Home Sales Peak in Cumings Real Estate Market

This week saw a record in sales growth for the Cumings market. It resulted in two homes selling over 30 days, which is a 100.0% jump from last week's number and also the highest amount since July. In comparison, Houston led all other nearby municipalities with 1,731 sales. A months of inventory number of three reported this week continued a four-week downward trend, likely due to the strong sales numbers in the area. The rising sales and the low inventory point to Cumings being a seller's market.

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Demographic facts about Cumings:

  • This area has a rating of 99 for the population growth. (Scale: 1 = Worst, 100 = Best)
  • This area has a property tax of $24.03/$1,000.
  • The area's commuter length breakdown is: <15 min (13.7%), 15-29 min (32.7%), 30-44 min (26.1%), 45-59 min (8.5%), >60 min (19.0%).

Data reported through 10/13/2016

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