Sales of single-family existing homes in Maine rose 9.96 percent, comparing August 2025 to August of last year, according to Maine Listings. Prices have also increased to a statewide median sales price of $409,450 – up 2.36 percent compared to August 2024. The MSP indicates that half of the homes were sold for more and half sold for less.
For the sixth consecutive month, the number of homes for sale on the market has increased and the number of sales has risen. The inventory level of homes for sale is building as more sellers enter the market—currently at the highest level since October of 2020.
During 2025, Maine’s statewide real estate market continues to see inventory grow gradually. The 4,705 homes for sale in July was the highest number in 45 months. However, unit sales continue to increase as well, keeping Maine’s for-sale inventory at a 3.2-month supply level.
A ‘balanced market’ for both buyers and sellers is a 6-month supply level. The National Association of Realtors today reported a national sales increase of 2.5 percent, comparing August 2025 to August 2024, while prices rose 1.9 percent to a national MSP of $427,800. Regionally, sales in the Northeast eased 2.0 percent and the regional MSP increased 6.2 percent to $534,200 over that same period.
Our company continues to excel with a full staff of exceptional local agents who know the market. We are proud to remain a leading real estate firm in Lincoln County as we serve buyers and sellers. As of the date of this report, our brokers have assisted 110 families with a total sales volume of $52,762,062 with $11.6 million in sales since last month alone! As a locally owned company, Newcastle Realty is committed to supporting our local communities and families. Through our Charitable Giving and Community Outreach committee, a portion of every transaction is invested back into Lincoln County. Over the past 30 years, we have donated over $470,000 and hundreds of hours to local organizations. Learn more about our charitable giving at https://mynewcastle.com/about/community-support/.
Most of the year-to-date 2025 property sales locally have occurred in Waldoboro (64), Wiscasset (49), Jefferson (41), Bristol (61), and Boothbay (47). Slightly fewer sales have happened so far in Nobleboro (28), Whitefield (28), Damariscotta (24), Boothbay Harbor (38), Dresden (21), Edgecomb (24), and Newcastle (24). Towns seeing even fewer sales include Westport Island (8), South Bristol (11), Alna (10), Bremen (6), Southport (15), Somerville (9), and Monhegan Island (3).
There are 203 single-family homes for sale in Lincoln County (down from 215 in August), with 57% percent of those priced at or above $500,000. The 538 residential sales that have occurred in the last 365 days represent transactions in the range of under $100,000 (3%), $100,000-$249,999 (12%), $250,000-$499,999 (43%), $500,000-$999,999 (30%), and $1 million-plus (11%). Listing inventory remains low—it is a great time to sell and our brokers are ready to answer your questions about the process.
The current market absorption rates for Lincoln County homes are 1.4 months (under $100,000), 1.9 months ($100,000-$249,999), 3.9 months ($250,000-$499,999), 5.0 months ($500,000-$999,999), and 9.9 months ($1 million and up). This tells us how long it would take for existing inventories to be absorbed into the market at current rates of sales if no new listings were introduced.
Newcastle Realty tracks Lincoln County and statewide sales, along with other important metrics, which keep our brokers fully informed of current market conditions and emerging trends as they serve buyer and seller client needs. Questions or comments may be directed to Dennis Hilton, President of Newcastle Realty at dennishilton@cheneycompanies.com or 207-380-3435.
∗ Sales statistics based on information from the Maine Real Estate Information System, Inc. (d/b/a Maine Listings) for the period 1/01/2025 through 9/25/2025.
