MyMarketPulse (mymarketpulse.com) recently disclosed its December 2024 findings on the housing market conditions in Salem, Virginia.
For December 2024, the data showcases a Median Sale Price of $300,000 in Salem, a drop of 7.3% from the last month and an increase 21.2% from the same period the previous year.
During this period, 13 homes were sold in the area, reflecting a decrease 40.9% compared to the month beforeand and a decrease of 40.9% from the same month in the previous year.
Additionally, the Median Days on Market for listings was observed at 12 days, 15 days shorter compared to the previous month and shorter by 4 days from last year.
Salem’s Market Pulse Score currently stands at 92 indicating a falling trend for the market.
For more information about the Salem, 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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