Wednesday, March 17, 2010

Cumberland ME February 2010 Real Estate report

For the month ending Feb 2010 residential real estate in Cumberland Maine saw 4 homes sell compared with 2 in January and only 1 in February 2009. Like other regions the area has stabilized and volume has increased. Prices in the higher priced regions continue to fall a bit with the median home selling for 232K in February. Currently inventory is holding steady at 54 homes on the market.

For more info on the local southern Maine real estate markets please contact John Herrigel at 207-650-5383 or via email at john@greentreemaine.com

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