Home sales and prices paid were both up last month comparing year-on-year data from Maine Listings.
According to the latest report, units sold increased by 7.75% last month compared to July of last year. The median sales price (MSP) was up by 1.67% in the same period to stand at $427,000.
The MSP was down, however, from June’s historic high by 2.1%.
Industry experts point to increased competition among sellers of late for the easing of prices, with more than 6,200 homes for sale in Maine last month, which is highest number since December of 2019.
Sellers are being encouraged to price realistically and to reflect the on-going re-balancing of the market.
The National Association of Realtors (NAR) posted a 0.8% increase in salesnationwide in July 2026 compared to July 2025. Nationally, the MSP rose 1.9% to $440,300 from July of last year.
Regionally, July 2026 sales in theNortheast remained unchanged, while the regional MSP increased 5.2% to$563,800 compared to July 2025.


