MyMarketPulse (mymarketpulse.com) has unveiled its analysis for August 2024, focusing on the property market trends in Hopewell, Virginia.
As of 8/2024, Hopewell had a Median Sale Price of $221,100, which was up 3.0% from the previous month and down 11.6% from the prior year.
The area witnessed the sale of 25 homes during this period, which is a 26.5% decrease from the preceding month and a decrease of 19.4% compared to the same timeframe last year.
The median time homes spent on the market was 13 days, which is up 4 days compared to last month and an increase of 5 days over the previous year.
The Market Pulse Score for Hopewell comes in at 109, pointing to a rising trend within the local real estate market.
For more information about the Hopewell, 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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