Is Portland, ME 04109 a buyer’s or seller’s market?
Portland is a seller’s market. With about 2.1 months of supply and 0% 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 supply2.1Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list98.2%Sold price ÷ list price
Median days on market92Listing to accepted offer
Median price per sq ft$397▼ −4.1% vs. last year
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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 →Local agents
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology