Top Medium Teams in Maine – Ranked by Volume

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    • Rank – State VolumeTeam NameCompanyLocationVolumeProfile
    The David Banks TeamREMAX By the BayPortland, ME$282,150,394
    Anne Erwin Sotheby’s International RealtyAnne Erwin Sotheby’s International RealtyYork, ME$115,847,404
    Scott and Sunny Townsend TeamKeller WilliamsPortland, ME$85,315,544
    The Mateja GroupKeller WilliamsPortland, ME$55,863,362
    Team WunderREMAX Realty OneOgunquit, ME$52,701,845
    The L’Heureux Real Estate GroupKeller WilliamsPortland, ME$48,300,475
    DuBois Realty Group powered by PLACEKeller WilliamsPortland, ME$41,942,947
    The Marc Gup TeamKeller WilliamsPortland, ME$41,497,600
    The Hatcher GroupKeller WilliamsPortland, ME$40,360,297
    Home Sweet MaineKeller WilliamsPortland, ME$38,017,965
    The Young-Fish TeamNextHome ExperienceBangor, ME$31,124,950
    Avery Realty GroupThe Real Brokerage Inc.South Berwick, ME$27,807,861

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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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