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Fact Book: Doing Business in Maine 2023

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W W W. M A I N E B I Z . B I Z 19 Fact Book / Doing Business in Maine Q UA L I T Y O F L I F E Units sold 2022 Units sold 2021 Percent hange 2021–22 2022 median sales price 2021 median sales price Percent change 2021–22 Androscoggin 1,169 1,294 −9.66% $279,000 $240,000 16.25% Aroostook 831 998 −16.73% $148,800 $120,000 24.00% Cumberland 3,306 3,995 −17.25% $491,723 $434,900 13.07% Franklin 474 604 −21.52% $246,500 $225,000 9.56% Hancock 769 1,064 −27.73% $355,000 $320,000 10.94% Kennebec 1,522 1,826 −16.65% $272,797 $248,000 10.00% Knox 552 742 −25.61% $390,000 $344,000 13.37% Lincoln 508 654 −22.32% $392,000 $351,000 11.68% Oxford 907 1,015 −10.64% $275,000 $251,000 9.56% Penobscot 1,753 2,060 −14.90% $230,000 $200,000 15.00% Piscataquis 341 421 −19.00% $189,900 $165,000 15.09% Sagadahoc 414 482 −14.11% $389,500 $340,000 14.56% Somerset 644 781 −17.54% $193,800 $172,500 12.35% Waldo 497 659 −24.58% $292,000 $270,000 8.15% Washington 481 634 −24.13% $215,000 $163,500 31.50% York 2,664 3,172 −16.02% $450,000 $398,750 12.85% STATE TOTAL 16,832 20,401 −17.49% $335,000 $299,000 12.04% 1 Based on real estate brooker transactions. S O U R C E : Maine Real Estate Information System Inc. Maine home sales, 1 by county Ranked by sales of existing single-family homes, 2022 Androscoggin Aroostook Cumberland Franklin Hancock Kennebec Knox Lincoln Oxford Penobscot Piscataquis Sagadahoc Somerset Waldo Washington York 0% –30% –20% –10% –40% 10% 20% 40% 30% Units sold Median sales price UNITS SOLD AND MEDIAN SALES PRICE PERCENT CHANGE, 2021–2022

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