MyMarketPulse (mymarketpulse.com) has unveiled its analysis for April 2024, focusing on the property market trends in Suffolk, Virginia.
April 2024’s data reveals a Median Sale Price of $411,500 for homes in Suffolk. This figure represents a growth of 3.3% month-over-month and a 9.1% year-over-year decrease.
The region reported 119 home sales, marking a reduction of 11.2% from the prior month, and 3.3% decrease year-over-year.
Additionally, the Median Days on Market for listings was observed at 34 days, 2 days shorter compared to the previous month and shorter by 1 day from last year.
Currently, with a Market Pulse Score of 102, Suffolk’s real estate market appears to be experiencing an upturn.
For more information about the Suffolk, 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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