February 28, 2024 – MyMarketPulse (mymarketpulse.com) just released its analysis of the January 2024 market data for Chesapeake, Virginia.
As of 1/2024, Chesapeake had a Median Sale Price of $399,900, which was up 1.8% from the previous month and up 6.6% from the prior year.
131 homes were sold, a decrease 12.7% from the previous month and a decrease of 25.1% from the prior year.
The Median Days on Market was 47 days, up 7 days from the previous month and up 9 days from the prior year.
Chesapeake’s Market Pulse Score currently stands at 81 indicating a falling trend for the market.
For more information about the Chesapeake, 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.
MyMarketPulse – Know What the Pros Know