December 2025 Casco Bay Real Estate Market Report

By Kate Werner
Updated December 2025

December Market Snapshot

The Casco Bay real estate market closed 2025 with limited inventory, fast sales and prices holding steady despite seasonal slowing. Homes are still selling quickly and close to asking price but buyers are more selective, making pricing and preparation increasingly important.  Overall in Maine, home prices dropped in December 2025. 

What Is the Current Real Estate Market Like in Casco Bay?

As of December 2025, the real estate market in Freeport, Cumberland County and the broader Casco Bay region remains active and competitive. Inventory is constrained, buyer demand remains steady and well prepared homes continue to sell efficiently even during the winter months.

Compared to the peak seller market of prior years, conditions are more balanced but sellers who price correctly and launch thoughtfully are still seeing strong outcomes.

Cumberland County Market Overview for December 2025

According to Maine Listings and Domus Analytics, December 2025 data for single family homes across Cumberland County shows a tight market with limited supply and steady pricing.

Key metrics for December include:

• Median sales price: $594,600

• Closed sales: 251

• Median price per square foot: $332

• Percent of list price received: 99.2 percent

These figures reflect countywide activity, including Freeport, Yarmouth, Falmouth, Brunswick and surrounding Casco Bay communities.

For homeowners considering selling a home in Maine, this data suggests pricing remains supported when homes are positioned well. 

Days on Market and Buyer Behavior

Homes are continuing to sell quickly even at year end.

• Median days on market: 17 days

• Buyers are active but more deliberate than in previous years

• Inspections and negotiated terms remain common

Homes that are overpriced or under prepared are taking longer to sell, reinforcing the importance of strategy at launch.

You may also want to review for broader context.

Inventory Levels and Market Balance

Inventory tightened further in December, reinforcing seller favorable conditions.

• Active inventory: 430 homes

• New listings: 159

• Months of supply: 1.7 months

Low supply continues to support pricing, particularly in coastal and village centered markets.

Our approach to how we market homes at Balsam Realty is designed to help listings stand out without relying on price reductions.

Mortgage Rate Trends in December 2025

Mortgage rates eased slightly at the end of 2025, offering modest relief for buyers.

• 30 year fixed rate: approximately 6.15 percent

• 15 year fixed rate: approximately 5.44 percent

While rates remain higher than historic lows, the late year decline improves affordability compared to earlier in 2025 and supports continued buyer activity going into early 2026.

What This Means for Casco Bay Sellers

Limited inventory, fast days on market and near full list price performance continue to define the Casco Bay market.

Sellers who focus on preparation, professional marketing and pricing a home correctly are still seeing strong results. Overpricing however is more likely to result in extended time on market than in prior years.

What This Means for Casco Bay Buyers

Buyers continue to face limited inventory, particularly for move in ready homes in prime locations. Slightly longer decision timelines and consistent inspection activity offer more room for due diligence than during peak competition.

Understanding whether to buy with or without an agent and how to structure an offer remains an important strategic decision.

Looking Ahead to Early 2026

While countywide data provides helpful context, real estate outcomes remain highly local. Neighborhood trends, property condition and pricing strategy will continue to matter more than headline numbers.

If you are considering buying or selling in 2026, contact us for a free buyer or seller consultation and a no obligation home valuation to help you understand how current market conditions apply to your property and goals.

You may also find it helpful to review our selling process or explore what a full service real estate agent actually does before making your next move.

📞 Call (207) 865-0123
📧 Email homework@balsamrealty.com
📍 Balsam Realty, Freeport Maine

Source Note

Market statistics are drawn from the Maine Real Estate Information System and Domus Analytics December 2025 Market Review for single family homes in Cumberland County. Mortgage rate data reflects Freddie Mac’s Primary Mortgage Market Survey for late December 2025.