Top Medium Teams in Maine – Ranked by Volume
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|Rank – State Volume||Team Name||Company||Location||Volume||Profile|
|1||The David Banks Team||RE/MAX By the Bay||Portland, ME||$251,304,816||View Profile|
|2||The Hatcher Group||Keller Williams Realty Greater Portland||Portland, ME||$58,364,514||View Profile|
|3||The Marc Gup Team||Keller Williams Greater Portland||Portland, ME||$53,784,530||View Profile|
|4||Team Letellier||RE/MAX Realty One||Biddeford, ME||$44,236,950||View Profile|
|5||Home Sweet Maine||Keller Williams Greater Portland||Portland, ME||$42,036,999||View Profile|
|6||The Young-Fish Team||NextHome Experience||Bangor, ME||$39,781,441||View Profile|
|7||Tru Brit Realty Group of Saxby, Meek and Coward||Keller Williams Greater Portland||Portland, ME||$35,556,275||View Profile|
|8||Domaine||Keller Williams Greater Portland||Portland, ME||$33,136,121||View Profile|
|9||The Manchester Team||Keller Williams Greater Portland||Portland, ME||$30,348,056||View Profile|
|10||Bisson Real Estate||Keller Williams Greater Portland||Portland, ME||$30,172,150||View Profile|
|11||The Deja Lett Team||Keller Williams Greater Portland||Portland, ME||$26,286,697||View Profile|
|12||Live Maine Team||RE/MAX Infinity||Dexter, ME||$26,042,857||View Profile|
|13||The Bush Group||NextHome Experience||Bangor, ME||$25,948,900||View Profile|
|14||DuBois Realty Group||Keller Williams Greater Portland||Portland, ME||$25,904,804||View Profile|
|15||The Ireland Group||RE/MAX Collaborative||Lincoln, ME||$25,728,107||View Profile|
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.
“You’ve probably heard this mantra — your listing, your lead, but most of the lead aggregators in the country say, ‘Your listing, our lead, and then we’ll distribute it to whoever pays us the most,’” said Dan Duffy, CEO of United Holdings at Elevate, the firm’s annual conference held in Orlando. “We’re trying to reverse […]
Housing Market News
In some markets, more than 50% of active listings have had a price cut as mortgage rates rise ever closer to the 8% mark.
Frequently Asked Questions
How are real estate transaction sides defined?
A transaction side represents one side of a transaction: the buyer side or the seller side. If an agent represents both the buyer and the seller, the transaction side is counted twice.
How is real estate sales volume defined?
Real estate sales volume is defined as the total dollar value of all real estate transactions facilitated by an agent or a brokerage. This encompasses the sum of the sale prices of all properties sold, and not the profit or commission made from these sales.
What are the classifications of team size?
Small: 2-5 licensed agents
Medium: 6-10 licensed agents
Large: 11-20 licensed agents
Mega: 21+ licensed agents
What time period is the data used in the rankings from?
The RealTrends Agent Rankings reflect the previous calendar year. For example, the 2023 rankings show data from calendar year 2022.
View the full Rankings FAQ page here.
LandVest | Christie’s International Real Estate has expanded into the coastal towns of Portsmouth, New Hampshire and York Harbor, Maine.