MyMarketPulse (mymarketpulse.com) just released its analysis of the June 2024 market data for Covington, Virginia.
According to the latest data, Covington’s Median Sale Price was pegged at $129,000, showing a decrease of 16.8% from the preceding month and a drop of 16.0% from the year before.
A total of 7 homes were sold in the region, indicating an increase of 40.0% from last month and a rise of 75.0% when compared with a year ago.
The median time homes spent on the market was 28 days, which is up 14 days compared to last month and a decrease of 52 days over the previous year.
The Market Pulse Score for Covington comes in at 112, pointing to a rising trend within the local real estate 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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