Market Trends: Cumberland County, September 2018
November 3rd, 2018 7:08 AM

Sales were down 10.2% compared to last September but are up 30% year-to-date. Foreclosure sales were 22% of all sales this month and had a median sale price of $53,000 compared to $154,975 for non-foreclosure sales.

Inventory decreased by 45 listings this month but is 8.7% higher than a year ago. The Months Supply of Inventory dropped to 6.4 in September, compared to 7.0 months last year.

Sales this month were down 10.2% compared to last year but are up 30.4% year-to-date.

The median sold price in Cumberland County was up 21.3% compared to a year ago and is up 8.3% year-to-date.

The sold price to original list price ratio was at 95.1% in September and 94.6% year-to-date. The sale price to list price ratio in September was 98.1%.

Posted in:General
Posted by James M. Hanson on November 3rd, 2018 7:08 AMPost a Comment

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