MyMarketPulse (mymarketpulse.com) just released its analysis of the July 2024 market data for Suffolk, Virginia.
The Median Sale Price for properties in Suffolk was documented at $403,000 for July 2024. This price point is a downward move of 2.6% from the previous month and shows a 5.7% rise from the year before.
113 homes were sold, a decrease 17.5% from the previous month and a decrease of 8.9% from the prior year.
The Median Days on Market for homes in Suffolk stood at 37 days, which is an increase of 11 day days over the previous month and up by 8 days day from the previous year.
Suffolk’s Market Pulse Score currently stands at 105 indicating a rising trend for the market.
For more information about the Suffolk, 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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