UAD 3.6 Preparation
Scope, Timing, and Practical Impacts
The Uniform Appraisal Dataset (UAD) 3.6 introduces a redesigned appraisal reporting structure for loans delivered to Fannie Mae and Freddie Mac. The change replaces legacy, form-number-based reporting with a standardized, data-driven format. This page summarises key dates, scope, and practical impacts without getting into technical documentation.
Key dates and transition timeline
Active Listings See Continued Growth Across Maine
Inventory levels increased across much of Maine in Q1 2025, continuing a trend that began in early 2023. Most counties reported higher active listing counts relative to prior years, although levels remain below pre-pandemic benchmarks in several regions.
Cumberland County recorded the highest Q1 2025 inventory in the state, averaging 527 active listings, up from 432 in Q1 2024 but still below the Q1 2019 level of over 1,000.
York County followed with 451 active listings, a 24% increase over last year.
Androscoggin County averaged 94 active listings, a modest gain from 81 in Q1 2024, but still well below the 274 listings seen in Q1 2019.
Oxford, Somerset, and Franklin Counties also posted year-over-year increases, although inventory levels in these rural regions remain comparatively limited.
Portland registered an average of 108 active listings in Q1 2025, up from 82 the prior year, reflecting improved availability in the metro core.
Despite the gains, available inventory across most counties remains constrained compared to historical norms. This contributes to continued pricing pressure in many areas, particularly in southern and coastal regions where demand remains strong.
Maine’s residential market continues to recalibrate as inventory levels rise and marketing times lengthen. While active listings and months of inventory have increased across most counties in Q1 2025, they remain well below 2019 benchmarks. Median sale prices have continued to trend upward, reflecting sustained demand in many submarkets. However, the growing share of closed sales involving price reductions—particularly in counties such as Piscataquis, Franklin, and Knox—indicates that sellers are increasingly required to adjust list prices to meet buyer expectations. As the year progresses, market participants will need to monitor whether elevated inventory and increased pricing sensitivity alter transaction velocity or price trajectories across the state.