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$202,978,250View Profile
3Anne Erwin Sotheby’s International RealtyAnne Erwin Sotheby’s International RealtyYork, ME$127,962,527View Profile
4Williams Realty PartnersKeller WilliamsYork, ME$126,040,416View Profile
8Team WunderRE/MAX Realty OneOgunquit, ME$53,786,900View Profile
9The Hatcher GroupKeller WilliamsPortland, ME$48,897,663View Profile
10The Mateja GroupKeller WilliamsScarborough, ME$47,228,155View Profile
11The Marc Gup TeamKeller WilliamsSouth Portland, ME$47,063,190View Profile
12The L’Heureux Real Estate GroupKeller WilliamsPortland, ME$36,136,257View Profile
13The Morrison GroupNextHome ExperienceBangor, ME$32,842,270View Profile
15The Gina TeamBetter Homes and Gardens Real Estate The Masiello GroupAuburn, ME$31,172,000View Profile
16DuBois Realty GroupKeller WilliamsAuburn, ME$30,477,888View Profile
17The Young-Fish TeamNextHome ExperienceBangor, ME$30,471,136View Profile
20Tru Brit Realty Group of Saxby, Meek and CowardKeller WilliamsPortland, ME$27,819,620View Profile
21Team LetellierColdwell Banker RealtySaco, ME$27,641,274View Profile
22Harpswell Realty GroupKeller WilliamsHarpswell, ME$25,829,500View Profile
23The Bush GroupNextHome ExperienceBangor, ME$25,101,900View Profile
24Bisson Real EstateKeller WilliamsBath, ME$24,686,640View Profile

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2023 Maine Housing Market Summary

Maine started 2023 with a total of 1,453 single-family homes on the market, with a median home price of $364,900 and an average price per square foot of $263. By the end of the year, inventory had increased to 1,836 homes on the market (+26%), with a median home price of $412,950 (+13%) and an average price per square foot of $307 (+16%).

At the start of 2023, the median days on market (DOM) was 91 days – by the end of the year, median DOM had decreased to 77 days.

Maine started the year with 30% 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 32% of Maine homes for sale had taken a price cut.

Finally, Altos’ proprietary Market Action Index (MAI) shows that Maine started 2023 as a strong seller’s market, with an MAI score of 50; 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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