Home sales trending down in Northumberland, average price soars to $721K

Home sales in Northumberland County declined by 5.3% to 144 in July, but the average selling price rose 6.5% to $721,450. Compared to last year, sales slightly increased while prices dipped from $734,355. Across the region, sales and new listings mostly declined, with prices varying locally. Inventory remains healthy, and homes typically sell within 29 to 60 days depending on the area. Efforts to boost housing supply and affordability continue.