In this month’s Elegant Maine Living, Elise Kiely unpacks what the national real estate market is whispering to Maine — and why timing, strategy, and local insight matter more than ever. From national affordability challenges to Maine’s rising inventory, Elise explains how trends from other markets eventually make their way up the coast, giving Maine buyers and sellers a chance to prepare and act wisely.
You’ll learn:
- National Market Trends: Why buyer jitters persist despite stable mortgage rates, how equity gains are shaping seller decisions, and why today’s market is nothing like 2008.
- Maine Market Highlights:
- Statewide home sales up 10.5% year-over-year in June.
- Inventory up 14% over May — the highest since 2020.
- Cumberland County’s rolling 2nd quarter sales up 15%, median price just over $600K.
- Lincoln County’s sales up 20% with a 24% jump in median price to $507K.
- New Maine Legislation: How a tripling of the real estate transfer tax on the portion of sales above $1M (effective Nov 1, 2025) could impact timing for luxury transactions.
- Strategic Takeaways: Why late summer and early fall could be a sweet spot for buyers, and why sellers may want to move before spring competition heats up.
Plus, Elise takes you inside her stunning new $5.95M listing at 10 Cromwell Cove in Harpswell — a private 3-acre coastal retreat with 315 feet of sandy beach frontage, sweeping ocean views, classic shingle-style architecture, and a sleek contemporary interior. Whether you dream of hosting a wedding on the lawn, enjoying barefoot walks to the shore, or simply soaking in Harpswell’s magical light, this home is pure Maine coastal elegance.
Links & Resources:
- View the full listing for 10 Cromwell Cove, Harpswell: See Listing
Connect with Elise
🌐 Website & Listings: Legacy Properties Sotheby’s International Realty
📸 Follow Elise on Social Media:
- Instagram: @elisekielyrealestate
- Facebook: Elise Kiely Real Estate
- LinkedIn: Elise Kiely
Have Questions or Topic Suggestions, e-mail Elise at
- Elise@EliseKiely.com
Subscribe, share with a friend, and join Elise every other week to discover what makes Maine not just beautiful—but beautifully lived.
Please remember this podcast is for entertainment and educational purposes only and does not create an attorney client or real estate advisor client relationship. Please reach out to me directly if I can assist you in your real estate journey.
Popular Podcasts
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.
Dateline NBC
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Follow now to get the latest episodes of Dateline NBC completely free, or subscribe to Dateline Premium for ad-free listening and exclusive bonus content: DatelinePremium.com
New Heights with Jason & Travis Kelce
Football’s funniest family duo — Jason Kelce of the Philadelphia Eagles and Travis Kelce of the Kansas City Chiefs — team up to provide next-level access to life in the league as it unfolds. The two brothers and Super Bowl champions drop weekly insights about the weekly slate of games and share their INSIDE perspectives on trending NFL news and sports headlines. They also endlessly rag on each other as brothers do, chat the latest in pop culture and welcome some very popular and well-known friends to chat with them. Check out new episodes every Wednesday. Follow New Heights on the Wondery App, YouTube or wherever you get your podcasts. You can listen to new episodes early and ad-free, and get exclusive content on Wondery+. Join Wondery+ in the Wondery App, Apple Podcasts or Spotify. And join our new membership for a unique fan experience by going to the New Heights YouTube channel now!