Question 1

How competitive is the housing market in Cape Elizabeth (04107)?

Accepted Answer

The Cape Elizabeth (04107) (04107) in Cape Elizabeth, ME housing market has a competitiveness index of 41 out of 100, making it a moderately 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 Cape Elizabeth (04107)?

Accepted Answer

Homes in Cape Elizabeth (04107) (04107) in Cape Elizabeth, ME sell for an average of 0.6% below asking price. Offers near asking price are typical in this area.

Question 3

How fast do homes sell in Cape Elizabeth (04107)?

Accepted Answer

The median days on market in Cape Elizabeth (04107) (04107) in Cape Elizabeth, ME is 26 days. Homes sell relatively quickly, so buyers should be prepared to make timely offers.

Question 4

What is the median home price in Cape Elizabeth (04107)?

Accepted Answer

The median sale price in Cape Elizabeth (04107) (04107) in Cape Elizabeth, ME is $880,000. The median price per square foot is $381. This is based on 19 recent home sales.