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As summer winds down, the real estate market in Scarborough and surrounding towns is holding strong. Prices remain elevated, inventory is slowly improving, and both buyers and sellers are adjusting to the rhythm of a changing but still competitive market.

Market Snapshot

In Scarborough, the median home price is now above $700,000, and demand continues to outpace supply. Well-priced, move-in-ready homes are still selling fast—often in under a week. However, buyers are being more thoughtful, and homes that aren’t priced or presented well are sitting longer than they did in the spring.

Mortgage rates are holding steady in the 6–6.5% range, which has cooled some of the frenzy but hasn’t stopped serious buyers from making strong offers—especially in towns with high lifestyle appeal and access to Portland.

Neighborhood Highlights

• Cape Elizabeth continues to attract buyers looking for coastal luxury and great schools.
• South Portland remains a favorite for its walkability, urban amenities, and access to the waterfront.
• Old Orchard Beach offers beach-town charm and seasonal appeal, with investment opportunities on the rise.
• Gorham and Windham provide more space and value for families or first-time buyers willing to be slightly inland.

New construction—like the condos at The Downs in Scarborough—is also creating buzz, offering modern design and low-maintenance living in a prime location.

Seasonal Shifts

Late summer typically brings a more balanced pace to the market. Some second-homeowners are beginning to list properties, and we’re seeing more options hit the market compared to earlier in the year. Buyers are still out there, but they’re prioritizing condition, energy efficiency, and long-term value.

Expert Insight from Maineland Real Estate

“Late summer is a strategic window,” says Jon Howard, owner and broker at Maineland Real Estate. “Sellers can benefit from motivated buyers still in the market, and buyers may find less competition and more room to negotiate—if they act fast on the right property.”

— Jon Howard, Owner & Broker, Maineland Real Estate

Tips for Navigating the Market

• Buyers: Be financially prepared and ready to act, but take the time to find a home that truly fits your needs.
• Sellers: Focus on presentation and pricing. Homes that are clean, updated, and market-ready are still moving quickly—and often with strong offers.

Whether you’re planning to buy, sell, or simply explore your options, the late summer market in and around Scarborough still holds great opportunities. Jon Howard and the team at Maineland Real Estate are here to help you navigate with confidence.

By Jon Howard, Owner & Real Estate Broker at Maineland Real Estate

Summer is heating up in Southern Maine — and so is the real estate market. Whether you’re buying your first home, selling a coastal property, or investing in a multi-family building, understanding today’s conditions across the region is essential.

As the owner and broker at Maineland Real Estate, I work closely with buyers and sellers in communities like Scarborough, Cape Elizabeth, South Portland, Old Orchard Beach, Westbrook, Windham, Gorham, Falmouth, and Yarmouth. Each town offers its own opportunities — and each demands a local expert to help you make the most of it.

Let’s explore what’s happening across Southern Maine in the condo, single-family, and multi-family segments — and what buyers and sellers should know moving forward.

📊 Southern Maine Market Trends – Summer 2025

• Interest rates remain in the 6–6.5% range. Not ideal, but stable enough that serious buyers are staying in the game.
• Low inventory continues to drive demand, especially in desirable suburban and coastal areas.
• Condos and multi-family properties are especially hot, with buyers looking for lower maintenance and rental income potential.

🏡 Single-Family Homes: Strong Demand Across Suburbs and Coastline

Whether it’s beachside living or a quiet cul-de-sac, single-family homes are still at the heart of the Southern Maine market.

In Scarborough, Cape Elizabeth, and Old Orchard Beach, buyers are actively looking for homes with coastal access, updated features, and strong curb appeal.

Towns like Gorham, Windham, and Westbrook offer more affordability while still being within easy commuting distance to Portland. These areas are seeing growth, particularly from first-time homebuyers and families looking for space.

Falmouth and Yarmouth continue to attract buyers who want upscale living with access to the ocean and strong school districts.

Buyers need to be ready to act quickly in these towns. Multiple-offer situations are still common for well-priced homes.
Sellers should take advantage of strong demand, especially if their property is turnkey and well-located.

🏢 Condos: Low-Maintenance Living with Big Lifestyle Payoff

Condos remain a hot option for all types of buyers — from downsizers to professionals relocating to Maine. Towns with newer developments or walkable village centers are seeing especially high demand.

South Portland, Scarborough’s Eastern Village, and Old Orchard Beach are great examples of towns offering condo convenience with coastal access.

Westbrook and Gorham have seen condo developments increase, offering newer options at more accessible price points.

For sellers: this is a prime time to list — especially if your condo is updated and move-in ready.
For buyers: expect competition for well-located, well-managed properties.

🏘 Multi-Family Properties: Opportunity in High-Demand Rental Areas

Multi-family real estate continues to be a smart play in Southern Maine. With demand for rentals high — and a steady stream of both long-term renters and short-term visitors — owning income property is more appealing than ever.

Biddeford and Westbrook remain strongholds for two- and three-unit buildings.

South Portland and Old Orchard Beach are seeing interest in short-term rental possibilities (with careful attention to local rules).

Windham and Gorham are drawing investors looking for longer-term tenants and lower entry prices compared to Portland proper.

As an investor, the key is knowing where to look, what to look for, and how to evaluate true rental potential. That’s exactly what I help my clients do — from financing strategy to property management referrals.

🌊 Coastal Living: Still a Dream Worth Pursuing

If you’ve dreamed of owning a home near the ocean — now may be the right time to make your move.

In Pine Point, Higgins Beach, Ferry Beach, and Prouts Neck, coastal homes range from classic cottages to luxury residences.

Old Orchard Beach offers a mix of seasonal and year-round opportunities with strong rental potential.

Coastal communities in Cape Elizabeth and Falmouth deliver lifestyle, prestige, and long-term investment value.

As your local expert, I’ll help you evaluate everything from flood zones and insurance costs to rental viability and resale value — so you can buy confidently.

🤝 Why Work with Me?

I’m Jon Howard, owner and broker at Maineland Real Estate, based right here in Southern Maine. I’ve helped clients buy, sell, and invest across this region for years — and I treat every transaction like it’s my own.

Whether you’re looking to:

• Buy your first home
• Move closer to the coast
• Sell and upgrade
• Downsize into something simpler
• Or build a portfolio of investment properties

…you deserve an experienced local advisor who puts your goals first.

📞 Jon Howard
Owner & Broker
📍 Maineland Real Estate
📱 207.650.3101
📧 jonsellsmaine@gmail.com
🌐 www.mainelandrealestate.com

Let’s talk about how I can help you make the most of this market — and find the right home, buyer, or investment opportunity for your future.

Navigating the Late Spring Real Estate Market in Scarborough, Maine

As the days grow longer and flowers begin to bloom, the real estate market in Southern Maine begins its annual awakening. Late spring marks a pivotal moment in the buying and selling season, especially in scenic towns like Scarborough and its surrounding communities. This period, full of renewed energy and increasing activity, often sets the tone for the rest of the year.

Why Late Spring is the Market’s Turning Point

In Maine, the real estate market follows a clear seasonal rhythm. Activity typically slows in winter due to weather and the holidays, but late spring is when things truly begin to accelerate. More properties come to market, and buyers—emerging from months of preparation—start touring homes in greater numbers.

This season also provides ideal conditions for showcasing homes. With fresh landscaping, longer daylight hours, and mild temperatures, properties are often at their most appealing, making emotional connections with potential buyers more likely.

Spotlight on Scarborough, Maine

Located just south of Portland, Scarborough remains one of Southern Maine’s most desirable towns. With a blend of coastal charm, sandy beaches, quality schools, and suburban convenience, it appeals to families, retirees, and professionals alike.

Neighborhoods such as Oak Hill, Higgins Beach, and Prouts Neck offer a range of options—from oceanfront estates to quiet residential communities. During late spring, these areas often experience an uptick in listings and buyer interest, as many aim to settle in before the busy summer season.

Nearby Communities Worth Watching

While Scarborough is a focal point, surrounding towns are also seeing increased late-spring activity. Cape Elizabeth is known for luxury homes and coastal views, while South Portland offers walkability and urban flair, particularly around the Mill Creek and Willard Beach areas. Saco combines affordability with beach access, making it attractive to younger buyers and families.

Inland towns like Buxton, Standish, and Gorham also present strong value, with more space and lower price points, all within commuting distance of Portland. These areas often provide an alternative for buyers looking to avoid the high competition found in coastal markets.

What Sellers Should Know in Late Spring

For homeowners considering selling, late spring is often one of the most strategic times to list. Buyer activity is high, yet inventory hasn’t reached summer’s peak, creating favorable conditions for sellers. Homes also tend to show best at this time, which can contribute to stronger offers.

Preparation is key—small investments like fresh mulch, clean windows, and a newly painted front door can enhance curb appeal significantly. Pricing strategically based on local market trends and recent sales comparables is essential for attracting serious buyers.

Late Spring Advice for Buyers

Buyers entering the market in late spring should be prepared to act quickly. While competition hasn’t yet reached summer levels, desirable properties can still move fast. Getting pre-approved and working with a local real estate professional can provide a critical edge.

For those priced out of coastal towns or seeking more space, inland communities offer strong alternatives with less competition and greater affordability.

Vacation and Investment Property Opportunities

Late spring is also a prime time for purchasing vacation homes and short-term rental properties. With tourism on the rise and rental demand increasing, buyers who act now may be able to begin generating income during the summer season.

However, prospective investors should be mindful of evolving local regulations around short-term rentals. Understanding zoning rules, licensing requirements, and neighborhood restrictions is essential when evaluating potential properties.

Looking Ahead to Summer

Late spring not only kick-starts the real estate season—it often signals how competitive the summer market will be. When homes begin moving quickly in May and early June, it’s a strong indication that the pace will accelerate in the coming months.

This period offers a valuable window: buyers benefit from increased inventory and less competition than peak summer, while sellers enjoy strong demand without being lost in a flood of listings.

Final Thoughts

Late spring in Southern Maine is more than just a season of warmer weather and blooming gardens—it’s one of the most dynamic and rewarding times in the real estate calendar. In towns like Scarborough, Cape Elizabeth, Saco, and South Portland, the market gains momentum, offering timely opportunities for both buyers and sellers.

Whether you’re planning a move, searching for a second home, or considering an investment, late spring provides a unique chance to make a well-timed and strategic real estate decision.

As spring blooms across Southern Maine, the real estate market continues to evolve—shaped by both national economic trends and local shifts. If you caught our early Spring Market Outlook, you already know 2025 has brought rising interest rates, tight inventory, and new economic pressures. Now, as we move deeper into the season, it’s time for an updated look at how buyers and sellers should be thinking about their next move.

Whether you’re considering a home in Portland, South Portland, Scarborough, Falmouth, Cape Elizabeth, Biddeford, Saco, or beyond, this update will help you stay ahead. And of course, Jon Howard of MaineLand Real Estate remains your trusted local guide for navigating it all.

🔍 What’s Changed Since Early Spring?

1. Interest Rates Have Stabilized—But Remain High

Mortgage rates saw a slight dip to 6.55% earlier in April, but with inflation still persistent, the Federal Reserve is holding off on any rate cuts (Reuters). For buyers in towns like Cape Elizabeth, Yarmouth, and Falmouth, where home values trend above $600,000, these rates are keeping monthly payments high.

That said, there’s good news for sellers: demand remains strong, especially in coastal and commuter-friendly towns.

2. Tariffs and Construction Costs Are Raising Home Prices

New tariffs on materials from Canada and China are impacting homebuilders across Southern Maine. Areas like Gorham, Windham, Standish, and Buxton, which have seen significant new construction in recent years, are now experiencing delays and cost increases (208.properties).

This is tightening inventory even more and driving buyers to existing homes in established neighborhoods from Westbrook to Topsham.

3. Local Towns Are Shifting in Popularity

High prices in core markets like Portland and Falmouth are sending buyers to surrounding towns. Places like:

Sanford, Alfred, and Arundel are emerging as value markets

Gray, New Gloucester, and Limington are gaining traction with families

Old Orchard Beach and Wells are staying hot with second-home buyers

If you’re unsure where to look, Jon Howard can help you find communities that match your budget and lifestyle.

🏠 What Buyers Should Keep in Mind This Spring

➤ Explore More Affordable Towns

With prices up and inventory tight, smart buyers are expanding their search. Towns like Limerick, Hollis, and Lebanon are seeing increased activity thanks to lower prices and improved infrastructure.

Pro tip: Consider neighborhoods with good commuter access to Portland, Biddeford, and Brunswick—you’ll find better value and less competition.

➤ Lock In Mortgage Rates ASAP

Even if the Fed doesn’t raise rates again this year, they’re unlikely to fall significantly before summer. If you’re financially ready, it might make sense to buy now and refinance later.

➤ Use a Local Expert to Your Advantage

In this market, it’s easy to overpay or overlook a great opportunity. Jon Howard from MaineLand Real Estate brings expert local knowledge of pricing trends, neighborhood vibes, and future growth areas—giving you a competitive edge in a competitive market.

🏡 What Sellers Should Know in the Mid-Spring Market

➤ Demand Is Still Strong, But Buyers Are Picky

Homes in move-in ready condition are still selling fast in towns like Scarborough, Gorham, and Cape Elizabeth. But with borrowing costs high, buyers are less willing to take on renovations.

Small upgrades—like fresh paint, updated lighting, and minor landscaping—can help you stand out.

➤ Pricing Correctly Matters More Than Ever

Sellers in Kennebunkport, Yarmouth, and Cumberland Foreside should be cautious not to overprice. While luxury homes are still in demand, today’s buyers are more sensitive to monthly costs. Jon Howard can help you price strategically based on current comps and real-time local demand.

➤ Think About Timing

Spring remains the best time to sell in Southern Maine. Listing now means you can close before summer and possibly reinvest while rates remain relatively stable. Towns like Kennebunk, Berwick, and Eliot are especially active with out-of-state buyers this time of year.

🌟 Why Jon Howard Is Still the Go-To Agent This Spring

Spring 2025 is a high-stakes season—and you want a real estate professional who knows the local market inside and out.

🏠 Jon Howard, lead agent at MaineLand Real Estate, continues to earn 5-star reviews for his in-depth market knowledge, strategic thinking, and dedication to client success. Whether you’re looking for a lakefront property in Sebago, a condo in South Portland, or a starter home in Saco, Jon can guide you every step of the way.

👉 Check out Jon’s reviews and listings here: Jon’s Zillow Profile

📍 Final Takeaways for Spring 2025

The Southern Maine real estate market remains active and competitive this spring, but changing economic conditions require thoughtful planning. Whether you’re buying, selling, relocating, or investing, partnering with a local expert like Jon Howard ensures you have the insights and strategy to succeed.

With interest rates holding, tariffs affecting inventory, and buyer preferences shifting, staying informed and working with the right agent makes all the difference.

Questions about your town or home value?


Reach out to Jon Howard at MaineLand Real Estate for a personalized consultation and up-to-date market insights across Portland, Scarborough, Biddeford, Falmouth, Yarmouth, Windham, Westbrook, Saco, and more.

As the chill of winter begins to fade and the days grow longer, Southern Maine comes alive with opportunities in the real estate market. Whether you’re a first-time homebuyer looking for your dream home or an investor seeking profitable opportunities, the spring market in Southern Maine offers plenty of potential. However, in the wake of shifting economic conditions, navigating this market requires a bit of strategy and expert guidance. In this blog post, we will explore the residential and investment real estate opportunities in Southern Maine for the spring market of 2025. We’ll take a closer look at the current economic conditions, what to expect in the upcoming season, and why it’s essential to work with an experienced local real estate agent like Jon Howard at Maineland Real Estate in Scarborough, who can guide you through the intricacies of this ever-changing market.

Southern Maine: A Hotspot for Residential and Investment Properties

Southern Maine is known for its natural beauty, coastal towns, and proximity to major metropolitan areas. From Portland’s vibrant city scene to the quieter charm of towns like Kennebunk, Biddeford, and Scarborough, the region offers a variety of housing options. Whether you’re interested in buying a family home, vacation property, or pursuing real estate investment, Southern Maine is an attractive market.

Over the past several years, Southern Maine has experienced a real estate boom, with home prices steadily rising, especially in desirable areas like Cape Elizabeth, South Portland, and Wells. With its growing economy, increasing job opportunities, and appeal as a vacation destination, it’s easy to see why the region remains a top choice for homeowners and investors alike.

However, like any market, Southern Maine’s real estate landscape is subject to shifts in economic conditions and market dynamics. Understanding these changes is crucial for those looking to buy or invest this spring.

Current Economic Conditions: A Mixed Bag for Buyers and Sellers

As we head into the spring real estate market, the national economic environment remains a key factor influencing local conditions. Several important trends are impacting the market, both for residential buyers and real estate investors:

1. Interest Rates and Mortgage Financing

Interest rates are one of the most significant factors affecting real estate markets nationwide, and Southern Maine is no exception. As of early 2025, the Federal Reserve has maintained a relatively higher interest rate environment in response to inflation concerns. This means that mortgage rates are still elevated compared to historical norms, which could make financing a home purchase or investment property more expensive.

For residential buyers, this means you might see higher monthly payments compared to previous years, particularly if you’re purchasing a home with a smaller down payment or a higher loan amount. However, the spring market often brings more inventory, which can provide more options to find the right property at a fair price.

Investors, particularly those looking at rental properties, may see a shift in rental demand and pricing. Higher mortgage rates can sometimes lead to increased rental demand as prospective homebuyers opt to rent instead of buy. In this context, rental properties in desirable towns along the coast, or near Portland, could offer attractive returns despite the higher cost of financing.

2. Inflation and Construction Costs

Another challenge the Southern Maine real estate market faces is the ongoing impact of inflation, which has driven up construction costs and home prices in the region. Materials and labor shortages have made new construction projects more expensive, which has led to higher prices for new homes and renovations.

For residential buyers, this could mean fewer new homes are available within their price range, especially as demand for newly built homes remains strong. However, it could also present opportunities for those willing to consider older properties that could benefit from renovation work.

For investors, the rising construction costs may lead to fewer opportunities for new builds and larger-scale development projects. However, this also means that well-maintained older properties or those with renovation potential may be more appealing, as investors seek to capitalize on opportunities to add value through repairs and improvements.

3. Economic Uncertainty and Market Volatility

Uncertainty in the broader economy, with fluctuations in stock markets, job markets, and global trade, is also affecting real estate decisions. This is especially true for investors who are sensitive to market trends. The residential market in Southern Maine may face some volatility as well, particularly in the luxury or second-home sectors, where potential buyers might hesitate to make major purchases amidst economic uncertainty.

While this volatility might dissuade some from entering the market, it also presents opportunities for those who are financially prepared to invest. With a more cautious buyer mindset in some sectors, savvy buyers and investors could take advantage of situations where sellers need to adjust their expectations or be more flexible in negotiations.

What to Expect in the 2025 Spring Market in Southern Maine

As we move into the spring market, a few key trends and shifts will shape the landscape in Southern Maine:

1. More Inventory, But Limited Choices in Some Areas

Spring traditionally brings more listings to the market, and 2025 is expected to be no different. Homebuyers will likely find more homes to choose from as sellers take advantage of the season’s favorable selling conditions. However, inventory may still be tight in certain high-demand areas, particularly near Portland and coastal towns like Kennebunkport, Ogunquit, and Cape Elizabeth. These areas continue to attract both residential buyers and investors due to their proximity to amenities, beaches, and downtown Portland.

That said, if you’re looking to buy a home in a highly competitive area, it’s essential to act quickly when properties hit the market. Being prepared with financing, having a strong offer strategy, and working with a local expert like Jon Howard at Maineland Real Estate in Scarborough can help you secure the property you want.

2. Stronger Rental Market and Opportunities for Investors

The rental market in Southern Maine is expected to remain strong in 2025. With the increase in mortgage rates, many people may hold off on purchasing homes and continue to rent, creating increased demand for rental properties, particularly in Portland, Biddeford, and other popular coastal areas. Investors looking for long-term rental income or short-term vacation rentals can benefit from this trend.

For investors considering short-term vacation rentals, there is a continued interest in locations like Old Orchard Beach, Kennebunk, and York, where the appeal of coastal retreats remains high. Properties that cater to tourists in the summer season can provide a reliable income stream, although understanding local zoning laws and rental regulations is essential.

3. Increased Focus on Energy Efficiency and Sustainability

In the wake of rising energy costs and increasing awareness of environmental issues, both residential buyers and real estate investors are placing more value on energy-efficient and sustainable properties. Homes with energy-efficient appliances, solar panels, and strong insulation are likely to attract more attention this spring.

As an investor, incorporating sustainable features into properties you own or plan to purchase can increase their value and appeal to a growing segment of eco-conscious renters or buyers.

Why You Need an Expert in Southern Maine Real Estate

The Southern Maine real estate market is multifaceted and can be challenging to navigate, especially in light of shifting economic conditions. Whether you’re buying your first home or adding to your real estate investment portfolio, having a knowledgeable and experienced agent on your side is invaluable.

Jon Howard at Maineland Real Estate in Scarborough is an expert in the Southern Maine market and can provide the guidance you need to make informed decisions. Jon’s deep understanding of local market trends, negotiation skills, and extensive network can help ensure you’re not only finding the right property but also making the best investment decisions for your financial future.

Get Ready for the Spring Market in Southern Maine

The 2025 spring real estate market in Southern Maine is shaping up to be an exciting season. While the economic environment presents some challenges, there are plenty of opportunities for those prepared to act strategically. Whether you’re buying a home to settle in or looking for investment opportunities, the key to success is being informed and working with the right expert.

Reach out to Jon Howard at Maineland Real Estate in Scarborough to help you navigate the spring market and secure the perfect property for your needs. With his experience and knowledge of the Southern Maine real estate landscape, you can feel confident in your decision-making process, whether you’re buying or investing.