MyMarketPulse (mymarketpulse.com) has unveiled its analysis for February 2024, focusing on the property market trends in New Kent County, Virginia.
The report shows that the Median Sale Price in New Kent County reached $535,000 as of February 2024, marking an increase of 22.90% over the previous month and a 23.50% rise compared to a year ago.
The area witnessed the sale of 27 homes during this period, which is a 80.00% increase from the preceding month and a decrease of 27.00% compared to the same timeframe last year.
Furthermore, homes in New Kent County were on the market for an average of 58 days before selling, reflecting an increase of 42 days days month-over-month and an increase of 20 days day year-over-year.
With a Market Pulse Score of 90, the analysis suggests a falling trend in New Kent County’s housing market momentum.
For more information about the New Kent County, 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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