate Information System, Inc. for the period (1/1/16 through 12/31/17 ). Provided by an individual user of MREIS. MREIS has not reviewed the contents and does not make any representations, warranties or guarantees regarding the accuracy, timeliness or completeness of any statistical information and data provided.” Rev 8.06


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