MyMarketPulse (mymarketpulse.com) just released its analysis of the July 2024 market data for Cumberland County, Virginia.
July 2024’s data reveals a Median Sale Price of $304,475 for homes in Cumberland County. This figure represents a decline of 7.7% month-over-month and a 55.9% year-over-year increase.
The area witnessed the sale of 14 homes during this period, which is a 75.0% increase from the preceding month and an increase of 75.0% compared to the same timeframe last year.
Additionally, the Median Days on Market for listings was observed at 30 days, 23 days longer compared to the previous month and longer by 25 days from last year.
Cumberland County’s Market Pulse Score currently stands at 112 indicating a rising trend for the market.
For more information about the Cumberland County, 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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