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Maine home sales and values up in August

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Home sales in Maine remain healthy, though buyers are still faced with fewer properties for sale. According to Maine Listings, Realtors across the state sold 1.66 percent more single-family existing homes in August 2024 compared to August of 2023. The median sales price (MSP) reached $400,000 in August—a rise of 7.53 percent over a year ago. The MSP indicates that half of the homes were sold for more and half sold for less.

“The number of homes for sale in Maine has nearly doubled since February 2024,” says Paul McKee, President of the Maine Association of REALTORS® and Broker affiliated with Keller Williams Realty in Portland. “Despite the increase of inventory, the supply-and-demand imbalance remains challenging, and supply is still below the levels needed.

“With 4,964 homes for sale last month and sales of 1,535 units, Maine’s for-sale inventory remains at a 3.2-month supply level, well below the six-month supply level that is indicative of a more balanced market for both buyers and sellers,” adds McKee.

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The National Association of Realtors has reported a decline of 3.3 percent in single-family existing home sales nationwide comparing August 2024 to August 2023. The national MSP reached $422,100 in August, a rise of 2.9 percent from August of 2023. Regionally, August 2024 sales in the Northeast remained even compared to a year ago, and prices increased 7.7 percent to $503,200.

“We’re starting to see more optimistic signs for buyers with additional homes coming on the market, while mortgage interest rates are inching downward. Strong demand remains for the inventory we have,” says McKee. “As always, engage with your Realtor early during the process, whether selling or buying, to navigate this continuing competitive market while achieving your home ownership or investment goals.”

 

 

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Maine

Maine competition gives creative entrepreneurs the chance to win money

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Maine competition gives creative entrepreneurs the chance to win money


BANGOR, Maine (WABI) – If you’ve ever wondered what goes into pitching a good business idea, you might want to stop by a Big Gig event.

The Big Gig Entrepreneurship Pitch Off brings professionals from across the state together to network and pitch their early-stage business ideas for a chance to win $500.

Tuesday’s competition was held at the Salty Brick Market in Bangor, and it drew a lot of spectators.

“The winners of each semifinal event get $500 and the opportunity to compete for $5,000, so that can make a huge impact on a business that’s just getting off the ground,” said Renee Kelly, a Big Gig organizer.

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The winner of the competition, Colin McGuire, was also grateful for the opportunity to showcase his idea “Art on Tap,” which would connect local artists with local venues trying to put on events.

“The support tonight is huge, and it’s just giving me more enthusiasm for running with the idea,” he said.

The season finale of the competition will be held May 19th.

The location is yet to be determined.

If you’d like to apply to compete in the contest, you can go to biggig.org.

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Maine

This Monster Burrito Challenge in Waterville, Maine, Is Not for the Weak

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This Monster Burrito Challenge in Waterville, Maine, Is Not for the Weak


Are you up for a Maine food challenge, or are your eyes bigger than your stomach?

A Waterville staple, Buen Apetito has a monster burrito just waiting for someone to eat it down to the very last bite.

This thing is a beast, literally called La Bestia, and it’s definitely a mighty task for a fearless foodie.

Take on the Buen Apetito La Bestia Food Challenge in Waterville, Maine

According to Buen Apetito, if you can finish a super-sized burrito in 30 minutes or less, you’ll get the $60 meal for free, a La Bestia champion shirt, and a picture on the wall of fame. That’s not to mention the bragging rights of dominating a task few will be able to conquer.

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Wondering what’s in the burrito?

The Mexican restaurant shared in a Facebook comment on a post that the burrito is filled with “grilled chicken, chorizo, and tender shredded beef or pork. Built on a layer of seasoned rice, refried beans, and French fries, it’s melted together with a shredded Mexican cheese blend and a drizzle of creamy cheese sauce, sautéed peppers and onions, green salsa, pico de gallo, sour cream, creamy guacamole, and a bed of shredded lettuce all wrapped in three extra-large tortillas fused into one epic wrap.”

Let’s just say that this thing is packed full.

The first La Bestia contender took up his fork and knife in December 2025, but despite coming close, he couldn’t come out with the win.

As of March 2026, the challenge has remained undefeated. But you never know, someone is bound to come out victorious.

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Just note that you can only try your hand at this food challenge on Wednesday and Thursday.

Buen Apetito Has Been a Longstanding Waterville, Maine, Restaurant

First opened in 1999, Buen Apeitito has been around for nearly 30 years.

Centralmaine.com reported that the Mexican restaurant was originally located at the Railroad Square complex off Chaplin Street before moving to 99 West River Road in 2023.

A little over a year later, in 2024, Buen Apetito shared on Facebook that it was passing on the torch to new owners, including Dalia, “the heart and soul of [the] kitchen for twenty years,” her daughter, Norma, and Norma’s husband, Shawn.

READ MORE: Famous Maine Restaurant Buen Apetito Adds Powerhouse New Owner to Crew

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And it seems like not only are things still going strong, but new additions like La Bestia food challenge are only enhancing the spirit of big flavor and delicious Mexican food at the Waterville staple.

So, you think you’re up for the task of taking down a beast of a burrito at Buen Apetito? Good luck.

You Know You’re From Maine If You’ve Tried All 19 of These Foods

Here’s a number of foods associated with Maine. How many of them have you had?

Gallery Credit: Sean McKenna

The New York Time’s Best Restaurant Lists Feature These 7 Maine Spots

Gallery Credit: Sean McKenna

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How the Good Neighbor Day of Giving telethon is impacting Maine’s communities

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How the Good Neighbor Day of Giving telethon is impacting Maine’s communities


BANGOR, Maine (WABI) – Monday’s telethon held by WABI in partnership with Penquis and Heart of Maine United Way Monday raised money for the heating of homes, something so basic, yet so significant in a state like Maine.

Danielle Hewes, Penquis contributor and volunteer, says some people might not even know that they qualify for heating assistance.

“I think there’s this misconception that you can’t get that if you’re working. Like that’s just for people on general assistance. The truth of the matter is this is for the people that are maybe not able to work, but also for the people that are working. They’re making ends meet,” she said.

For Danielle, that’s what makes events like the telethon so special: it’s making a real difference in the community with people who need the help the most.

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Speaking about Penquis in particular, she said, “You learn about all of the other things they do and how they help the community and you can’t help but want to be a part of that.”

If you weren’t able to donate Monday, donations are still being accepted.

You can go to homeunitedway.org/heat.

You can also call 941-2800.

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