York’s Spring Market Showing Signs of Slowing Compared to Last Year
The York market saw a slowdown in activity this March, with just 7 homes sold compared to 17 during the same month last year. The median home sale price came in at $735,000—down from $822,500 in March 2024. Homes took an average of 28 days to sell, a notable increase from last year’s average of just 10 days, suggesting buyers are taking more time and inventory may be sitting a bit longer.
Despite the slowdown, homes are still holding value, selling at 100% of asking price on average. Two land sales closed in March, with a median land sale price of $596,500 and an average price per acre of approximately $375,157.
Zooming out, York County as a whole also experienced a dip in activity, with 177 closed sales this March compared to 226 last year—a 21.7% decrease. On the bright side, interest rates are trending downward. After hitting 7.05% in January, rates dropped to 6.95% in February and 6.72% in March, which may help spark renewed buyer activity as we move into spring.
If you’re considering buying or selling, let’s connect to explore how these evolving market conditions can work for you! Click here to see all past sold in multiple towns!
All Sold in March 2025, York, ME
