Friends,
Friends, happy spring! Although I love winter, it sure is nice to see a little more green and longer days. Here is a recap of what I’ve been up to over the winter, where the market is at, and a few thoughts on the spring and summer…. Do shoot me a reply so we can keep in touch!
Amy, Maddie, & Me.
We’ve been on some terrific trips this winter... Christmas in Maui (wow…. special stuff!), February school break skiing at Mont Sainte-Anne and a few nights in Quebec City (it’s been many years and it’s lovely. The old city is so charming (we stayed at and loved Auberge Saint-Antoine) and the skiing both Nordic and alpine was perfect), and finally we just returned from a short trip to Lake Tahoe (while the skiing at the famed Heavenly Resort was lackluster (no snow), the area is truly breathtaking and a must-visit). You can follow our family adventures by following @thefamilywander on Instagram (Amy is so good at this…).
Where have you been that we need to visit?
April – May – June – It’s go-time!
If you or someone you know is in the market to sell any time in 2026. Seasonal selling is back, and we strongly recommend listing in the spring to ensure the very best results. So, if you, your family, neighbors, or coworkers are considering a sale, reach out. Prep – or a process we call Launch vs. List – is critical to sales success. We all know you never get a second chance to make a first impression. So, contact my team and me so we can help you choose the right improvements, get them done quickly and in a budget-conscious way, and achieve the very best results.
Learn more about our unique approach, visit: www.whereyoucallhome.com
Connect with me and my team: 207-775-0248 or landryteam@benchmarkmaine.com
30 Listings in 30 Days
Here is your rapid-fire sneak peek at some of our upcoming listings. Looking for a new home? Know someone who is or might be? Reach out - not all of these or other listings will hit the open market… as our buyers always get first bids…
Portland
- East End – deluxe condo with the best – yes, that right – views on Portland
- Rosemont – 2 lovely single-family homes listing for $599K
- Capisic – spacious condo with garage, patio, 3 bedrooms, 2.5 baths $550K
- North Deering – the perfect condo alternative, 2 bedroom that’s perfect
- Deering Center – to be listed as a single-family in a great location and great value
South Portland – Knight Ville 2BR condo that’s like new for under $700K
Falmouth – sun-filled, 4-5 bedroom single-family with garage and first floor primary for under $1M
Scarborough – 2 single families with 4 bedrooms, garages, lots of space, and move-in ready quality for ~$900
The To-Do List…
It’s the time of year when homeowners form a list of what they want to fix or improve around the house. If you’re in the mode, be sure to reach out to my team at CornerStone Building & Restoration. There is nothing they can’t do, and they are the only building firm with my seal of approval and backing.
Learn more: www.cornerstonebr.com
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The World is CRA – Should I Wait to Sell??
6:38AM - Seller Text: Hey Tom, the war is dragging on, and mortgage rates have been going up. I’d like to know what you have been experiencing right now with regard to home sales and inquiries. Should we continue with preparation and the plan to sell this spring?
6:44AM - My Reply: You know, that’s a great question. I was thinking about that this morning, listening to a mix of NPR, Meet the Press, and the BBC Global News podcast… kind of pondering how macro and geopolitical happenings on a national and global level impact us here in Greater Portland / Southern Maine on a micro level.
In some ways it does, and in some ways it doesn’t. Some areas of the country—especially more volatile, rate-sensitive markets like parts of California, Texas, or Florida—tend to feel economic shifts a lot more quickly. More speculation, more investor activity. That’s where you see sharper swings.
Here, it’s different. More needs-based buyers, tighter inventory, and less volatility. So we’re not immune, but we’re also not seeing that kind of pullback right now.
Just the opposite; the market is really good. Will that continue? I don’t know. But I do think it’s shaping up to be a great spring. We’re seeing a ton of activity, and even bidding wars again. To me, it’s the best time to be a seller since the beginning of COVID.
As far as timing, April, May, and June are the strongest months to list. After that, things taper as people want to be settled before school, and we head back into a more seasonal market. And next year? No guarantees. We know this market, and we know it’s good.
So my advice is to stay on the path we’re on rather than waiting on a “maybe.”
TL
(want to see more of these and stay in closer communication – follow me on Instagram @homewithtomlandry or friend me on Facebook)
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FOMO alert — East End Investment Opp.
I have a rare development site opportunity on Portland’s East End, and I’m locking in investor commitments immediately. We will be moving forward with either a high-end condominium project or much-needed rental housing, depending on the final structure — either way, this is a strong, high-upside play in one of Portland’s most desirable locations.
Minimum investment: $50,000.
If you’ve ever wanted to break into real estate development, this is a clear and accessible entry point. My team is experienced, ready to execute, and we’ll guide investors every step of the way.
Learn more about the mission at: www.investlocal.me
Questions? Call or text me directly at 207-939-0185 or send a DM.
This window is short — let’s move.
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Real Art - Real Estate.
They say every purchase is emotional. I say every real estate purchase is the height of emotion. The trick when selling isn’t to sell - it’s creating a connection. This doesn’t happen with a wide-angle lens but in the bespoke, the intimate, the little things that portray the past and paint a picture of what could be.
There is a difference – learn how my team and I are uniquely qualified, visit: www.whereyoucallhome.com
April Update – March Stats & Top Sales
Spring Awakens in Portland Real Estate: Activity Surges as Buyers Re-Engage and Inventory Expands
March data shows a sharp rebound in activity, with rising sales, faster timelines, and growing inventory signaling the start of a more dynamic spring market.
Portland, Maine - April 2026 - After a winter defined by slower activity and lingering listings, March marked a clear shift in the Portland real estate market. Buyers returned in force, homes began moving more quickly, and inventory continued to build, setting the stage for a more competitive spring.
Following months of subdued conditions, March reflects a transition back toward a more active, seasonally typical market. Warmer weather, stabilizing interest rates, and increased selection appear to be drawing buyers back into the market at a meaningful pace.
"We are seeing a real shift from the slower winter market into a much more active spring environment," said Tom Landry, Broker and Owner of Benchmark Real Estate. "Buyers are stepping back in with confidence, and homes are moving much faster. At the same time, inventory continues to build, which is creating a more balanced and dynamic market than we’ve seen in recent years."
Single-Family Homes - Month-over-Month (February > March)
- Median Sale Price: February $580,000 -> March $605,000 (+4.3%)
- Closed Sales: February 13 -> March 19 (+46.2%)
- Median Days on Market: February 65 -> March 30 (-53.8%)
- Active Inventory: February 21 -> March 33 (+57.1%)
The single-family market showed a strong rebound in March, with sales activity rising significantly and homes selling in roughly half the time compared to February. Inventory also expanded notably, giving buyers more options even as demand increased.
Compared with March 2025, prices were up 11.5%, sales increased 18.8%, and days on market dropped 32.6%, indicating stronger demand and improved absorption. However, new listings were down 37.0% year over year and inventory was down 8.3%, suggesting supply constraints still exist beneath the recent monthly gains.
"This is a meaningful shift," Landry said. "Homes are moving again, and buyers are acting more decisively. But with inventory still relatively tight compared to last year, well-positioned properties are continuing to perform strongly."
Top Single Family Sale - 4 Walker St., $1,000,000, 4BR, 2.5BTH, 3,025 sq ft.
Condominiums - Month-over-Month (February > March)
- Median Sale Price: February $432,501 -> March $550,000 (+27.2%)
- Closed Sales: February 13 -> March 24 (+84.6%)
- Median Days on Market: February 29 -> March 9 (-69.0%)
- Active Inventory: February 74 -> March 78 (+5.4%)
The condo market saw one of the most dramatic turnarounds in March, with a sharp increase in both pricing and sales activity, alongside a significant drop in days on market.
Year over year, prices rose 16.7% and sales increased 50.0%, while days on market edged up slightly (+5.9%). Inventory climbed 23.8% and new listings declined 12.8%, reflecting a market where demand surged despite somewhat constrained new supply.
"Condos bounced back in a big way this month," Landry said. "After several softer months, we are now seeing strong buyer demand reassert itself, particularly for well-located and well-priced units."
Top Condo Sale: 51 Carleton St., Unit A, $2,336,000, 4BR, 4.5BTH, 2,883 sq ft.
Two- to Four-Unit Properties - Month-over-Month (February > March)
- Median Sale Price: February $949,000 -> March $950,000 (+0.1%)
- Closed Sales: February 7 -> March 7 (0.0%)
- Median Days on Market: February 8 -> March 14 (+75.0%)
- Active Inventory: February 23 -> March 29 (+26.1%)
Multifamily activity remained limited in March, with no change in total sales volume and only modest price movement. Days on market increased, and inventory expanded, though the overall sample size remains small.
Compared with March 2025, prices were up 16.2%, but sales declined 12.5% and days on market dropped significantly (-67.4%). Inventory remained flat year over year, while months supply increased 14.3%, reflecting a slightly more balanced environment.
"Multifamily continues to be a small-sample market where trends can shift quickly," Landry said. "Even so, demand remains steady, and the increase in inventory is something we will be watching closely as we move deeper into the spring."
Top 2-4 Unit Sale: 103 Deerfield Rd., $1,150,000, 2–3BR units, 3,848 sq ft.
Market Outlook
March appears to mark the beginning of Portland’s spring market in earnest. Buyers are re-engaging, homes are moving faster, and inventory is rising—creating a more active and balanced landscape than earlier in the year.
With mortgage rates stabilizing and seasonal momentum building, April through June will be critical months for both buyers and sellers.
"This is when the market really takes shape," Landry said. "We are likely heading into a competitive spring, but one that feels more balanced than the past few years. Buyers have more options, but strong homes are still going to stand out and perform."
