In its August 2024 market overview, MyMarketPulse (mymarketpulse.com) highlights the real estate dynamics within Galax, Virginia.
The report shows that the Median Sale Price in Galax reached $211,750 as of August 2024, marking an increase of 49.4% over the previous month and a 56.9% rise compared to a year ago.
The region reported 8 home sales, marking unchanged from the prior month, and 27.3% decrease year-over-year.
Furthermore, homes in Galax were on the market for an average of 63 days before selling, reflecting a decrease of 12 days days month-over-month and an increase of 22 days day year-over-year.
Galax’s Market Pulse Score currently stands at 114 indicating a rising trend for the market.
For more information about the Galax, 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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