Cape Elizabeth May 2011 real estate update

Real Estate Agent with The Herrigel-Kennedy Group - Portside Real Estate

 For the month ending May 31st 2011 the Cape Elizabeth real estate market saw 10 single family homes and condos sell at a median price point of 440K.. a 11% year over year volume increase and a 38% year over year pricing increase..awesome! Statistics can be skewed, particulary given the smaller sample sizes, but it seems the greater Portland residential housing market continues to stabilize and improve contrary to larger national trends that are being reported.

This report was compiled by John Herrigel with the Herrigel group, a local real estate broker with Green Tree Realty. For additional information on real estate in Cape Elizabeth please reach out anytime at 207-650-5383 or

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