MyMarketPulse (mymarketpulse.com) recently disclosed its February 2024 findings on the housing market conditions in Hampton, Virginia.
The Median Sale Price for properties in Hampton was documented at $280,000 for February 2024. This price point is an upward move of 8.10% from the previous month and shows a 14.30% rise from the year before.
During this period, 124 homes were sold in the area, reflecting an increase 15.90% compared to the month beforeand and a decrease of 2.40% from the same month in the previous year.
Furthermore, homes in Hampton were on the market for an average of 47 days before selling, reflecting a decrease of 2 days days month-over-month and an increase of 11 day day year-over-year.
The Market Pulse Score for Hampton comes in at 92, pointing to a declining trend within the local real estate market.
For more information about the Hampton, 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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