MyMarketPulse (mymarketpulse.com) recently disclosed its August 2024 findings on the housing market conditions in Suffolk, Virginia.
The report shows that the Median Sale Price in Suffolk reached $379,500 as of August 2024, marking a decrease of 5.8% over the previous month and a 3.6% drop compared to a year ago.
The area witnessed the sale of 145 homes during this period, which is a 28.3% increase from the preceding month and a decrease of 2.0% compared to the same timeframe last year.
The Median Days on Market was 37 days, unchanged from the previous month and up 7 days from the prior year.
With a Market Pulse Score of 106, the analysis suggests a rising trend in Suffolk’s housing market momentum.
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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