MyMarketPulse (mymarketpulse.com) has unveiled its analysis for August 2024, focusing on the property market trends in Somerset County, Maine.
As of 8/2024, Somerset County had a Median Sale Price of $249,450, which was down 0.1% from the previous month and up 27.9% from the prior year.
A total of 60 homes were sold in the region, indicating a decrease of 9.1% from last month and a rise of 22.4% when compared with a year ago.
Homes remained on the market for a median of 48 days, which is up 9 days from the month before and up 6 days from the previous year.
Currently, with a Market Pulse Score of 122, Somerset County’s real estate market appears to be experiencing an upturn.
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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