Published August 11, 2026 · Monthly Pulse — August 2026
Cumberland Prices Ease as Summer Market Slows
The average residential sale price in Cumberland fell 5.3% between the May and July 2026 data periods, a decline of $37,962 to $683,308. The median sale price sat at $635,000 over the same July 2026 period, while the broader average home price registered $632,200 as of June 2026. Detached homes averaged $720,000 and townhomes $550,700 in the June 2026 data, with condos at $384,500. Days on market stood at 58 in the latest snapshot, with only 0.8% of six homes sold clearing list price. Average rent held at $2,179 as of June 2026—a factor for investors weighing yield against softening resale values.
Key metrics
June 2026
$632,200
Average Home Price
June 2026
$720,000
Average Single-Family Home Price
June 2026
$550,700
Average Townhouse/Multiplex Price
June 2026
$384,500
Average Condo Price
July 2026
$683,308
Average Residential Sale Price
July 2026
$635,000
Median Residential Sale Price
Latest available snapshot
$704,000
Average Sale Price
Latest available snapshot
58 days
Days On Market
Latest available snapshot
0.8%
Sold Over List Price
Latest available snapshot
6
Homes Sold
June 2026
$2,179
Average Rent
Month-over-month trends
MoM change in Average Residential Sale Price (all), May→Jul 2026 data
▼ $37,962 decline
MoM percent change in Average Residential Sale Price (all), May→Jul 2026 data
This page is general market information for educational purposes only. It is not financial, investment, legal, or tax advice, and it is not a recommendation to buy, sell, or hold any property. Local conditions change; verify figures with primary sources and licensed professionals before making decisions.
Methodology
Data period covered: 2026-08 (MoM vs 2026-07). Metric sources: published TownMayor market report metrics for 2026-08 plus graded third-party citations (redfin.ca, squareyards.ca, nesto.ca, remax.ca, oreb.ca, housesigma.com, zillow.com). Trend figures: only code-registered month-over-month comparisons computed from those report metrics. Outlook attributions: third-party projections only when quoted or paraphrased with a source; no in-house numeric forecasts. Last updated: 2026-08-11T06:05:02.790Z.