The February 2024 real estate analysis for Galax, Virginia, has been unveiled by MyMarketPulse (mymarketpulse.com), presenting detailed market insights.
The Median Sale Price for properties in Galax was documented at $86,000 for February 2024. This price point is an upward move of 1.20% from the previous month and shows a 50.40% drop from the year before.
The area witnessed the sale of 8 homes during this period, which is a 700.00% increase from the preceding month and an increase of 60.00% compared to the same timeframe last year.
Additionally, the Median Days on Market for listings was observed at 183 days, 175 days longer compared to the previous month and longer by 112 days from last year.
The Market Pulse Score for Galax is presently at 75, signaling a downward trajectory in the market’s activity.
For more information about the Galax, 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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