January 26, 2024 – MyMarketPulse (mymarketpulse.com) just released its analysis of the December 2023 market data for Norfolk, Virginia.
As of 12/2023, Norfolk had a Median Sale Price of $302,000, which was down 1.0% from the previous month and up 4.7% from the prior year.
152 homes were sold, a decrease 12.6% from the previous month and a decrease of 20.8% from the prior year.
The Median Days on Market was 31 days, up 4 days from the previous month and unchanged from the prior year.
Norfolk’s Market Pulse Score currently stands at 90 indicating a falling trend for the market.
For more information about the Norfolk, Virginia market, visit MyMarketPulse.com.
MyMarketPulse is a free service of Digital Build Team (DBT, DigitalBuildTeam.com). Its goal is to help everyone quickly understand and compare real estate markets by providing timely data and visual analysis to help explain current market trends and predict future opportunities.
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