MyMarketPulse (mymarketpulse.com) has unveiled its analysis for February 2024, focusing on the property market trends in Cumberland County, Maine.

The Median Sale Price for properties in Cumberland County was documented at $503,000 for February 2024. This price point is a downward move of 7.50% from the previous month and shows a 1.40% drop from the year before.

141 home was sold, a decrease 4.70% from the previous month and an increase of 12.80% from the prior year.

Additionally, the Median Days on Market for listings was observed at 37 days, 2 days longer compared to the previous month and longer by 9 days from last year.

The Market Pulse Score for Cumberland County is presently at 81, signaling a downward trajectory in the market’s activity.

For more information about the Cumberland County, Maine market, visit MyMarketPulse.com.

MyMarketPulse is a free service of Digital Build Team (DBT, DigitalBuildTeam.com). Its goal is to help everyone quickly understand and compare real estate markets by providing timely data and visual analysis to help explain current market trends and predict future opportunities.

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