MyMarketPulse (mymarketpulse.com) has unveiled its analysis for July 2024, focusing on the property market trends in Petersburg, Virginia.
The report shows that the Median Sale Price in Petersburg reached $235,000 as of July 2024, marking an increase of 14.1% over the previous month and a 9.4% rise compared to a year ago.
The region reported 41 home sales, marking an increase of 20.6% from the prior month, and 32.3% growth year-over-year.
Homes remained on the market for a median of 25 days, which is up 1 day from the month before and up 12 days from the previous year.
Currently, with a Market Pulse Score of 106, Petersburg’s real estate market appears to be experiencing an upturn.
For more information about the Petersburg, 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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