The latest report from MyMarketPulse (mymarketpulse.com) has been published, offering a comprehensive review of Hopewell, Virginia’s real estate market for July 2024.
The report shows that the Median Sale Price in Hopewell reached $214,600 as of July 2024, marking a decrease of 6.7% over the previous month and a 2.5% drop compared to a year ago.
The region reported 34 home sales, marking a reduction of 19.0% from the prior month, and 9.7% growth year-over-year.
The median time homes spent on the market was 9 days, which is down 2 days compared to last month and a decrease of 6 days over the previous year.
With the Market Pulse Score sitting at 119, the trend in Hopewell’s housing market seems to be rising.
For more information about the Hopewell, 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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