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| AUGUST 2025 | |||
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| Units Sold 10 |
Active Inventory 120 |
Median Sale Price $270,000 |
Days On Market 97 |
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| Up Vs. Year Ago |
Up 11% Vs. Year Ago |
Down -11% Vs. Year Ago |
Up Vs. Year Ago |
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Units Sold
With relatively few transactions, there was an increase in total units sold in August, with 10 sold this month in Cumberland County Real Estate. This month's total units sold was higher than at this time last year, an increase from August 2024. |
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Active Inventory
Versus last year, the total number of homes available this month is higher by 12 units or 11%. The total number of active inventory this August was 120 compared to 108 in August 2024. This month's total of 120 is lower than the previous month's total supply of available inventory of 127, a decrease of 6%. |
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Median Sale Price
Last August, the median sale price for Cumberland County Homes was $305,000. This August, the median sale price was $270,000, a decrease of 11% or $35,000 compared to last year. The current median sold price is 13% higher than in July. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median. |
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| New Listings 8 |
Current Contracts 11 |
Sold Vs. List Price 98.9% |
Months of Supply 12.0 |
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| Down -58% Vs. Year Ago |
Up 83% Vs. Year Ago |
Down Vs. Year Ago |
Down -11% Vs. Year Ago |
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Months of Supply
In August, there was 12.0 months of supply available in Cumberland County, compared to 13.5 in August 2024. That is a decrease of 11% versus a year ago. Months of supply is calculated by dividing current inventory by current sales. It indicates how many months would be needed to sell all of the inventory available at the current rate of demand. |
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New Listings & Current Contracts
This month there were 8 homes newly listed for sale in Cumberland County compared to 19 in August 2024, a decrease of 58%. There were 11 current contracts pending sale this August compared to 6 a year ago. The number of current contracts is 83% higher than last August. |
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Sale Price to List Price Ratio
In August, the average sale price in Cumberland County was 98.9% of the average list price, which is lower than at this time last year. Days on Market
This month, the average number of days on market was 97, higher than the average last year, which was 38. This increase was impacted by the limited number of sales. | |||
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| *Detached, Attached, and Condo varies by local area Multiple Listing Service (MLS) definition. For more information regarding your specific market, contact one of Long & Foster's knowledgeable and experienced sales associates. | |||
 Information included in this report is based on data supplied by SJSMLS and its member Association(s) of REALTORS, who are not responsible for its accuracy. Does not reflect all activity in the marketplace. Information contained in this report is deemed reliable but not guaranteed, should be independently verified, and does not constitute an opinion of SJSMLS or Long & Foster Real Estate, Inc. |
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