Question 1

How competitive is the housing market in Bailey Island (04003)?

Accepted Answer

The Bailey Island (04003) (04003) in Bailey Island, ME housing market has a competitiveness index of 35 out of 100, making it a less competitive market for buyers. This score is based on days on market, overbidding trends, and inventory levels.

Question 2

How much should I bid on a home in Bailey Island (04003)?

Accepted Answer

Homes in Bailey Island (04003) (04003) in Bailey Island, ME sell for an average of 5.7% below asking price. There may be room to negotiate below asking price.

Question 3

How fast do homes sell in Bailey Island (04003)?

Accepted Answer

The median days on market in Bailey Island (04003) (04003) in Bailey Island, ME is 48 days. Buyers have a reasonable window to evaluate properties before making an offer.

Question 4

What is the median home price in Bailey Island (04003)?

Accepted Answer

The median sale price in Bailey Island (04003) (04003) in Bailey Island, ME is $1,912,500. The median price per square foot is $608. This is based on 2 recent home sales.