The latest report from MyMarketPulse (mymarketpulse.com) has been published, offering a comprehensive review of Cumberland County, Maine’s real estate market for August 2024.
For August 2024, the data showcases a Median Sale Price of $608,500 in Cumberland County, a rise of 2.1% from the last month and an increase 14.4% from the same period the previous year.
A total of 310 homes were sold in the region, indicating a decrease of 1.3% from last month and a drop of 2.5% when compared with a year ago.
Additionally, the Median Days on Market for listings was observed at 15 days, unchanged compared to the previous month and longer by 7 days from last year.
The Market Pulse Score for Cumberland County is presently at 121, signaling an upward trajectory in the market’s activity.
For more information about the Cumberland 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.
MyMarketPulse – What the Pros Know