Top Large Teams in Maine – Ranked by Sides

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    • Rank – State SidesTeam NameCompanyLocationSidesProfile
    1Your Home Sold Guaranteed Realty – Laflin & Wolfington TeamYour Home Sold Guaranteed RealtyFarmingdale, ME 387.0View Profile
    2Anne Erwin Sotheby’s International RealtyAnne Erwin Sotheby’s International RealtyYork, ME 158.0View Profile
    3Scott and Sunny Townsend TeamKeller Williams Greater PortlandPortland, ME 122.5View Profile
    4The L’Heureux Real Estate GroupKeller Williams Greater PortlandPortland, ME 80.0View Profile

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    2022 Market Summary

    Maine started 2022 with a total of 1,668 single-family homes on the market, with a median home price of $299,477 and an average price per square foot of $253. By the end of the year, inventory had decreased to 1,595 homes on the market (-4%), with a median home price of $369,500 (+23%) and an average price per square foot of $272 (+7%).

    At the start of 2022, the median days on market (DOM) was 91 days – by the end of the year, median DOM had remained the same at 91 days.

    Maine started the year with 21% of homes taking a price cut (for reference, 35% is the national average for price reductions in a ‘normal’ year.) By the end of the year, about 31% of Maine homes for sale had taken a price cut.

    Finally, Altos’ proprietary Market Action Index (MAI) shows that Maine started 2022 as a seller’s market, with an MAI score of 44; by the end of the year, the MAI had dropped to 35 – a slight seller’s advantage.

    This market summary is powered by Altos Research – click here to run a free report for your area.

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