Real Estate: How the Pandemic Has Affected the Residential & Commercial Real Estate Market in Maine

Feb 19, 2021


The pandemic made 2020 a record year for residential real estate, as people flocked to Maine seeking a different kind of lifestyle. Almost every county in the state saw double-digit appreciation. Meanwhile, commercial real estate had highs and lows, depending on the type of business. We’ll discuss what the outlook is for real estate in the year ahead.


Madeleine Hill, president elect, Maine Association of Realtors

Brit Vitalius, principal, designated broker, Vitalius Real Estate Group; president, Southern Maine Landlord Association

Sarah Johnson, homeowner whose family recently moved to Maine from Massachusetts

Justin Lamontagne, partner, NAI The Dunham Group