As of June 2009, there here are currently103  homes for sale in Cape Elizabeth at a median asking price  of about 475K . A classic suburb of Portland situated on the ocean, the real estate in this southern Maine community has kept good value through the economic downturn.  Volume has picked up significantly since the winter months whilst median pricing remains significantly down by about 50% from a year prior.

Thanks for reading,

John
Southern Maine real estate Agent