September 2025 Spotlight

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September 2025 | Vol. 71

Legacy Properties

Sotheby’s International Realty offers an unmatched blend of local expertise, world-class marketing power and property exposure. Our licensed real estate agents specialize in luxury waterfront homes, ranging from stunning coastal and beach properties to lakefront lodges, maximizing year-round views and recreation opportunities for you to enjoy the best of what Maine and New Hampshire have to offer.

We have six offices, with locations in Kennebunk, Portland, Brunswick, Damariscotta, Camden, and Northeast Harbor on Mount Desert Island. Get in touch today to find your dream home with guidance and support from our expert agents.

Dear Friends,

If you think our Maine summers are fantastic (and they are), you really need to make a trip back for our autumn leaf peeping. It is truly a sight to behold. While you are here, you will likely notice that there are more homes for sale than there have been in quite some time. It has been years since I last wrote an update related to the number of days it takes to sell a home in Maine, but now is the right time.

If you are a buyer who has been patiently waiting on the sidelines for a better opportunity to purchase a home in Maine, the market dynamics are moving in your direction. The question is: are they moving fast enough and with enough force to get you back into the market? The silver lining for buyers is that the number of active single-family home listings has more than tripled from the extremely tight conditions of the Covid-19 buyer surge. Not too long ago, the entire State of Maine had fewer than 1,500 single-family homes for sale; today, that number is 4,750. Despite the Federal Reserve lowering short-term rates last

week, the 10-year Treasury Note moved from 4.01% prior to the announcement to 4.13% today, which left mortgage rates, on average, relatively unchanged at or near 6.25% for a 30-year fixed term.

What is even more interesting for buyers is that 72% of single-family homes currently available for sale have been on the market for more than 30 days. Although we have not seen any broad-based decline in home prices, buyers appear to be having more success negotiating terms of purchase and sale contracts, such as financing contingencies, inspection contingencies, and the sale of another home, among others.

From a seller’s perspective, active inventory is at approximately 30% of where it was a decade ago, when there were roughly 15,000 homes for sale on any given day. If you remember that period, things were going along at a steady pace with both buyers and sellers feeling like there was a strong, constructive dialogue on the value of a home and the terms and conditions that would result in a sale. Keep in mind that these are statewide statistics, and that several cities and

towns in Maine have few active listings, with the number of buyers still greatly exceeding the number of homes for sale. It is reported that Florida, which is moving to a buyer’s market, now has more than twice as many homes available for sale compared to 2019. Should you want more information on your particular situation, please reach out to one of our agents for more details.

Today’s data illustrate that supply, while improving from the extreme lows of 2020–2022, continues to trail long-term norms. The current “Days on Market Snapshot” still underscores a highly competitive environment: properties that are well-priced and well-presented move quickly, while homes in less-compelling segments linger and account for the bulk of extended-market statistics. This bifurcation shows up clearly in the distribution of days on the market and the percentage of homes within each bracket.

Active

Listings Analysis (Single Family Homes for Sale)

Market Snapshot: September 23, 2025 Source: Maine Listings

The combination of historically low listing counts and steady buyer demand continues to keep strong pressure on pricing, particularly in desirable coastal and lakefront communities. Although the frenzied bidding wars of the pandemic have subsided, they still remain in the most desirable locations. New construction has not kept pace with household formation, and many homeowners remain reluctant to sell, given low mortgage rates locked in prior to recent interest rate increases. This will continue to limit the supply of newly listed homes. Objectively, it is still a seller’s market, as we continue to have more buyers than sellers for good homes in good locations at the right asking price.

As I am sure you can see, it is a very exciting time to be in the real estate business in Northern New England. There are as many unique and interesting opportunities for both buyers and sellers. There should be little doubt that when the market is in flux, you should consult with one of our trusted experts to help guide you to the best result the market has to offer.

We hope to see you soon.

Legacy Properties Sotheby’s International Realty

With over 3,500 miles of coastline, thousands of lakes and ponds, and world-class mountains, Maine and New Hampshire offer unmatched beauty and recreation. From Maine’s rugged shores to New Hampshire’s White Mountains and Lake Winnipesaukee, Legacy Properties Sotheby’s International Realty delivers the region’s premier portfolio of luxury and waterfront homes.

Company - 6 Offices - 100+ Agents - Endless Possibilities

Try our new and improved home valuation tool and see what’s happening in your neighborhood.

For a more detailed Market Analysis, please contact your Legacy Properties Sotheby’s International Realty sales associate.

LEGACY COLLECTION

Our exclusive property magazines showcase the finest homes to a highly engaged audience. Distributed through Maine Home + Design, Down East, and select editions of The Wall Street Journal and The Boston Globe, these beautifully produced publications feature expansive editorial-style presentations and reach more than 90,000 subscribers. In addition, our digital editions generate over 400,000 unique impressions, extending visibility to discerning buyers well

THANK YOU FOR YOUR TRUST AND SUPPORT.

for all homes sold over $2,000,000 in Maine for all homes sold over $4,000,000 in Maine for all homes sold over $3,000,000 in Maine

for all homes sold over $1,000,000 in Maine

for all homes sold over $500,000 in Maine

for all waterfront sales in Maine

Legacy Properties Sotheby’s International Realty attributes its success to offering its clients a very strong package of marketing services including: professional photography, Matterport 3D Virtual Tours, glossy print advertising, global property distribution through its exclusive network of agents, and luxury branding through its affiliation with Sotheby’s International Realty.

From The Legacy Living Blog

In case you missed it...

Island Living in Maine: Discover Your Perfect Island Home

From Sand to Shore:

Maine Homes with Private Beaches

Luxury Living on Maine’s Most Scenic Lakes

July Brings More Homes to Market as Maine Sales and Prices Climb

SOUTHERN ME & NH

Explore Featured Listings in York County & Seacoast New Hampshire 6 Ocean

Sound Drive, Kennebunkport

GREATER PORTLAND

Explore Featured Listings in Greater Portland & Beyond

Shooting Rock, Scarborough

37 South Street, Yarmouth | $3,850,000 Will and Ally Fuller 207.560.7000

Located in Falmouth, Maine, The Wyeth offers 1-, 2-, and 3-bedroom newly constructed luxury residences, each designed with a private balcony or an expansive terrace. These outdoor spaces enable each unit to create a dialogue with the environment, transforming indoor and outdoor spaces into balanced, inviting atmospheres. Luxury high-end finishes have been selected with respect to the cabinetry, flooring and lighting. The residences are also paired with many amenities such as underground heated parking, a custom gym, storage rooms, walking trails, and bike and ski storage. The Wyeth is ideally located amongst Falmouth’s local shops, dining, and services, with easy access to Portland’s vibrant downtown, the Portland International Jetport, and miles of nearby recreational trails.

Will and Ally Fuller 207.560.7000 | sales@thewyethfalmouth.com

MIDCOAST MAINE

Explore Featured Listings from Brunswick through Belfast

Everything You Need to Know about Moving to Maine

We are proud to present “Your Legacy,” a publication in partnership with our friends at Open Door Publishing to help our future and present clients learn more about what it means to live in Maine. “Your Legacy” includes information on the top public schools and hospitals in the state, a helpful breakdown of our rental program for those looking to dip their toes in our waters, guides to the neighborhoods and towns we service, information on each of our six coastal offices, and articles of interest for those looking to learn more.

View the digital edition of “Your Legacy” here or pick up a hard copy at one of our offices today.

DOWNEAST MAINE

Explore Featured Listings Beyond Belfast

52 Rock Garden Way, Seal Harbor, Mount Desert

REAL ESTATE EXPERTS IN EVERY MARKET GLOBAL REACH

The Sotheby’s International Realty network is comprised of more than 26,000 sales associates located in approximately 1,100 offices in 84 countries and territories worldwide. Our listings are marketed on the sothebysrealty.com global website and on local affiliate websites across the world in the markets from which our buyers are coming. This global exposure not only affords our listing clients the widest possible distribution to the highest number of qualified buyers, but it allows all of our clients access to the most experienced and accomplished real estate experts in whichever town, city, or country they may have needs.

THINKING ABOUT A MOVE?

Let us help you find the right agent through our global network at Sotheby’s International Realty. For more information call 207.780.8900 or email info@legacysir.com

It is with great pleasure and pride that we share our most significant sales for the first half of 2025.

INLAND TREASURES

Explore Featured Listings in the Lakes and Mountains Regions

46 Windward Shore Road, Raymond (Sebago Lake)

MEET THE AGENTS

AARON CROSSMAN CAMDEN OFFICE

ABIGAIL CURLESS NORTHEAST HARBOR OFFICE

ALEXA OESTREICHER PORTLAND OFFICE
ANNA CHARLOTTE BRUNSWICK OFFICE
ALLY FULLER PORTLAND OFFICE
ANDI ROBINSON KENNEBUNK OFFICE
AMY FARRELL PORTLAND OFFICE
ANNE BOSWORTH PORTLAND OFFICE
ADAM ZIMBALIST PORTLAND OFFICE
ANDREA PELLECHIA
OFFICE
ANDY LYNCH PORTLAND OFFICE
ADRIANNE ZAHNER DAMARISCOTTA OFFICE

MEET THE AGENTS

ANNEMARIE AHEARN CAMDEN OFFICE
ASHLEY O’NEIL KENNEBUNK OFFICE
ANNIE ALLEN NORTHEAST HARBOR OFFICE
BETH TAYLOR PORTLAND OFFICE
BILL GAYNOR KENNEBUNK OFFICE
BRIAN WICKENDEN CAMDEN OFFICE
CHARLIE RICHARDSON DAMARISCOTTA OFFICE
CARRIE MARTIN PORTLAND OFFICE
CHARLIE STUART DAMARISCOTTA OFFICE
CHESSELL MCGEE PORTLAND OFFICE
CARROLL FERNALD NORTHEAST HARBOR OFFICE
BETSY COUGHLAN KENNEBUNK OFFICE

MEET THE AGENTS

CHRIS LYNCH PORTLAND OFFICE

CONNIE MOSS DAMARISCOTTA OFFICE

DAVID HAGAN DAMARISCOTTA OFFICE

CHRIS STONE KENNEBUNK OFFICE

CRISSY STIRRATT DAMARISCOTTA OFFICE

DEBI FOX DAMARISCOTTA OFFICE

CINDY LANG CAMDEN OFFICE

DANA WHITNEY KENNEBUNK OFFICE

DUGGAN BRUNSWICK OFFICE

COLIN HARVEY DAMARISCOTTA OFFICE

DANA WHITTAKER PORTLAND OFFICE

GLEASON DAMARISCOTTA OFFICE

DENNIS
DENNIS

MEET THE AGENTS

JACKIE WHEELWRIGHT CAMDEN OFFICE
HEATHER SHIELDS PORTLAND OFFICE
HEIDI STEELE CAMDEN OFFICE
ELIZABETH BANWELL PORTLAND OFFICE
ELIZA RAUSCHER PORTLAND OFFICE
GLENN JONSSON PORTLAND OFFICE
EMILIE COLE PORTLAND OFFICE
FRED HEBERT DAMARISCOTTA OFFICE
GINNY WHITNEY KENNEBUNK OFFICE
ELAINE PRENDERGAST KENNEBUNK OFFICE
ELISE KIELY PORTLAND OFFICE
DONTE CALARCO CAMDEN OFFICE

MEET THE AGENTS

JAIME BEANE PORTLAND OFFICE

JEFFREY CORMAN CAMDEN OFFICE

JOHN COLLINS BRUNSWICK OFFICE

JAN KOVARIK KENNEBUNK OFFICE

HEAGLE PORTLAND OFFICE

JOHN MCCARTHY BRUNSWICK OFFICE

JAN MOORE NORTHEAST HARBOR OFFICE

TAIT BRUNSWICK OFFICE

JOHN RANCO PORTLAND OFFICE

ALLEN NORTHEAST HARBOR OFFICE

DAMARISCOTTA OFFICE

LEAHY BRUNSWICK OFFICE

JON
JESSICA
JOANE
JOANNE MOORE
JEFFREY

MEET THE AGENTS

KATE JACKSON CAMDEN OFFICE
KALI PRATT PORTLAND OFFICE
KALEB SWAN BRUNSWICK OFFICE
JUDY MCGEORGE NORTHEAST HARBOR OFFICE
KIRSTIN CORMAN CAMDEN OFFICE
KITTY COSTELLO CAMDEN OFFICE
KATHY LEEMAN DAMARISCOTTA OFFICE
KRISTIN HEAL CAMDEN OFFICE
KELLY BARRY PORTLAND OFFICE
KRISTINA KEANEY PORTLAND OFFICE
KIMBERLY VEILLEUX PORTLAND OFFICE
KRISTI JACOBY NORTHEAST HARBOR OFFICE

MEET THE AGENTS

LAURA ABRAHAM PORTLAND OFFICE
LAURA FARR NORTHEAST HARBOR OFFICE
LAURA PELLERANO NORTHEAST HARBOR OFFICE
LAURA BLAKE DAMARISCOTTA OFFICE
LOIS LENGYEL PORTLAND OFFICE
LINDA MACDONALD PORTLAND OFFICE
LINDA PAINTER DAMARISCOTTA OFFICE
LINDA JONAS NORTHEAST HARBOR OFFICE
MARJANNE BARBOUR CAMDEN OFFICE
MARIA WEYMOUTH CAMDEN OFFICE
MARIKA ALEXIS CLARK KENNEBUNK OFFICE
LORI ALEXANDER PORTLAND OFFICE

MEET THE AGENTS

MARTY DISCHINGER NORTHEAST HARBOR OFFICE

MICHAEL KEVIN LYNCH CAMDEN OFFICE

PARKER ALLEN NORTHEAST HARBOR OFFICE

MARY JO CROSS PORTLAND OFFICE

MICHELE PEREJDA PORTLAND OFFICE

PETER VAN DER KIEFT CAMDEN OFFICE

MAYA ODLIN PORTLAND OFFICE

MILES GEISLER DAMARISCOTTA OFFICE

PRESTON ROBISON PORTLAND OFFICE

MELISSA MCKERSIE PORTLAND OFFICE

NICOLE RICHARDSON NORTHEAST HARBOR OFFICE

SMITH PORTLAND OFFICE

RALPH

MEET THE AGENTS

RANDY MILLER DAMARISCOTTA OFFICE

RYAN MACGLASHING CAMDEN OFFICE

SCOTT DOBOS PORTLAND OFFICE

RENEE BURCH PORTLAND OFFICE

SAM MICHAUD PORTLAND OFFICE

SHANNON RICHARDS PORTLAND OFFICE

HARRISON PORTLAND OFFICE

WENDLAND PORTLAND OFFICE

RYAN FITZGERALD PORTLAND OFFICE

PORTLAND OFFICE

SANDRA
STEPHANIE BRANCH DAMARISCOTTA OFFICE
SANDY SHAPIRO-HURT
SUSAN ALLEN NORTHEAST HARBOR OFFICE
ROBYNE

MEET THE AGENTS

SUSAN DESGROSSEILLIERS PORTLAND OFFICE

TINA ALLEN NORTHEAST HARBOR OFFICE

VALERIE FOSTER CAMDEN OFFICE

TOM FIELD DAMARISCOTTA OFFICE

WILL FULLER PORTLAND OFFICE

SUSIE SHAPIRO-LAIDLAW CAMDEN OFFICE
SUSAN PETERSON DAMARISCOTTA OFFICE
TAMMY RUDA PORTLAND OFFICE
TOM KRUZSHAK PORTLAND OFFICE
TREVOR DODGE KENNEBUNK OFFICE

SOCIAL MEDIA

Over 3,200,000 YouTube property video views. Over 100,000 Real Estate Spotlight subscribers.

Over 130,000 followers interested in Maine real estate.

At Legacy Properties Sotheby’s International Realty, we use social media to connect your home to our vast community of real estate intenders and influencers from across the globe. Social Media, like real estate, is about connecting people and cultivating relationships, which makes it the ideal tool for marketing your home.

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INSTAGRAM

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YOUTUBE
THE LEGACY LIVING BLOG

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PINTEREST

2 City Center

Portland, Maine 04101

207.780.9800

KENNEBUNK OFFICE

150 Port Road

Kennebunk, Maine 04043

207.967.0934

BRUNSWICK OFFICE

141 Maine Street

Brunswick, Maine 04011

207.729.2820 DAMARISCOTTA OFFICE

40 Main Street

Damariscotta, Maine 04543

207.563.2775 CAMDEN OFFICE

46 Bay View Street

Camden, Maine 04843

207.230.1003

NORTHEAST HARBOR OFFICE

6 Neighborhood Road

Northeast Harbor, Maine 04662

207.780.8900

info@legacysir.com

1 & 2 TENTH STREET

SCARBOROUGH, MAINE

$3,900,000

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