MyMarketPulse (mymarketpulse.com) has unveiled its analysis for August 2024, focusing on the property market trends in Penobscot County, Maine.
For August 2024, the data showcases a Median Sale Price of $280,500 in Penobscot County, a rise of 0.2% from the last month and an increase 8.3% from the same period the previous year.
The region reported 174 home sales, marking an increase of 18.4% from the prior month, and 0.6% decrease year-over-year.
The median time homes spent on the market was 42 days, which is up 6 days compared to last month and an increase of 9 days over the previous year.
Penobscot County’s Market Pulse Score currently stands at 120 indicating a rising 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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