MyMarketPulse (mymarketpulse.com) just released its analysis of the July 2024 market data for Isle of Wight County, Virginia.
The report shows that the Median Sale Price in Isle of Wight County reached $494,990 as of July 2024, marking an increase of 5.3% over the previous month and a 23.0% rise compared to a year ago.
Sales of homes in the region saw 39 homes changing hands. This represents a decline of 30.4% from the month before and up 30.0% compared to the same month last year.
Homes remained on the market for a median of 38 days, which is up 6 days from the month before and up 11 day from the previous year.
Currently, with a Market Pulse Score of 117, Isle of Wight County’s real estate market appears to be experiencing an upturn.
For more information about the Isle of Wight County, 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.
MyMarketPulse – What the Pros Know