By Ruth Summers, Scarborough resident and Associate Broker, Keller Williams Realty

Maine’s crisp fall air isn’t the only thing that’s changing — the real estate market is shifting too. As leaves turned in October, Scarborough’s single-family home market reflected the season’s transitions, revealing renewed buyer energy, expanding inventory, and subtle price adjustments.

The table below shows how the market faired compared to one year, but the monthly changes were also interesting. From September to October 2025. Closed sales increased 17%, signaling renewed buyer activity. Meanwhile, active inventory rose 25%, giving buyers more options than in prior months. Despite this, the median sales price slipped 4% to $710,000, suggesting sellers are adjusting expectations as competition grows.

Homes spent an average of just six days on the market—a 64% drop from September—indicating that well-priced listings are moving quickly. The median price per square foot rose 3% to $330, reflecting continued demand for quality properties. Months of supply climbed 32% to 1.7 months, showing a modest improvement in balance between buyers and sellers, though the market remains tight. Overall, October delivered more listings, quicker sales, and slightly softened prices—a dynamic, still-competitive market heading into year-end.

Thinking of Buying or Selling?

If you’re planning to buy or sell this season, preparation is key. Partner with a trusted local Realtor who brings not only market expertise but a network of vetted lenders, inspectors, and contractors to ensure your move is smooth, strategic, and successful from start to close. We’ll guide you every step of the way. Email me at RuthSummers@KW.com to learn more and talk about your options.      

Ruth