Cumberland Real Estate Market Report

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Related Pages: homes for sale in Cumberland

Main Housing Stats for Cumberland, Last 90 days till March 26th 2020: The average house price in March 2020 was $744,378, an increase of 26% over March 2019. There were 9 home sales in Cumberland versus 8 last year and It took an average of 86 days for homes to sell versus 131 days last year.

Cumberland home values

Cumberland Historical Average Sold House Prices

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

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
2735 Counsell Court 3 2 $544,900 2 days
969 Kevin Crescent 3 2 $499,900 15 days
1501 Creagan Court 6 5 $1,575,000 22 days
25 Nirmala Drive N/A 0 $375,000 23 days
17 Nirmala Drive N/A 0 $375,000 23 days
1566 Canaan Road N/A 0 $1,700,000 57 days
1566 Canaan Road N/A 0 $1,700,000 57 days
3029 Trans Canada Highway Highway N/A 0 $799,000 63 days
3029 Trans Canada Highway Highway N/A 0 $799,000 63 days
2800 Old Montreal Road 8 4 $1,295,000 80 days
3029 Trans Canada Highway Highway N/A 0 $799,000 104 days
1931 Trans Canada Highway N/A 0 $1,280,000 409 days
Average: 5.0 1.1 $978,483 77 days
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Viewing 1 - 12 of 12

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