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Fact Book: Doing Business in Maine 2024

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V O L . X X X N O. X I X 16 Fact Book / Doing Business in Maine Q UA L I T Y O F L I F E S O U R C E : Maine Real Estate Information Systems, Inc. (d/b/a Maine Listings) figures for calendar year 2020 Where did Maine's home buyers come from during the pandemic? The breakdown by state any places in Maine saw an influx of out-of-state home buyers in recent years. But where are all of Maine's single-family home buyers coming from? Most still come from elsewhere in Maine. But we're seeing a larger share from out of state, starting with Massachusetts and some other New England states. Maine's new residents are also coming in surprising numbers from warm weather states like California, Texas and Florida. M DC 53 VT 77 AL 18 INTERNATIONAL: 31 MILITARY (APO): 8 OTHER: 35 PR: 1 TX 148 AK 11 HI 10 MS 8 GA 76 FL 373 AR 5 TN 48 NC 97 SC 40 OK 11 NM 20 AZ 55 CA 277 NV 21 ID 11 WA 56 WY 6 OR 34 UT 19 CO 120 MT 10 ND 1 SD 7 NE 5 KS 15 MN 14 IA 7 MO 19 WI 18 IL 35 IN 24 MI 23 OH 63 KY 19 WV 9 PA 166 NY 414 ME 14,158 NH 812 MA 1,833 RI 117 CT 249 NJ 219 DE 29 MD 78 VA 146 LA 18 MAINE BUYERS OUT OF STATE BUYERS 70.29% of buyers moved from within Maine, a decrease of 5.13% from 2019 Massachusetts: 9.08% New York: 2.05% New Hampshire: 4.02% Florida: 1.84% California: 1.37%

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