The March 2024 real estate analysis for Petersburg, Virginia, has been unveiled by MyMarketPulse (mymarketpulse.com), presenting detailed market insights.

March 2024’s data reveals a Median Sale Price of $219,000 for homes in Petersburg. This figure represents a growth of 12.3% month-over-month and a 12.9% year-over-year decrease.

The region reported 37 home sales, marking an increase of 48.0% from the prior month, and 15.9% decrease year-over-year.

Additionally, the Median Days on Market for listings was observed at 32 days, 8 days shorter compared to the previous month and longer by 4 days from last year.

Currently, with a Market Pulse Score of 93, Petersburg’s real estate market appears to be experiencing a downtrend.

For more information about the Petersburg, 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 – What the Pros Know

In its March 2024 market overview, MyMarketPulse (mymarketpulse.com) highlights the real estate dynamics within Petersburg, Virginia.

The report shows that the Median Sale Price in Petersburg reached $219,000 as of March 2024, marking an increase of 12.3% over the previous month and a 12.9% rise compared to a year ago.

The region reported 37 home sales, marking an increase of 48.0% from the prior month, and 15.9% decrease year-over-year.

Homes remained on the market for a median of 32 days, which is down 8 days from the month before and up 4 days from the previous year.

The Market Pulse Score for Petersburg comes in at 93, pointing to a declining trend within the local real estate market.

For more information about the Petersburg, 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 – What the Pros Know