Coastal Maine Real Estate Market Update: A Look at the October 2025 Numbers

The Scott & Sunny Townsend Team with Keller Williams is your premier source for real estate market information in Maine. 

As we head toward the end of the year, the October 2025 real estate data reveals a market that is far from uniform. While statewide numbers show one story, the hyper-local data from towns like Scarborough proves that you need an expert on the ground to navigate the nuances. We're seeing more homes for sale, shifts in pricing, and a fast-moving market that demands a smart strategy.

Here's a look at what we're seeing.

Key Takeaways at a Glance:

• 📈 Strong Price Growth (Regionally): The Greater Portland area continues to show significant appreciation, with the median sales price climbing 10.8% year-over-year. The statewide median price also saw a healthy 7.8% increase.

• 🏡 More Options for Buyers: This is the big story. New listings are up across the board, giving buyers more choices. The state saw a 14.9% increase, Greater Portland saw 11.9%, and Scarborough saw a massive 52.2% surge in new homes for sale.

• ⏳ A Tale of Two Paces: The market pace is a mixed bag. In the wider Greater Portland area, homes are sitting a bit longer, with median days on market at 14 (a 40% increase). But in Scarborough, demand is high, and homes are selling faster, with median days on market at just 6 (a 14.3% decrease).

A Deeper Dive into the Data:

The Statewide View Across Maine, the fall market was active. We saw a 10.7% increase in properties sold and a 7.8% increase in the median sales price to $426,000. A 14.9% increase in new listings contributed to a 20.7% increase in inventory, providing some welcome relief for buyers. The market is also moving a bit slower, with median days on market at 19.

The Greater Portland Perspective The Greater Portland area (Cumberland County) remains a robust market. The median sales price saw a significant 10.8% jump to $620,000. Sales were also up 7.1%. Like the statewide trend, new listings were up 11.9%, contributing to a 20.3% rise in inventory. This points to a healthy market with more options, though homes are taking longer to sell at a median of 14 days.

The Scarborough Story This is where the data proves the value of hyper-local expertise. At first glance, a 0.9% dip in the median price (to $710,000) and a 3.8% decrease in sales might cause concern. But that's not the whole story. New listings in Scarborough surged by 52.2%! This new inventory is being absorbed incredibly fast, with the median days on market dropping 14.3% to just 6 days. This indicates that while prices have moderated slightly, demand for well-priced homes is as strong as ever.

What This Means for You:

For Sellers: The market is still strong, but with more new listings (competition), pricing your home correctly from day one is absolutely critical. The Scarborough data shows that inventory is moving fast, but the price has moderated. A strategic pricing plan is key to a quick sale for top dollar.

For Buyers: This is the most encouraging news for buyers we've seen in a while. More listings mean more choices. While prices are still high, the surge in inventory gives you more to look at and, in the wider region, a bit more time to make a decision (14 days on market).

Your Local Experts: In a market this nuanced, you need a guide who doesn't just read headlines but understands the data block by block. The difference between Scarborough and Greater Portland proves that you need a hyper-local expert. Our team has the data-driven strategies to help you navigate these unique dynamics and win.

Whether you're curious about your home's value in today's market or ready to start your search, let's start a conversation.

• For a confidential consultation on selling your home or joining a team, or for general inquiries, contact the team at scottandsunny@kw.com or (207) 553-1387.

• To find out what your home is worth, use our free tool at https://www.scottandsunny.com/home_value.

• To start your home search, visit https://www.scottandsunny.com/realestateagent/search.

#MaineRealEstate #CumberlandCounty #ScarboroughMaine #MarketReport #RealEstateBlog #MaineHomesForSale #HowMuchIsMyHomeWorth #ScottandSunnyTownsendTeam