MyMarketPulse (mymarketpulse.com) has unveiled its analysis for January 2025, focusing on the property market trends in Covington, Virginia.
According to the latest data, Covington’s Median Sale Price was pegged at $145,000, showing an increase of 63.5% from the preceding month and a rise of 15.5% from the year before.
3 homes were sold, a decrease 50.0% from the previous month and a decrease of 25.0% from the prior year.
Homes remained on the market for a median of 37 days, which is up 18 days from the month before and down 3 days from the previous year.
The Market Pulse Score for Covington is presently at 87, signaling a downward trajectory in the market’s activity.
For more information about the Covington, 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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