Cumberland Real Estate Market Report

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Related Pages: View all of the homes for sale in Cumberland

There were a total of 62 home sales in the Cumberland area in 2018 with an average price of $517,367, down by 2.6% from the previous year.

Cumberland home values

The table below shows Cumberland area Home Prics and the Percentage Increase or Decrease over Previous Year.

Cumberland Historical Average House Prices and number of Sales

Year # Sales Average Price % Change
2000 54 $216,768  
2001 64 $246,262 13.6%
2002 54 $275,758 12.0%
2003 41 $277,980 0.8%
2004 65 $294,872 6.1%
2005 65 $322,383 9.3%
2006 72 $346,068 7.3%
2007 66 $354,738 2.5%
2008 44 $430,845 21.5%
2009 63 $406,742 -5.9%
2010 48 $422,521 3.9%
2011 50 $458,544 8.5%
2012 45 $465,622 1.5%
2013 44 $455,564 -2.2%
2014 41 $462,317 1.5%
2015 50 $487,679 5.5%
2016 72 $455,473 -7.1%
2017 63 $531,041 16.6%
2018 62 $517,367 -2.6%
2019      

The Cumberland area usually sees between 50 - 60 home sales every year, with a high of 72 in 2016. Since 2000 there were only 4 years when prices decreased, that was 2009, 2013, 2016 and again in 2018.

Current Real Estate Statistics, using all Active Listings in Cumberland

Active Properties
Address Beds Baths List Price DOM
3569 Old Montreal Road 2 2 $345,000 5 days
1113 Armstrong Road 3 2 $379,900 10 days
3079 Old Montreal Road 5 4 $520,000 19 days
1095 Quigley Hill Road 4 4 $729,000 6 days
2530 Wilhaven Drive 4 3 $799,900 63 days
1660 Linkland Court 5 3 $849,000 19 days
1545 Kinsella Drive 4 4 $999,800 61 days
2990 Wilhaven Drive 6 5 $1,475,000 307 days
132 Robert Taite Drive 7 9 $2,800,000 220 days
Average: 4.4 4.0 $988,622 79 days
Viewing 1 - 9 of 9
Viewing 1 - 9 of 9

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