Fewer homes were sold in Maine during February while home prices continued to rise.
According to data from the Maine Association of Realtors, 691 homes were sold statewide last month, an 8.84% decrease. Amid the decline in sales activity, home prices surged by 3.47% for a median sales price of $395,000.
In comparison, February’s home sales across the Northeast were down 4.1% year-over-year while the median sales price rose by 3.3% to $479,800.
“Historically, February is the low point for annual home sales volume,” said Judy Oberg, 2026 president of the Maine Association of Realtors and associate broker at Oberg Insurance & Real Estate Agency in Bridgton. “The statistics indicate that fewer Maine households listed their homes for sale and fewer buyers went under contract during the 2025 holiday season and year-end.”
Oberg added, “We are seeing positive signs which indicate that some markets in Maine are returning to a more even footing for buyers and sellers. The data implicates that buyers and sellers are negotiating since the ‘median sold price’ statewide, and for more than half of Maine’s counties, has decreased during the rolling quarter compared to a year ago.”
