In its December 2024 market overview, MyMarketPulse (mymarketpulse.com) highlights the real estate dynamics within Richmond, Virginia.
As of 12/2024, Richmond had a Median Sale Price of $399,950, which was down 11.1% from the previous month and up 11.1% from the prior year.
Sales of homes in the region saw 179 homes changing hands. This represents an increase of 17.8% from the month before and down 8.2% compared to the same month last year.
Additionally, the Median Days on Market for listings was observed at 21 day, 4 days longer compared to the previous month and longer by 5 days from last year.
Richmond’s Market Pulse Score currently stands at 101 indicating a rising trend for the market.
For more information about the Richmond, 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.
MyMarketPulse – What the Pros Know