In Cape Elizabeth in the month of June 12 residential homes were sold at median price of 265K after sitting on the market for 57 days. This is fairly similar to a year prior when 16 home sold but at a significantly higher median price point of 364K after sitting on the market for 26 days. Residential inventory rest at 110 residential homes in Cape Elizabeth ME.
Overall the markets are solid and continue to be helped out significantly by the ME fist time home buyer.
For more information on homes for sale in Southern Maine please visit www.mymaineproperty.com or feel free to contact me directly at 207-650-5383 or via email at john@greentreemaine.com
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