In its June 2024 market overview, MyMarketPulse (mymarketpulse.com) highlights the real estate dynamics within Salem, Virginia.
The report shows that the Median Sale Price in Salem reached $280,000 as of June 2024, marking a decrease of 1.8% over the previous month and a 3.0% drop compared to a year ago.
A total of 27 homes were sold in the region, indicating a decrease of 18.2% from last month and unchanged when compared with a year ago.
The median time homes spent on the market was 8 days, which is down 2 days compared to last month and an increase of 2 days over the previous year.
Salem’s Market Pulse Score currently stands at 109 indicating a rising trend for the market.
For more information about the Salem, 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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