Portland, Maine (January 2024) Legacy Properties Sotheby’s International Realty, Maine’s leading luxury property company with offices in Portland, Kennebunk, Brunswick, Damariscotta, Camden, and Northeast Harbor, announced that it again retained the #1 ranking for luxury property sales in Maine. The company reported results based on its ongoing success selling properties priced over $1 million. According to Maine Listings statistics, Legacy Properties Sotheby’s International Realty closed 254 transaction sides over $1 million in 2023, for a total sold volume of $526 million. This is a substantial increase when compared to our 2022 luxury sales performance. The statistics also show that the company outperformed the #2-ranked agency in this highly competitive market segment by more than 75%. Luxury sales accounted for nearly 65% of Legacy Properties Sotheby’s International Realty’s total sales for the year. “Prices have been rising aggressively over the past four years, which has expanded the luxury market category with more homes and more competition,” said Chris Lynch, President. “We feel very fortunate to have increased our market share and our leadership in this important area of focus for our talented team of agents.” Legacy Properties Sotheby’s International Realty is also proud to report that it ranks as the #1 real estate company in Maine for many other sales price categories, including all property sales above $2 million, $3 million, $4 million, and $5 million. The company is proud to report that it also ranks #1 statewide for sales over $600,000. “We have such a broad and strong base of new and returning clients who appreciate our level of commitment to excellence and unparalleled service,” adds Lynch. “When you have so many great agents who work incredibly hard to do the right thing for their clients, it becomes a self-fulfilling prophecy of success.” Legacy Properties Sotheby’s International Realty attributes its success to offering its listing clients a very strong package of marketing services, including exceptional professional photography, Matterport 3D virtual tours, glossy print advertising, global property distribution through its exclusive network of agents, and luxury branding through its affiliation with Sotheby’s International Realty. “We were still in a seller’s market in 2023, which is continuing into 2024,” Lynch concludes. “We are expecting to experience the beginning of a return to a more balanced relationship between buyers and sellers. There is no question that buyers will want to have an agent with their finger on the pulse of the market in a changing environment.” Legacy Properties Sotheby’s International Realty can be reached at 207-780-8900 and [email protected]. Legacy Properties Sotheby’s International Realty, with offices in Portland, Kennebunk, Brunswick, Damariscotta, Camden, and Northeast Harbor, is Maine’s leading luxury and lifestyle property company, with six offices and more than 100 agents serving Maine and New Hampshire’s coastal, lake, and mountain communities. Offices Located At: 2 City Center, Portland, ME 04101 // 207.780.8900 (Greater Portland Maine Real Estate) 150 Port Road, Kennebunk, ME 04043 // 207.967.0934 (Southern Maine and Seacoast New Hampshire Real Estate) 141 Maine Street, Brunswick, ME 04011 // 207.729.2820 (Mid Coast Maine Real Estate) 170 Main Street, Damariscotta, ME 04543 // 207.563.2775 (Boothbay Harbor, Damariscotta, and Bristol Regions Real Estate) 46 Bay View Street, Camden, ME 04843 // 207.230.1003 (Rockland, Camden, and North to Mount Desert Real Estate) 6 Neighborhood Road, Northeast Harbor, ME 04662 // 207.780.8900 (Mount Desert, Bar Harbor, and Hancock County)