Is South Portland, ME 04106 a buyer’s or seller’s market?
South Portland is a seller’s market. With about 1.4 months of supply and 55% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
Months of supply1.4Under 4 months = seller’s market
Sold above original list54.9%Share of sales, last 3 months
Median sale-to-list102.1%Sold price ÷ list price
Median days on market22Listing to accepted offer
Median price per sq ft$367▼ −4.4% vs. last year
Run the numbers for 04106
Nearby markets
Bailey Island 04003Buyer’s market $656 /sq ftBridgton 04009Balanced $325 /sq ftBrunswick 04011Seller’s market $301 /sq ftCape Elizabeth 04107Seller’s market $426 /sq ft Browse all markets →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology