Scarborough, ME
Housing market overview · Updated weekly
$520,481median sale price
Homes sold
10
Last 12 weeks
Days on market
43
Average pace
Active listings
7
0.7 months supply
Sale-to-list
98.9%
Below asking
The Scarborough housing market is currently classified as a seller's market with a median sale price of $520,481. Prices have risen 33.5% compared to last year, with homes spending an average of 43 days on market, indicating 0.7 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
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Frequently asked questions
What is the average home price in Scarborough?
The median home sale price in Scarborough is $520,481, up 33.5% from last year.
How long do homes stay on market in Scarborough?
Homes typically spend 43 days on market before going under contract.
Is Scarborough a buyer's or seller's market?
With 0.7 months of supply, Scarborough is currently a seller's market.
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