MyMarketPulse (mymarketpulse.com) recently disclosed its June 2024 findings on the housing market conditions in Norfolk, Virginia.
According to the latest data, Norfolk’s Median Sale Price was pegged at $315,500, showing an increase of 0.2% from the preceding month and a rise of 3.4% from the year before.
The area witnessed the sale of 193 homes during this period, which is a 19.9% decrease from the preceding month and a decrease of 30.3% compared to the same timeframe last year.
The Median Days on Market was 24 days, up 3 days from the previous month and up 8 days from the prior year.
The Market Pulse Score for Norfolk is presently at 106, signaling an upward trajectory in the market’s activity.
For more information about the Norfolk, 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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