In its March 2024 market overview, MyMarketPulse (mymarketpulse.com) highlights the real estate dynamics within Orange County, North Carolina.
According to the latest data, Orange County’s Median Sale Price was pegged at $625,000, showing an increase of 30.2% from the preceding month and a rise of 32.1% from the year before.
Sales of homes in the region saw 97 homes changing hands. This represents an increase of 40.6% from the month before and up 4.3% compared to the same month last year.
Furthermore, homes in Orange County were on the market for an average of 12 days before selling, reflecting a decrease of 20 days days month-over-month and a decrease of 23 days day year-over-year.
Currently, with a Market Pulse Score of 92, Orange County’s real estate market appears to be experiencing a downtrend.
For more information about the Orange County, North Carolina 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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