MyMarketPulse (mymarketpulse.com) recently disclosed its March 2024 findings on the housing market conditions in Chesapeake, Virginia.

According to the latest data, Chesapeake’s Median Sale Price was pegged at $419,950, showing an increase of 12.3% from the preceding month and a rise of 5.0% from the year before.

The area witnessed the sale of 216 homes during this period, which is a 18.7% increase from the preceding month and a decrease of 14.3% compared to the same timeframe last year.

The Median Days on Market for homes in Chesapeake stood at 25 days, which is a decrease of 18 days days over the previous month and down by 3 days day from the previous year.

The Market Pulse Score for Chesapeake is presently at 94, signaling a downward trajectory in the market’s activity.

For more information about the Chesapeake, 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

The latest report from MyMarketPulse (mymarketpulse.com) has been published, offering a comprehensive review of Chesapeake, Virginia’s real estate market for March 2024.

As of 3/2024, Chesapeake had a Median Sale Price of $419,950, which was up 12.3% from the previous month and up 5.0% from the prior year.

Sales of homes in the region saw 216 homes changing hands. This represents an increase of 18.7% from the month before and down 14.3% compared to the same month last year.

The Median Days on Market for homes in Chesapeake stood at 25 days, which is a decrease of 18 days days over the previous month and down by 3 days day from the previous year.

With a Market Pulse Score of 94, the analysis suggests a falling trend in Chesapeake’s housing market momentum.

For more information about the Chesapeake, 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