May saw another big jump in Portland rsquo;s single-family prices, more balance in the market could be on the way, and a look back at May 2020 reveals pandemic rsquo;s toll

Portland, ME ndash; After a drop from 452,000 in March to 404,500 in April, the median sales price for Portland single-family homes increased to 479,250 in May. In [...]

Owner Tom Landry and several Benchmark clients were recently interviewed for three different segments on WGME News 13. All were focused on the current housing market and the struggles faced by buyers, sellers, and renters across the State. As evidenced in our regular statistics (see past blog posts), home prices have been rising rapidly [...]

April saw a continued increase in home sales prices, close to 20K jump over March, even real estate agents surprised

Portland, ME ndash; Fueled by an increase in demand, much from out-of-state buyers, Portland rsquo;s residential real estate market remained strong in April. Portland rsquo;s overall median sales price increased from 514,500 in March to 533,250 in April. [...]

Sales data shows Portland home prices jumped 54,500 from February to March 2021.

First quarter home prices were 43% higher than 2020

Portland, ME ndash; As many predicted, Portland rsquo;s residential real estate market continued its upward swing in prices as the 2021 spring market hit. Portland rsquo;s overall median sales price jumped [...]

You Can't Fake Being a Local!

My family and I live just off Back Cove, have two offices on the peninsula, and are fierce advocates and supporters of everything Portland, Maine. My team and I are authorities in the neighborhoods we serve. We know the blocks and buildings, the playgrounds and parks, the streets, schools, and shops. We know how one property truly compares to the next. Looking to sell or buy?

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Portland rsquo;s residential real estate stats show dramatic sales price increases. Over Feb 2020, single families sold for 46% more this year than last year.

Portland, ME ndash; Portland rsquo;s February residential real estate sales show a continued upward trend in prices. Last February was the last ldquo;normal rdquo; sales month before [...]

January Portland real estate sales statistics show continued increase in sales prices, lower inventory and highly competitive buyer market.

Portland, ME ndash; Residential real estate in Maine rsquo;s largest city is still selling quickly and for record high prices. While prices and sales volume are up, inventory is down over January of [...]