The latest report from MyMarketPulse (mymarketpulse.com) has been published, offering a comprehensive review of Cumberland County, Virginia’s real estate market for February 2024.
According to the latest data, Cumberland County’s Median Sale Price was pegged at $282,500, showing a decrease of 2.60% from the preceding month and a drop of 2.10% from the year before.
The area witnessed the sale of 10 homes during this period, which is a 100.00% increase from the preceding month and an increase of 25.00% compared to the same timeframe last year.
The median time homes spent on the market was 62 days, which is up 36 days compared to last month and a decrease of 2 days over the previous year.
Currently, with a Market Pulse Score of 94, Cumberland County’s real estate market appears to be experiencing a downtrend.
For more information about the Cumberland County, Virginia 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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