MyMarketPulse (mymarketpulse.com) recently disclosed its August 2024 findings on the housing market conditions in Covington, Virginia.
The report shows that the Median Sale Price in Covington reached $141,925 as of August 2024, marking an increase of 51.0% over the previous month and a 67.6% drop compared to a year ago.
Sales of homes in the region saw 8 homes changing hands. This represents an increase of 14.3% from the month before and up 300.0% compared to the same month last year.
Homes remained on the market for a median of 19 days, which is up 4 days from the month before and up 7 days from the previous year.
Covington’s Market Pulse Score currently stands at 121 indicating a rising trend for the market.
For more information about the Covington, 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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