Scarborough offers a wide range of real estate options. There are areas along the ocean (Pine Point), many larger subdivisions within close proximity to the local business districts and a generous selection of existing homes that offer larger rural lots that are often surrounded by trees. There are also many opportunities for new construction.
Restricted by low inventory, sales declined in 2021 by 6.6%, while median selling prices increased for the eighth consecutive year - reaching $570,000 - up 18.8%.
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
310
$570,000
2020
332
$480,000
2019
352
$417,500
2018
361
$405,000
2017
350
$401,250
2016
348
$369,000
2015
339
$365,000
2014
292
$334,138
2013
297
$227,700
2012
216
$311,000
2011
196
$329,450
2010
197
$319,000
2009
192
$312,500
2008
178
$327,575
2007
222
$333,750
2006
228
$357,485
2005
246
$323,750
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.
