MyMarketPulse (mymarketpulse.com) recently disclosed its July 2024 findings on the housing market conditions in Somervell County, Texas.
The report shows that the Median Sale Price in Somervell County reached $417,000 as of July 2024, marking a decrease of 20.9% over the previous month and a 9.3% drop compared to a year ago.
A total of 4 homes were sold in the region, indicating a decrease of 33.3% from last month and a drop of 20.0% when compared with a year ago.
The Median Days on Market for homes in Somervell County stood at 141 day, which is an increase of 55 days days over the previous month and up by 83 days day from the previous year.
The Market Pulse Score for Somervell County comes in at 95, pointing to a declining trend within the local real estate market.
For more information about the Somervell County, Texas 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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