MyMarketPulse (mymarketpulse.com) has unveiled its analysis for June 2024, focusing on the property market trends in Petersburg, Virginia.
The Median Sale Price for properties in Petersburg was documented at $207,500 for June 2024. This price point is an upward move of 1.2% from the previous month and shows a 8.1% rise from the year before.
The region reported 33 home sales, marking a reduction of 31.3% from the prior month, and 42.1% decrease year-over-year.
The median time homes spent on the market was 24 days, which is down 1 day compared to last month and an increase of 5 days over the previous year.
Currently, with a Market Pulse Score of 105, Petersburg’s real estate market appears to be experiencing an upturn.
For more information about the Petersburg, 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.
MyMarketPulse – What the Pros Know