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Market Update ~ Cumberland County (September 2022)

The Libby Starnes Team

We're dedicated to bringing you a one-of-a-kind real estate experience you won't find anywhere else.

We're dedicated to bringing you a one-of-a-kind real estate experience you won't find anywhere else.

Sep 12 1 minutes read

The current market is showing low inventory and increasing prices.  If you’re thinking about buying or selling a home, having a good understanding of what’s going on in the Maine market is vital.

Being aware of data such as average sales price, the number of homes sold, and average days on market will arm you with the knowledge you need to make informed decisions.

The Libby Starnes team's monthly market report showcases what you need to know about Cumberland County real estate trends.


 Monthly Market Update - Cumberland County

363

Active Listings

212

Under Contract

320

Closed Sales

 

$480,000 

+9.1%

Median Sales Price 

Quarter 2, 2022

Compared to same time period last year 

5

0% Change

Median Days on Market 

Quarter 2, 2022

Compared to same time period last year 

1,203

-13.0%

Number of Sales

Last 90 Days

Compared to same time period last year 

Curious about how your home's value has changed?

We will gladly prepare a Comparative Market Analysis for you so that you are armed with the most current information.

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