MyMarketPulse (mymarketpulse.com) just released its analysis of the December 2024 market data for Virginia Beach, Virginia.
The report shows that the Median Sale Price in Virginia Beach reached $425,000 as of December 2024, marking a decrease of 5.5% over the previous month and a 2.7% drop compared to a year ago.
During this period, 254 homes were sold in the area, reflecting an increase 8.5% compared to the month beforeand and an increase of 14.4% from the same month in the previous year.
The median time homes spent on the market was 31 day, which is up 11 day compared to last month and a decrease of 3 days over the previous year.
The Market Pulse Score for Virginia Beach is presently at 94, signaling a downward trajectory in the market’s activity.
For more information about the Virginia Beach, 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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