MyMarketPulse (mymarketpulse.com) has unveiled its analysis for March 2024, focusing on the property market trends in Newport News, Virginia.

The report shows that the Median Sale Price in Newport News reached $305,000 as of March 2024, marking an increase of 8.9% over the previous month and a 6.3% rise compared to a year ago.

The region reported 137 home sales, marking an increase of 5.4% from the prior month, and 1.4% decrease year-over-year.

The Median Days on Market was 26 days, down 5 days from the previous month and up 4 days from the prior year.

Currently, with a Market Pulse Score of 98, Newport News’s real estate market appears to be experiencing a downtrend.

For more information about the Newport News, 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

MyMarketPulse (mymarketpulse.com) has unveiled its analysis for March 2024, focusing on the property market trends in Newport News, Virginia.

As of 3/2024, Newport News had a Median Sale Price of $305,000, which was up 8.9% from the previous month and up 6.3% from the prior year.

The area witnessed the sale of 137 homes during this period, which is a 5.4% increase from the preceding month and a decrease of 1.4% compared to the same timeframe last year.

The Median Days on Market was 26 days, down 5 days from the previous month and up 4 days from the prior year.

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

For more information about the Newport News, 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