MyMarketPulse (mymarketpulse.com) has unveiled its analysis for May 2024, focusing on the property market trends in Lincoln County, Maine.
The report shows that the Median Sale Price in Lincoln County reached $480,000 as of May 2024, marking an increase of 22.2% over the previous month and a 12.5% rise compared to a year ago.
During this period, 35 homes were sold in the area, reflecting an increase 25.0% compared to the month beforeand and an increase of 34.6% from the same month in the previous year.
Homes remained on the market for a median of 34 days, which is down 24 days from the month before and down 7 days from the previous year.
Lincoln County’s Market Pulse Score currently stands at 90 indicating a falling trend for the market.
For more information about the Lincoln 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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