The August 2024 real estate analysis for Lynchburg, Virginia, has been unveiled by MyMarketPulse (mymarketpulse.com), presenting detailed market insights.
For August 2024, the data showcases a Median Sale Price of $271,900 in Lynchburg, a drop of 7.8% from the last month and an increase 7.7% from the same period the previous year.
The area witnessed the sale of 79 homes during this period, which is a 16.8% decrease from the preceding month and an increase of 1.3% compared to the same timeframe last year.
The median time homes spent on the market was 35 days, which is up 25 days compared to last month and an increase of 27 days over the previous year.
Currently, with a Market Pulse Score of 118, Lynchburg’s real estate market appears to be experiencing an upturn.
For more information about the Lynchburg, 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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