The August 2024 real estate analysis for Chesapeake, Virginia, has been unveiled by MyMarketPulse (mymarketpulse.com), presenting detailed market insights.
August 2024’s data reveals a Median Sale Price of $470,000 for homes in Chesapeake. This figure represents a growth of 1.6% month-over-month and a 10.6% year-over-year decrease.
A total of 213 homes were sold in the region, indicating a decrease of 14.8% from last month and a drop of 17.8% when compared with a year ago.
Additionally, the Median Days on Market for listings was observed at 28 days, 3 days longer compared to the previous month and longer by 6 days from last year.
The Market Pulse Score for Chesapeake is presently at 113, signaling an upward trajectory in the market’s activity.
For more information about the Chesapeake, 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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