MyMarketPulse (mymarketpulse.com) has unveiled its analysis for February 2024, focusing on the property market trends in Somerset County, Maine.
According to the latest data, Somerset County’s Median Sale Price was pegged at $235,000, showing an increase of 21.90% from the preceding month and a rise of 25.10% from the year before.
During this period, 33 homes were sold in the area, reflecting an increase 6.50% compared to the month beforeand and an increase of 43.50% from the same month in the previous year.
The Median Days on Market for homes in Somerset County stood at 48 days, which is a decrease of 15 days days over the previous month and down by 19 days day from the previous year.
The Market Pulse Score for Somerset County is presently at 87, signaling a downward trajectory in the market’s activity.
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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