Market Update ~ Cumberland County (January 2023)
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
![](https://api.curaytor.io/sites/2624/media/1721895/1(1).png?w=318)
206
Active Listings
![](https://api.curaytor.io/sites/2624/media/1721932/1(1).png?w=318)
134
Under Contract
![](https://api.curaytor.io/sites/2624/media/1721933/2.png?w=318)
157
Closed Sales, past 30 days
$450,000
-6.3 %
4th Qtr, 2022 - Median Sales Price
Compared to 3rd quarter,2022
8
+ 14.3%
4th Qtr, 2022 - Median Days on Market
Compared to 4th quarter, 2021.
989
-42%
4th Qtr 2022, Number of Sales
Compared to 4th quarter, 2021.
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.