Maine's official housing numbers do not count condominiums
Maine's official housing numbers do not count condominiums
2026-09-12 · Maine · Compliance · Reported — unconfirmed
A gap worth knowing about. If you are a Maine board trying to judge whether your units are holding value, there is no official condominium price index to consult. The Maine Association of Realtors publishes monthly statewide figures for existing single-family homes only, and does not break out condominiums.1
That matters because condominium marketability is now tightly coupled to lender project standards in a way single-family marketability is not — so the published number that everyone quotes is the one least likely to describe your owners' experience.
The official single-family picture
From the Maine Association of Realtors' release of 11 May 2026, sourced to Maine Listings:
- April 2026 statewide median sale price for existing single-family homes: $410,865, up 2.72 percent year on year
- Unit sales up 3.36 percent
- For-sale inventory up 18 percent since March 2026, to 3,900 homes
- Rolling quarter (February to April) 2026 against 2025: unit sales −0.82 percent (2,539 against 2,560); median price +1.28 percent ($395,000 against $390,000)
- County detail: Cumberland County median $590,000, up 5.36 percent; York County $500,000, up 4.38 percent
By July 2026, the Association's report published 22 August 2026 recorded a statewide median of $427,000, up 1.67 percent year on year, with 47 days on market, 1,697 units sold and inventory above 6,200.
None of those figures includes a condominium.
The best available condominium read
For the first half of 2026 the most usable condominium data comes from a brokerage: Lamacchia Realty's 2026 Maine Mid-Year Housing Report, published 28 July 2026 and drawing on FlexMLS data, comparing 1 January to 30 June 2026 against the same period in 2025.
- Statewide, 7,432 homes sold across all property types, against 7,448 — down 0.2 percent
- Condominium sales down 2.5 percent year on year; single-family up 0.2 percent; multi-family down 1.6 percent
- Average sale price across all types $503,000, from $500,954 — up 0.4 percent
- Condominium prices down 0.3 percent; single-family up 0.2 percent; multi-family up 5.6 percent
So on the one condominium-specific series available: sales down, prices essentially flat, and a softer showing than the overall Maine market — with almost all of the year's price growth coming from multi-family rather than from condominiums or single-family homes.
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Related Maine HOA Topics
- Maine Association of Realtors, Maine Home Sales and Prices Up During April (11 May 2026) — existing single-family statistics, sourced to Maine Listings ↩
- Lamacchia Realty, 2026 Maine Mid-Year Housing Report (28 July 2026), FlexMLS data — the condominium-specific sales and price figures quoted here ↩
- Maine Bureau of Insurance, The Availability of Insurance in the Maine Property & Casualty Market (September 2025) ↩
- Fannie Mae Selling Guide B7-3-03, Master Property Insurance Requirements for Project Developments ↩
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