The latest report from MyMarketPulse (mymarketpulse.com) has been published, offering a comprehensive review of Fredericksburg, Virginia’s real estate market for February 2024.
The report shows that the Median Sale Price in Fredericksburg reached $586,250 as of February 2024, marking an increase of 22.10% over the previous month and a 10.10% rise compared to a year ago.
Sales of homes in the region saw 6 homes changing hands. This represents a decline of 53.80% from the month before and down 40.00% compared to the same month last year.
The median time homes spent on the market was 83 days, which is up 46 days compared to last month and an increase of 20 days over the previous year.
With a Market Pulse Score of 82, the analysis suggests a falling trend in Fredericksburg’s housing market momentum.
For more information about the Fredericksburg, 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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