In its July 2024 market overview, MyMarketPulse (mymarketpulse.com) highlights the real estate dynamics within Covington, Virginia.
The report shows that the Median Sale Price in Covington reached $94,000 as of July 2024, marking a decrease of 27.1% over the previous month and a 30.9% drop compared to a year ago.
The region reported 7 home sales, marking unchanged from the prior month, and 40.0% growth year-over-year.
Homes remained on the market for a median of 15 days, which is down 13 days from the month before and up 3 days from the previous year.
Covington’s Market Pulse Score currently stands at 108 indicating a rising trend for the market.
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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