The latest report from MyMarketPulse (mymarketpulse.com) has been published, offering a comprehensive review of Somerset County, Maine’s real estate market for June 2024.
The Median Sale Price for properties in Somerset County was documented at $208,500 for June 2024. This price point is a downward move of 4.6% from the previous month and shows a 5.2% drop from the year before.
The region reported 44 home sales, marking an increase of 12.8% from the prior month, and 36.2% decrease year-over-year.
The median time homes spent on the market was 42 days, which is down 28 days compared to last month and an increase of 19 days over the previous year.
Currently, with a Market Pulse Score of 97, Somerset County’s real estate market appears to be experiencing a downtrend.
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.
MyMarketPulse – What the Pros Know