Cumberland Maine real estate markets saw 7 transactions take place with an average sold price of 277K after sitting on the market for 159 days for the month ending November 2008. This contrasts with 6 homes sold at an average price of 405K in November 2007 after being on the market for 194 days. This represents a transaction volume increase of 17% and a pricing decrease of 32%.
For more information on this southern Maine housing community please visit www.mymaineproperty.com or contact me directly at 207-650-5383 or via email at john@greentreemaine.com
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