MyMarketPulse (mymarketpulse.com) just released its analysis of the May 2024 market data for Galax, Virginia.
According to the latest data, Galax’s Median Sale Price was pegged at $200,000, showing an increase of 66.7% from the preceding month and a rise of 4.9% from the year before.
9 homes were sold, an increase 125.0% from the previous month and a decrease of 10.0% from the prior year.
The Median Days on Market was 95 days, up 82 days from the previous month and up 52 days from the prior year.
Currently, with a Market Pulse Score of 104, Galax’s real estate market appears to be experiencing an upturn.
For more information about the Galax, 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