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June Housing Sales Down

July 24th, 2023 by WCBC Radio

Housing sales saw a drop in the month of June, 18% lower overall than the same time last year.  According to the National Association of Realtors, there were 1.08 million homes for sale at the end of the month, representing a 3-month supply.  WCBC News spoke with Debbie Grimm, Manager/Agent for Perry Wellington Realty about the Cumberland housing market and she said the slow-down here is not because there is a shortage of listings…

Locally, a total of 68 properties were sold in the month of June with an average sales price of $134,450.  Currently, there are 172 commercial and retail properties listed for sale.  Grimm said that remote workers are very interested in the area but need connectivity to be able to work…