The latest Realtors® Confidence Index offers a snapshot of the U.S. housing market, and while this data is national, it
highlights trends that we’re seeing right here in Midcoast Maine. The big takeaway? 
Sellers are still in control, and competition remains strong.

What the Numbers Say
According to the February report:

• 2.3 offers per home – Buyers are still competing, though slightly less than in the height of the market frenzy.
• 21% of homes sold above list price – Many sellers are seeing strong demand.
• 32% of purchases were all-cash – Investors and buyers with cash remain active.
• 31% of buyers were first-time homebuyers – Despite affordability challenges, new buyers are stepping
  into the market.

How This Compares to Midcoast Maine
While every market is different, Midcoast Maine continues to reflect many of these trends. The biggest driver? Inventory. There simply aren’t enough homes available to balance the market, keeping sellers in the driver’s seat. Buyers—especially those without cash—are facing competition, making strategic preparation more important than ever.

Advice for Buyers & Sellers in 2025
For Buyers:

• Be ready to act fast and have financing in place.
• Consider ways to make your offer more competitive beyond price (e.g., flexible closing terms, strong earnest money).
• Work with an agent who understands the local market and can help navigate bidding situations.

 For Sellers:

• Low inventory means now is still a strong time to sell—but pricing strategy matters.
• Well-prepared homes still attract multiple offers, but buyers are becoming more discerning.
• If you're thinking of selling this year, starting conversations early can help you plan your next move smoothly.

Final Thoughts
The national market data underscores what we’ve been seeing here in Midcoast Maine—real estate is still moving,
but the landscape is shifting. Whether you’re buying or selling, having the right strategy in place makes all the difference.

Thinking about your next move? Let’s talk about how to navigate Maine’s market with confidence.