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Market Update ~ Cumberland County (November, 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.

Nov 7 1 minutes read

With shifts in the market happening with inventory and home prices, if you’re thinking about selling your home, having a good understanding of what’s going on in our Maine market is vital.

Being aware of the data such as the average sales price, the number of homes sold, and average days on market will better arm you with the knowledge you need to make an informed decision about listing your home.

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

335

Active Listings

238

Under Contract

270

Closed Sales

 

$480,000 

0% Change

Median Sales Price 

Quarter 3, 2022

Compared to previous quarter  

6


Median Days on Market 

Quarter 3, 2022


4,459

-16.5%

Number of Sales

Last 12 Months

Compared to previou 365 days.  

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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