Reports  ›  Weekly · 2026-05-31

Maine real estate — week of May 29, 2026

All 2 of Maine's major metros showed positive year-over-year median sale-price reads this week. Range this week: portland-south-portland at +2.2% YoY to bangor at +7.3%.

Headline numbers

Bangor

$281K +7.3%

Portland

$590K +2.2%

This week's signals

Strength 4 / 5

82 days

Falmouth homes taking 82 days to sell — +70.8% vs. a year ago

Homes are sitting materially longer than they were this time last year — the first hard sign of softening demand or over-priced inventory.

Strength 4 / 5

$510K

Westbrook avg sale price crossed $500K — now $510K

Crossing $500K is a narrative hinge — buyer shopping-by-price bands and seller list-price anchoring both reset when a market moves past a round number.

Strength 4 / 5

98.0%

Bangor sale-to-list dropped below 1.0 — 98.0%

Typical closed deal now prints below list; buyers have real negotiating room for the first time in this market's recent cycle.

Strength 4 / 5

$276K

Bangor median price -5.9% YoY

Price-per-sqft also -2.8% YoY, confirming real depreciation vs. mix-shift noise.

Strength 4 / 5

$968K

Falmouth avg sale price fell back under $1.0M — now $968K

Dropping back below $1.0M re-opens a buyer pool that had been priced out — and puts sellers on notice that the last few months' comps are no longer defensible.

Strength 4 / 5

75 days

Bangor homes taking 75 days to sell — +74.4% vs. a year ago

Homes are sitting materially longer than they were this time last year — the first hard sign of softening demand or over-priced inventory.

Strength 4 / 5

102.4%

Brewer sale-to-list broke above 1.0 — 102.4%

Typical closed deal is now clearing at or over list price; sellers have regained pricing leverage in the last month.

Strength 4 / 5

35 listings

South Portland new listings +53.5% vs. 5-year average for this month

Sellers are putting materially more inventory on the market than is typical for this time of year — buyers should see more selection and less urgency on well-located homes.

Source divergence

ZIP-level reconciliation will appear here once curated ZIP coverage lands for Maine.

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