The latest report from MyMarketPulse (mymarketpulse.com) has been published, offering a comprehensive review of Cumberland County, New Jersey’s real estate market for May 2024.
The Median Sale Price for properties in Cumberland County was documented at $268,500 for May 2024. This price point is an upward move of 8.5% from the previous month and shows a 9.1% rise from the year before.
The region reported 98 home sales, marking a reduction of 14.0% from the prior month, and 14.8% decrease year-over-year.
Furthermore, homes in Cumberland County were on the market for an average of 27 days before selling, reflecting a decrease of 12 days days month-over-month and unchanged of day year-over-year.
Currently, with a Market Pulse Score of 105, Cumberland County’s real estate market appears to be experiencing an upturn.
For more information about the Cumberland County, New Jersey 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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