MyMarketPulse (mymarketpulse.com) has unveiled its analysis for August 2024, focusing on the property market trends in Newport News, Virginia.
As of 8/2024, Newport News had a Median Sale Price of $299,950, which was up 0.8% from the previous month and up 7.1% from the prior year.
The area witnessed the sale of 178 homes during this period, which is a 17.1% increase from the preceding month and an increase of 6.0% compared to the same timeframe last year.
Additionally, the Median Days on Market for listings was observed at 24 days, 3 days longer compared to the previous month and longer by 6 days from last year.
Newport News’s Market Pulse Score currently stands at 110 indicating a rising trend for the market.
For more information about the Newport News, 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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