In its July 2024 market overview, MyMarketPulse (mymarketpulse.com) highlights the real estate dynamics within Fredericksburg, Virginia.
According to the latest data, Fredericksburg’s Median Sale Price was pegged at $525,000, showing an increase of 8.0% from the preceding month and unchanged from the year before.
A total of 19 homes were sold in the region, indicating an increase of 18.8% from last month and a drop of 9.5% when compared with a year ago.
The Median Days on Market for homes in Fredericksburg stood at 49 days, which is an increase of 11 day days over the previous month and up by 21 day day from the previous year.
Currently, with a Market Pulse Score of 111, Fredericksburg’s real estate market appears to be experiencing an upturn.
For more information about the Fredericksburg, 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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