MyMarketPulse (mymarketpulse.com) has unveiled its analysis for July 2024, focusing on the property market trends in Virginia Beach, Virginia.
The report shows that the Median Sale Price in Virginia Beach reached $450,000 as of July 2024, marking a decrease of 2.5% over the previous month and a 4.7% rise compared to a year ago.
The area witnessed the sale of 344 homes during this period, which is a 1.7% decrease from the preceding month and an increase of 11.0% compared to the same timeframe last year.
Homes remained on the market for a median of 18 days, which is up 1 day from the month before and up 1 day from the previous year.
Virginia Beach’s Market Pulse Score currently stands at 115 indicating a rising trend for the market.
For more information about the Virginia Beach, 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