The latest report from MyMarketPulse (mymarketpulse.com) has been published, offering a comprehensive review of Virginia Beach, Virginia’s real estate market for May 2024.
May 2024’s data reveals a Median Sale Price of $469,950 for homes in Virginia Beach. This figure represents a growth of 6.2% month-over-month and a 10.6% year-over-year decrease.
During this period, 349 homes were sold in the area, reflecting an increase 13.3% compared to the month beforeand and a decrease of 0.6% from the same month in the previous year.
Furthermore, homes in Virginia Beach were on the market for an average of 16 days before selling, reflecting a decrease of 3 days days month-over-month and a decrease of 1 day day year-over-year.
The Market Pulse Score for Virginia Beach comes in at 110, pointing to a rising trend within the local real estate market.
For more information about the Virginia Beach, 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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