In its November 2024 market overview, MyMarketPulse (mymarketpulse.com) highlights the real estate dynamics within Fredericksburg, Virginia.
November 2024’s data reveals a Median Sale Price of $504,500 for homes in Fredericksburg. This figure represents a decline of 19.3% month-over-month and a 3.8% year-over-year increase.
The region reported 14 home sales, marking unchanged from the prior month, and 55.6% growth year-over-year.
Furthermore, homes in Fredericksburg were on the market for an average of 30 days before selling, reflecting a decrease of 5 days days month-over-month and a decrease of 1 day day year-over-year.
Currently, with a Market Pulse Score of 98, Fredericksburg’s real estate market appears to be experiencing a downtrend.
For more information about the Fredericksburg, 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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