MyMarketPulse (mymarketpulse.com) has unveiled its analysis for December 2024, focusing on the property market trends in Lynchburg, Virginia.
December 2024’s data reveals a Median Sale Price of $250,000 for homes in Lynchburg. This figure represents a decline of 12.3% month-over-month and a year-over-year decrease.
The area witnessed the sale of 70 homes during this period, which is a 5.4% decrease from the preceding month and a decrease of 1.4% compared to the same timeframe last year.
The Median Days on Market for homes in Lynchburg stood at 19 days, which is a decrease of 1 day days over the previous month and down by 4 days day from the previous year.
With the Market Pulse Score sitting at 98, the trend in Lynchburg’s housing market seems to be falling.
For more information about the Lynchburg, 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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