Cape Elizabeth only achieved single family sales in 2021 as 146 transactions were completed - a decline of 3.3%. Results would have been much higher if more inventory was available, as demand from buyers was strong.
Median selling prices vary considerably from year to year, depending up the mix of homes that are sold - as some properties along the ocean are often sold at significantly higher prices. Nonetheless, the MSP appreciated 17.7% in 2021 - ranking it as one of the highest priced communities in southern Maine.
The inventory of homes for sale reached historic low levels in 2021, approaching a decline of almost 40% during the past eighteen months.
Market Infographic
The chart below is a single-page deep dive of Maine real estate activity. Use the filter along the top to identify property types, counties and towns. The far-right column is the most recent month. Just to the left of that is the percentage change from the prior month. The far-left column is percentage change from the same month of the prior year.
The sparkline is the 13-month window from the same month of the prior year to last month.
Cape Elizabeth Sales
Year
Units
Price
2021
146
$738,750
2020
151
$627,500
2019
149
$535,000
2018
134
$547,750
2017
159
$496,750
2016
147
$462,500
2015
171
$400,000
2014
150
$425,000
2013
128
$438,000
2012
136
$354,863
2011
115
$382,500
2010
121
$385,000
2009
102
$287,167
2008
194
$358,000
2007
132
$375,000
2006
123
$375,000
2005
129
$400,000
2021 Report Download Market Report
2021 Market Report Video
Market Snapshot
Use the chart below to review past real estate sales and statistics. Select from several important parameters to view monthly trend data for the last three years. The interactive chart can further configured by property type, county and town using the drop-down menu.
