MyMarketPulse (mymarketpulse.com) just released its analysis of the August 2024 market data for Martinsville, Virginia.
The Median Sale Price for properties in Martinsville was documented at $156,750 for August 2024. This price point is an upward move of 50.7% from the previous month and shows a 11.2% rise from the year before.
During this period, 16 homes were sold in the area, reflecting an increase 60.0% compared to the month beforeand and a decrease of 30.4% from the same month in the previous year.
The median time homes spent on the market was 53 days, which is up 22 days compared to last month and an increase of 9 days over the previous year.
Martinsville’s Market Pulse Score currently stands at 105 indicating a rising trend for the market.
For more information about the Martinsville, 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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