January 26, 2024 – MyMarketPulse (mymarketpulse.com) just released its analysis of the December 2023 market data for Salem, Virginia.
As of 12/2023, Salem had a Median Sale Price of $247,500, which was down 46.8% from the previous month and down 11.6% from the prior year.
22 homes were sold, an increase 69.2% from the previous month and an increase of 29.4% from the prior year.
The Median Days on Market was 16 days, down 3 days from the previous month and down 9 days from the prior year.
Salem’s Market Pulse Score currently stands at 104 indicating a rising trend for the market.
For more information about the Salem, 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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