MyMarketPulse (mymarketpulse.com) just released its analysis of the May 2024 market data for Somerset County, Maine.
The Median Sale Price for properties in Somerset County was documented at $218,500 for May 2024. This price point is a downward move of 9.7% from the previous month and shows a 9.0% drop from the year before.
Sales of homes in the region saw 39 homes changing hands. This represents an increase of 44.4% from the month before and down 15.2% compared to the same month last year.
The Median Days on Market for homes in Somerset County stood at 70 days, which is an increase of 16 days days over the previous month and up by 16 days day from the previous year.
With a Market Pulse Score of 90, the analysis suggests a falling trend in Somerset County’s housing market momentum.
For more information about the Somerset 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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