MyMarketPulse (mymarketpulse.com) just released its analysis of the August 2024 market data for Hanover County, Virginia.
The report shows that the Median Sale Price in Hanover County reached $541,500 as of August 2024, marking an increase of 3.6% over the previous month and a 15.2% rise compared to a year ago.
A total of 110 homes were sold in the region, indicating a decrease of 20.3% from last month and a drop of 15.4% when compared with a year ago.
Homes remained on the market for a median of 18 days, which is up 4 days from the month before and up 6 days from the previous year.
With the Market Pulse Score sitting at 111, the trend in Hanover County’s housing market seems to be rising.
For more information about the Hanover 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.
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