MyMarketPulse (mymarketpulse.com) has unveiled its analysis for February 2024, focusing on the property market trends in Suffolk, Virginia.
For February 2024, the data showcases a Median Sale Price of $390,000 in Suffolk, unchanged from the last month and an increase 3.10% from the same period the previous year.
Sales of homes in the region saw 95 homes changing hands. This represents an increase of 15.90% from the month before and up 2.20% compared to the same month last year.
Additionally, the Median Days on Market for listings was observed at 46 days, 7 days shorter compared to the previous month and shorter by 17 days from last year.
Suffolk’s Market Pulse Score currently stands at 89 indicating a falling trend for the market.
For more information about the Suffolk, 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 – Know What the Pros Know