MyMarketPulse (mymarketpulse.com) just released its analysis of the March 2024 market data for Covington, Virginia.
The Median Sale Price for properties in Covington was documented at $191,500 for March 2024. This price point is an upward move of 64.4% from the previous month and shows a 86.0% rise from the year before.
A total of 2 homes were sold in the region, indicating a decrease of 66.7% from last month and a drop of 66.7% when compared with a year ago.
Furthermore, homes in Covington were on the market for an average of 47 days before selling, reflecting a decrease of 1 day days month-over-month and a decrease of 6 days day year-over-year.
The Market Pulse Score for Covington comes in at 102, 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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