Your Local York April, 2025 Real Estate Market Report

Market-Report-April-2025

The York real estate market remained steady in April, with a slight increase in home sales and strong pricing trends. A total of 19 homes closed during the month, up from 16 sales in April 2024. The median sale price rose to $860,000, an increase from $767,500 a year ago. Homes spent an average of just 7 days on the market, down from 26 days last year, and sellers received 100% of their asking price on average.

York Snapshot:

  • Homes Sold in April: 19 (up from 16 last year)
  • Median Sale Price: $860,000 (up from $767,500)
  • Average Days on Market: 7 (faster than 26 days last year)
  • List-to-Sale Price Ratio: 100%
  • Current Active Listings: 54
  • Current Pending Sales: 34
  • Land Sales: 4
  • Median Land Sale Price: $294,000
  • Average Land Price Per Acre: $123,034

York County and Statewide Market Overview
Market activity across York County and Maine saw a mild decline in year-over-year closed sales, while inventory and buyer interest remain steady.

York County Stats:

  • April 2025 Closed Sales: 217 (down from 222 in April 2024)
  • Current Active Listings: 667
  • Current Pending Sales: 467

State of Maine Stats:

  • April 2025 Closed Sales: 1,136 (down from 1,192 last year)
  • Current Active Listings: 3,876
  • Current Pending Sales: 2,340

Interest Rate Update
Interest rates remain relatively high but have declined slightly from last year:

  • Current National Average: 6.88%
  • High in April: 6.9%
  • One Month Ago: 6.72%
  • One Year Ago (April 2024): 7.13%

What This Means for Sellers
Homes in York are selling quickly and for full asking price, indicating a healthy and competitive market. With 54 active listings and 34 pending, buyer demand is holding strong. If you're considering listing your home, conditions remain favorable. Pricing remains strong, and lower days on market means many homes are moving fast.

If you’d like to explore your home’s current market value or get tailored advice on listing, reach out anytime.
April-2025

Check out this article next

Your Local South Berwick March, 2025 Real Estate Market Report

Your Local South Berwick March, 2025 Real Estate Market Report

Early Signs of the Spring Market in South BerwickSpring is here, and the South Berwick market is showing continued strength. The median home sale price…

Read Article