MyMarketPulse (mymarketpulse.com) just released its analysis of the March 2024 market data for Lynchburg, Virginia.

According to the latest data, Lynchburg’s Median Sale Price was pegged at $246,250, showing an increase of 9.4% from the preceding month and a rise of 7.1% from the year before.

68 homes were sold, a decrease 1.4% from the previous month and a decrease of 9.3% from the prior year.

The median time homes spent on the market was 18 days, which is down 5 days compared to last month and an increase of 11 day over the previous year.

The Market Pulse Score for Lynchburg is presently at 98, signaling a downward trajectory in the market’s activity.

For more information about the Lynchburg, 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 March 2024 real estate analysis for Lynchburg, Virginia, has been unveiled by MyMarketPulse (mymarketpulse.com), presenting detailed market insights.

March 2024’s data reveals a Median Sale Price of $246,250 for homes in Lynchburg. This figure represents a growth of 9.4% month-over-month and a 7.1% year-over-year decrease.

The region reported 68 home sales, marking a reduction of 1.4% from the prior month, and 9.3% decrease year-over-year.

The median time homes spent on the market was 18 days, which is down 5 days compared to last month and an increase of 11 day over the previous year.

The Market Pulse Score for Lynchburg comes in at 98, pointing to a declining trend within the local real estate market.

For more information about the Lynchburg, 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