June Home Sales Stats

June kept the Cumberland County single family market firmly in seller’s territory. The median sales price climbed to $620,000, up 4.6% from May, and while that’s just a touch below where we stood a year ago, it’s a signal of a market that’s cooled only slightly from an already-hot 2025. What stands out most to our team is speed: homes sold in a median of just 5 days, 16.7% faster than both May and June of last year. When a house is priced right in this county, buyers aren’t waiting around to make a decision.

Sellers continued to see the benefit, closing at an average of 101.6% of list price — a clear sign that well-priced listings are still drawing competitive offers, and in many cases, more than one.

Statistics are used much like a drunk uses a lamppost: for support, not illumination. – Vin Scully

Sales activity also picked up considerably. We saw 372 closed sales, a 43.1% jump from May and 9.7% ahead of June 2025, while 523 new listings helped refresh what’s on the market. Active inventory rose to 688 homes, but with just 1.8 months of supply, we’re still well below what’s considered a balanced market. In practice, that means buyers are still competing for a limited pool of homes, even as more sellers test the waters this summer.

Town by town, the story varies. Yarmouth posted a striking 37.7% jump in median price alongside a 29% rise in sales, and Gorham saw both units and prices climb sharply — up 46.9% and 27.7%, respectively — suggesting these communities are drawing outsized buyer interest right now. Elsewhere, towns like Falmouth and Cape Elizabeth saw fewer transactions than a year ago, a reminder that even in a strong county-wide market, conditions can shift block by block.

Our take: This is a market rewarding sellers who price to the moment and buyers who move decisively. With inventory still thin relative to demand, we’re advising sellers that the peak-season window remains open, and buyers that pre-approval and readiness to act quickly are non-negotiable this summer. You can view the latest results by all towns in Maine at our interactive sales chart.

The condo market held its own right alongside single family homes this June. The median sales price reached $510,000, up 6.5% year-over-year, even with a modest dip from May — a pattern we typically see as a natural pause rather than a shift in direction. What really tells the story here is how fast these units are moving: a median of just 9 days on market, 33.3% quicker than May and a full 40% faster than June 2025.

Sellers are still firmly in the driver’s seat, with condos closing at an average of 100.8% of list price.

Sales activity strengthened meaningfully too, with 97 closed sales — up 24.4% from May and 12.8% from a year ago — and 115 new listings coming to market to help meet demand. Active inventory grew to 256 units, but at 2.6 months of supply, the condo market remains tight by any conventional measure.

Our take: Condos continue to offer buyers a faster, often more accessible entry point into Cumberland County, and the numbers show they know it. For sellers, this remains an excellent window to list — fast sales and near-full asking price are the norm right now, not the exception.