Weekly Real Estate News
The uncommonly severe winter weather in Maine slowed but didn’t stop the local housing market, as 778 single-family existing homes changed hands in January, a 9.53% decline from one year earlier.
According to the Maine Association of Realtors, the decline in sales was matched by an uptick in home prices. The median sales price last month was $389,000, a 0.65% rise from the $386,500 price recorded in January 2025.
“The January statistics reflect the traditional winter hibernation of Maine’s real estate market and the ripple effects of uncertainty of the late-2025 federal government shutdown,” said Judy Oberg, 2026 president of the realtors group and an associate broker at Oberg Insurance & Real Estate Agency in Bridgton. “This January has been the coldest in years, with above normal snowfall, which has also impacted buyer and seller activity.”
