MyMarketPulse (mymarketpulse.com) recently disclosed its July 2024 findings on the housing market conditions in Cumberland County, Maine.
The Median Sale Price for properties in Cumberland County was documented at $600,000 for July 2024. This price point is an upward move of 2.6% from the previous month and shows a 9.1% rise from the year before.
The region reported 313 home sales, marking an increase of 5.7% from the prior month, and 15.5% growth year-over-year.
Homes remained on the market for a median of 15 days, which is up 5 days from the month before and up 7 days from the previous year.
Currently, with a Market Pulse Score of 118, Cumberland County’s real estate market appears to be experiencing an upturn.
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.
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