As we head into fall, Maine’s housing market continues to show resilience, with steady demand and moderate price growth across both Cumberland and York Counties. While activity has cooled slightly from the summer peak, homes are still moving at a healthy pace.
This past month, I was chatting with a friend and past client (we’re both self-proclaimed data nerds) and he mentioned noticing quite a few price reductions. While price drops can signal a shifting market, they can also reflect sellers or agents starting off a bit too high. Unfortunately, the system we use doesn’t easily pull that specific data.
That conversation sparked an idea, though. Starting this month, we’re adding a new metric to our market updates: Months of Inventory, a key indicator of market balance.
What is “Months of Inventory”?
This number measures how long it would take to sell all currently listed homes if no new listings came on the market.
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Less than 4 months = Seller’s market (demand outweighs supply)
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4 to 6 months = Balanced market
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More than 6 months = Buyer’s market (more supply than demand)
Let’s see how the numbers looked for September in each county:
Cumberland County, Maine – September 2025 Housing Market Trends
After a busy summer, Cumberland County’s market is showing early signs of seasonal slowdown, but pricing remains firm, supported by strong buyer interest and limited supply.
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New Listings: 372 (-6.3% year over year) vs. 397 in August (+0.8% YoY)
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Median Sales Price: $625,000 (+0.8%) vs. $620,000 in August (+3.8% YoY)
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Homes Sold: 329 (-6.5%) vs. 352 in August (+10.7% YoY)
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Median Days on Market: 12 days (+2 days) vs. 10 days in August (+3 days YoY)
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Months of Inventory: 2.3 months (up slightly from 2.0 last month)
Takeaway: Cumberland County remains a competitive seller’s market. While activity has slowed modestly, inventory remains low, keeping prices steady and competition high. Buyers may find a bit more breathing room, but quick, decisive offers are still key.
York County, Maine – September 2025 Housing Market Trends
York County continues to experience strong appreciation, though the pace of sales has eased slightly from August’s surge.
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New Listings: 341 (-4.2% year over year) vs. 356 in August (+1.4% YoY)
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Median Sales Price: $585,000 (+1.7%) vs. $575,000 in August (+14.4% YoY)
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Homes Sold: 267 (-5.7%) vs. 283 in August (+16.0% YoY)
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Median Days on Market: 25 days (+2 days) vs. 23 days in August (+13 days YoY)
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Months of Inventory: 2.8 months (up from 2.4 last month)
Takeaway: York County prices continue to climb, but homes are sitting on the market a bit longer. Slightly higher inventory levels suggest a small shift toward balance, good news for buyers looking for more negotiating room without sacrificing value growth.
What This Means for Buyers and Sellers in Maine
For Sellers:
Low inventory and strong demand are keeping Maine’s market in your favor. Even with slower seasonal activity, both counties continue to post year-over-year price growth. Proper pricing and presentation remain essential for maximizing returns.
For Buyers:
Rising inventory offers a glimmer of opportunity heading into fall. While competition remains, slightly longer days on market and more listings could mean more choices and room for negotiation.
Thinking of Buying or Selling in Maine?
The addition of “Months of Inventory” helps paint a clearer picture of where the market stands and where it’s heading. Whether you’re planning to sell in Cumberland County or buy in York County, understanding these trends will help you make confident, informed decisions.
Reach out today for a personalized market analysis or to start your home search with us.
