Plowman Realty Group

10/21/2026

📍 STATE OF MAINE WEEKLY REAL ESTATE MARKET UPDATE
Week of October 21, 2026

🏠 New Listings: 682 (-16)
🖊️ New Pendings: 734 (-51)
✅ Closed Sales: 490 (-50)

💰 Rates (via Mortgage News Daily):
Conventional: 7.40% (-.06)
FHA: 7.02% (-.11)
VA: 7.04% (-.11)

Rates fell for the second straight week, with conventional now at 7.40%, down from 7.56% two weeks ago. Pendings and closings both moved up while new listings eased, so buyers are still active in Maine as rates come off their highs.

Thinking about buying or selling in Maine? Let's connect. 📲

10/20/2026

10/19/2026

A stunning Maine farmhouse that was loved for 25 years now has a new owner to love it and create new memories!✅🏡

10/16/2026

10/14/2026

📍 STATE OF MAINE WEEKLY REAL ESTATE MARKET UPDATE
Week of October 14, 2026

🏠 New Listings: 698 (-51)
🖊️ New Pendings: 711 (-74)
✅ Closed Sales: 440 (-161)

💰 Rates (via Mortgage News Daily):
Conventional: 7.46% (-.10)
FHA: 7.13% (-.07)
VA: 7.15% (-.07)

Activity cooled off after last week's strong closing numbers, with listings, pendings, and closings all down. The good news for buyers: rates came down across the board for the first time since early August, with conventional easing from 7.56% to 7.46%.

Thinking about buying or selling in Maine? Let's connect. 📲