MyMarketPulse (mymarketpulse.com) just released its analysis of the June 2024 market data for Richmond, Virginia.
The Median Sale Price for properties in Richmond was documented at $450,000 for June 2024. This price point is an upward move of 8.4% from the previous month and shows a 11.1% rise from the year before.
A total of 229 homes were sold in the region, indicating a decrease of 7.7% from last month and a drop of 5.0% when compared with a year ago.
Homes remained on the market for a median of 10 days, which is down 1 day from the month before and up 2 days from the previous year.
With the Market Pulse Score sitting at 121, the trend in Richmond’s housing market seems to be rising.
For more information about the Richmond, 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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