Is Now the Right Time to Sell?

2025 Market Insights for Luxury and Coastal Maine Homes

Selling a home in Freeport, Cumberland Foreside or along the Casco Bay coast is not just about timing the seasons. It requires understanding how the market is behaving at the top tier. At Balsam Realty we track local data, buyer trends and inventory shifts to help you decide when to list and how to price for maximum value.

If your home is valued above one million dollars and is well prepared for market, this summer may offer an ideal window to sell.

Casco Bay Market Snapshot (August 2025)

• Median sale price in Cumberland County: $595,000
  Up 3.6% percent compared to last year
• Average time on market: 8 days
  Well presented luxury homes continue to move quickly
• Active inventory: 636 homes countywide
  This reflects a 21.8% increase over last year
• Cash buyers: Up to 50 percent of luxury homes are closing without financing

Sources: townandshore.com, credaily.com, bangordailynews.com

Three Reasons Why This is a Strong Time to Sell in Maine

1. Luxury Buyer Demand Remains High

Out-of-state buyers continue to seek homes in Freeport, Falmouth, Brunswick and surrounding towns. Privacy, water access and proximity to Portland are key drivers. Most competitive homes are move-in ready and have modern upgrades.

• Waterfront homes with deep water access or protected views are drawing serious interest
• Buyers from Boston and New York are investing in long-term second homes
• Properties needing work or updates are seeing slower showings and softer offers

If your home is turnkey and in a prime location, now may be the right time to list.

2. Prices Are Strong But More Competition is Coming

Prices in the Casco Bay region have continued to climb. At the same time inventory has increased. This means sellers who list soon may benefit from strong pricing before more options reach the market.

If you are considering selling in the next year, listing now may bring stronger results than waiting until fall or next spring.

3. Interest Rates Are Holding Steady

Mortgage rates have eased slightly and the Federal Reserve has signaled that further reductions are possible. This is bringing more buyers back to the market, especially in higher price tiers.

More buyers often means more listings. Sellers who act before inventory grows further are more likely to benefit from increased competition amongst fewer buyers.

Should You Sell or Hold?

Many Maine homeowners, especially those with waterfront properties or secondary homes, are weighing whether to sell or keep their property as a long-term investment.

Consider:

• Would selling now allow you to move, rightsize or reinvest at peak pricing?
• Would holding the home create reliable rental income or provide meaningful, long-term family use?

We can help you compare scenarios and understand your options.

Why Full Exposure Still Matters Most

Some firms limit marketing to in-house buyers. We do not. At Balsam Realty we list your property publicly and promote it across all major channels including the Maine MLS, Realtor.com, Zillow and luxury home networks.

• We do not represent both buyer and seller in the same transaction
• We ensure your listing reaches all qualified buyers not just internal prospects
• More visibility means more competition which often leads to better offers and stronger terms

Let’s Talk About Your Goals

If your home is located in Freeport, Yarmouth, Falmouth or anywhere along the Casco Bay coast and you are considering a sale above one million dollars we would be glad to provide a custom market strategy.

📞 Call (207) 865 0123
📧 Email homework@balsamrealty.com
📍 Balsam Realty | Freeport’s Local Boutique Brokerage

Explore Our Selling Process or request your Luxury Market Report for deeper insights.