10 cities with year-over-year price decreases
-25.6%
Biggest Drop
-10.1%
Avg Decline
Price drops can signal buying opportunities. These markets may offer better negotiating leverage and more affordable entry points compared to last year.
| # | City | YoY Change | Median Price | Days on Market | Months Supply |
|---|---|---|---|---|---|
| 1 | Old Town | -25.6% | $209K | 14 days | 2.7 mo |
| 2 | Brunswick | -20.5% | $381K | 21 days | 1.3 mo |
| 3 | Saco | -15.5% | $469K | 28 days | 1.5 mo |
| 4 | Auburn | -12.9% | $310K | 31 days | 0.7 mo |
| 5 | Winslow | -9.4% | $208K | 18 days | 2.1 mo |
| 6 | Windham | -5.9% | $475K | 41 days | 1.8 mo |
| 7 | Gardiner | -5.1% | $285K | 61 days | 2.1 mo |
| 8 | Biddeford | -2.1% | $460K | 29 days | 4.4 mo |
| 9 | Waterville | -2.0% | $240K | 48 days | 2.4 mo |
| 10 | Westbrook | -1.4% | $409K | 32 days | 2.2 mo |
10 cities in Maine are experiencing year-over-year price declines. The largest drop is in Old Town at -25.6%.
Price drops can create buying opportunities, but timing the market is difficult. Work with a local agent who understands whether a market is stabilizing or may continue to decline.
Work with a local agent who can help you identify value in changing markets.
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