MyMarketPulse (mymarketpulse.com) recently disclosed its February 2024 findings on the housing market conditions in Albemarle County, Virginia.
For February 2024, the data showcases a Median Sale Price of $620,000 in Albemarle County, a rise of 1.70% from the last month and an increase 27.80% from the same period the previous year.
64 homes were sold, an increase 16.40% from the previous month and a decrease of 15.80% from the prior year.
The median time homes spent on the market was 26 days, which is down 15 days compared to last month and a decrease of 8 days over the previous year.
Currently, with a Market Pulse Score of 84, Albemarle County’s real estate market appears to be experiencing a downtrend.
For more information about the Albemarle County, 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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