MyMarketPulse (mymarketpulse.com) has unveiled its analysis for May 2024, focusing on the property market trends in Orange County, Virginia.
As of 5/2024, Orange County had a Median Sale Price of $399,900, which was up 1.3% from the previous month and up 1.9% from the prior year.
A total of 65 homes were sold in the region, indicating an increase of 18.2% from last month and a rise of 30.0% when compared with a year ago.
Additionally, the Median Days on Market for listings was observed at 33 days, 10 days shorter compared to the previous month and shorter by 8 days from last year.
Currently, with a Market Pulse Score of 110, Orange County’s real estate market appears to be experiencing an upturn.
For more information about the Orange 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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