MyMarketPulse (mymarketpulse.com) just released its analysis of the January 2025 market data for Chesapeake, Virginia.
The Median Sale Price for properties in Chesapeake was documented at $458,950 for January 2025. This price point is an upward move of 2.0% from the previous month and shows a 14.9% rise from the year before.
During this period, 136 homes were sold in the area, reflecting a decrease 23.6% compared to the month beforeand and an increase of 3.8% from the same month in the previous year.
The median time homes spent on the market was 29 days, which is down 3 days compared to last month and a decrease of 19 days over the previous year.
With a Market Pulse Score of 90, the analysis suggests a falling trend in Chesapeake’s housing market momentum.
For more information about the Chesapeake, 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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