In its March 2024 market overview, MyMarketPulse (mymarketpulse.com) highlights the real estate dynamics within Richmond, Virginia.

March 2024’s data reveals a Median Sale Price of $356,000 for homes in Richmond. This figure represents a growth of 1.7% month-over-month and a 11.3% year-over-year decrease.

177 homes were sold, an increase 14.9% from the previous month and a decrease of 5.3% from the prior year.

Additionally, the Median Days on Market for listings was observed at 14 days, 6 days shorter compared to the previous month and longer by 1 day from last year.

The Market Pulse Score for Richmond comes in at 93, pointing to a declining trend within the local real estate market.

For more information about the Richmond, 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

In its March 2024 market overview, MyMarketPulse (mymarketpulse.com) highlights the real estate dynamics within Richmond, Virginia.

The report shows that the Median Sale Price in Richmond reached $356,000 as of March 2024, marking an increase of 1.7% over the previous month and a 11.3% rise compared to a year ago.

The area witnessed the sale of 177 homes during this period, which is a 14.9% increase from the preceding month and a decrease of 5.3% compared to the same timeframe last year.

Homes remained on the market for a median of 14 days, which is down 6 days from the month before and up 1 day from the previous year.

With the Market Pulse Score sitting at 93, the trend in Richmond’s housing market seems to be falling.

For more information about the Richmond, 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