MyMarketPulse (mymarketpulse.com) has unveiled its analysis for January 2025, focusing on the property market trends in Suffolk, Virginia.
The report shows that the Median Sale Price in Suffolk reached $392,500 as of January 2025, marking a decrease of 10.5% over the previous month and a 0.6% drop compared to a year ago.
The region reported 68 home sales, marking a reduction of 38.7% from the prior month, and 18.1% decrease year-over-year.
Homes remained on the market for a median of 56 days, which is down 2 days from the month before and up 3 days from the previous year.
The Market Pulse Score for Suffolk is presently at 90, signaling a downward trajectory in the market’s activity.
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.
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