May 2009 Cumberland Maine Housing Data

The Cumberland Maine residential real estate markets posted strong May sales with 7 transactions taking place at a median sold price of 279K. This contrasts with 11 homes sold at a median price of 318K in May 2009. Inventories have risen over the past few months with the current residential offerings clocking in at 87 units for sale compared with mid 60’s a few months prior.

For more information on this Southern Maine real estate community please visit www.mymaineproperty.com, contact me directly at 207-650-5383 or via email at john@greentreemaine.com