MyMarketPulse (mymarketpulse.com) has unveiled its analysis for November 2024, focusing on the property market trends in Somerset County, Maine.
The Median Sale Price for properties in Somerset County was documented at $235,000 for November 2024. This price point is a downward move of 2.1% from the previous month and shows a 11.9% rise from the year before.
The region reported 51 home sales, marking a reduction of 7.3% from the prior month, and 6.3% growth year-over-year.
Furthermore, homes in Somerset County were on the market for an average of 58 days before selling, reflecting an increase of 16 days days month-over-month and an increase of 32 days day year-over-year.
With a Market Pulse Score of 112, the analysis suggests a rising 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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