MyMarketPulse (mymarketpulse.com) just released its analysis of the May 2024 market data for Penobscot County, Maine.
For May 2024, the data showcases a Median Sale Price of $295,500 in Penobscot County, a rise of 13.7% from the last month and an increase 18.2% from the same period the previous year.
A total of 128 homes were sold in the region, indicating an increase of 45.5% from last month and a rise of 15.3% when compared with a year ago.
The median time homes spent on the market was 35 days, which is down 1 day compared to last month and an increase of 10 days over the previous year.
Penobscot County’s Market Pulse Score currently stands at 99 indicating a falling trend for the market.
For more information about the Penobscot 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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