The August 2024 real estate analysis for Virginia Beach, Virginia, has been unveiled by MyMarketPulse (mymarketpulse.com), presenting detailed market insights.
August 2024’s data reveals a Median Sale Price of $435,000 for homes in Virginia Beach. This figure represents a decline of 3.3% month-over-month and a 2.4% year-over-year increase.
The region reported 317 home sales, marking a reduction of 8.4% from the prior month, and 6.4% growth year-over-year.
The median time homes spent on the market was 21 day, which is up 3 days compared to last month and an increase of 3 days over the previous year.
With the Market Pulse Score sitting at 110, the trend in Virginia Beach’s housing market seems to be rising.
For more information about the Virginia Beach, 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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