MyMarketPulse (mymarketpulse.com) recently disclosed its February 2024 findings on the housing market conditions in Covington, Virginia.
February 2024’s data reveals a Median Sale Price of $116,500 for homes in Covington. This figure represents a decline of 7.20% month-over-month and a 51.30% year-over-year increase.
The region reported 6 home sales, marking an increase of 50.00% from the prior month, and 50.00% growth year-over-year.
Homes remained on the market for a median of 48 days, which is up 8 days from the month before and down 2 days from the previous year.
With the Market Pulse Score sitting at 104, the trend in Covington’s housing market seems to be rising.
For more information about the Covington, 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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