The latest report from MyMarketPulse (mymarketpulse.com) has been published, offering a comprehensive review of Cumberland County, Maine’s real estate market for May 2024.
According to the latest data, Cumberland County’s Median Sale Price was pegged at $580,000, showing an increase of 3.4% from the preceding month and a rise of 6.3% from the year before.
Sales of homes in the region saw 244 homes changing hands. This represents an increase of 34.8% from the month before and up 2.1% compared to the same month last year.
The Median Days on Market for homes in Cumberland County stood at 14 days, which is an increase of 5 days days over the previous month and up by 6 days day from the previous year.
Cumberland County’s Market Pulse Score currently stands at 98 indicating a falling trend for the market.
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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