In its June 2024 market overview, MyMarketPulse (mymarketpulse.com) highlights the real estate dynamics within Suffolk, Virginia.
The Median Sale Price for properties in Suffolk was documented at $414,291 for June 2024. This price point is a downward move of 0.9% from the previous month and shows a 9.9% rise from the year before.
The region reported 138 home sales, marking a reduction of 4.8% from the prior month, and 15.3% decrease year-over-year.
The median time homes spent on the market was 26 days, which is down 4 days compared to last month and an increase of 1 day over the previous year.
Suffolk’s Market Pulse Score currently stands at 110 indicating a rising trend for the market.
For more information about the Suffolk, 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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