In its August 2024 market overview, MyMarketPulse (mymarketpulse.com) highlights the real estate dynamics within Petersburg, Virginia.

August 2024’s data reveals a Median Sale Price of $185,000 for homes in Petersburg. This figure represents a decline of 21.3% month-over-month and a 2.6% year-over-year increase.

A total of 47 homes were sold in the region, indicating an increase of 14.6% from last month and a rise of 17.5% when compared with a year ago.

The Median Days on Market for homes in Petersburg stood at 24 days, which is a decrease of 1 day days over the previous month and up by 3 days day from the previous year.

The Market Pulse Score for Petersburg comes in at 106, pointing to a rising trend within the local real estate market.

For more information about the Petersburg, 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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