Top Medium Teams in Maine – Ranked by Volume

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Rank – State VolumeTeam NameCompanyLocationVolumeProfile
1The David Banks TeamRE/MAX By the BayPortland, ME$251,304,816View Profile
2The Hatcher GroupKeller Williams Realty Greater PortlandPortland, ME$58,364,514View Profile
3The Marc Gup TeamKeller Williams Greater PortlandPortland, ME$53,784,530View Profile
4Team LetellierRE/MAX Realty OneBiddeford, ME$44,236,950View Profile
5Home Sweet MaineKeller Williams Greater PortlandPortland, ME$42,036,999View Profile
6The Young-Fish TeamNextHome ExperienceBangor, ME$39,781,441View Profile
7Tru Brit Realty Group of Saxby, Meek and CowardKeller Williams Greater PortlandPortland, ME$35,556,275View Profile
8DomaineKeller Williams Greater PortlandPortland, ME$33,136,121View Profile
9The Manchester TeamKeller Williams Greater PortlandPortland, ME$30,348,056View Profile
10Bisson Real EstateKeller Williams Greater PortlandPortland, ME$30,172,150View Profile
11The Deja Lett TeamKeller Williams Greater PortlandPortland, ME$26,286,697View Profile
12Live Maine TeamRE/MAX InfinityDexter, ME$26,042,857View Profile
13The Bush GroupNextHome ExperienceBangor, ME$25,948,900View Profile
14DuBois Realty GroupKeller Williams Greater PortlandPortland, ME$25,904,804View Profile
15The Ireland GroupRE/MAX CollaborativeLincoln, ME$25,728,107View 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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