Cape Elizabeth, ME
Housing market overview · Updated weekly
$715,000median sale price
Homes sold
5
Last 12 weeks
Days on market
15
Fast-moving
Active listings
13
2.6 months supply
Sale-to-list
100.2%
Above asking
The Cape Elizabeth housing market is currently classified as a seller's market with a median sale price of $715,000. Prices have risen 15.9% compared to last year, with homes spending an average of 15 days on market, indicating 2.6 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
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Frequently asked questions
What is the average home price in Cape Elizabeth?
The median home sale price in Cape Elizabeth is $715,000, up 15.9% from last year.
How long do homes stay on market in Cape Elizabeth?
Homes typically spend 15 days on market before going under contract.
Is Cape Elizabeth a buyer's or seller's market?
With 2.6 months of supply, Cape Elizabeth is currently a seller's market.
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