The April 2024 real estate analysis for Salem, Virginia, has been unveiled by MyMarketPulse (mymarketpulse.com), presenting detailed market insights.
The report shows that the Median Sale Price in Salem reached $249,000 as of April 2024, marking a decrease of 6.5% over the previous month and a 1.6% rise compared to a year ago.
The area witnessed the sale of 25 homes during this period, which is a 13.6% increase from the preceding month and an increase of 4.2% compared to the same timeframe last year.
The Median Days on Market for homes in Salem stood at 13 days, which is a decrease of 8 days days over the previous month and up by 3 days day from the previous year.
Salem’s Market Pulse Score currently stands at 99 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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