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

The Median Sale Price for properties in Salem was documented at $266,225 for March 2024. This price point is a downward move of 19.3% from the previous month and shows a 15.8% rise from the year before.

The region reported 22 home sales, marking an increase of 4.8% from the prior month, and 15.8% growth year-over-year.

Furthermore, homes in Salem were on the market for an average of 21 day before selling, reflecting a decrease of 31 day days month-over-month and an increase of 1 day day year-over-year.

With the Market Pulse Score sitting at 98, the trend in Salem’s housing market seems to be falling.

For more information about the Salem, 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) recently disclosed its March 2024 findings on the housing market conditions in Salem, Virginia.

The Median Sale Price for properties in Salem was documented at $266,225 for March 2024. This price point is a downward move of 19.3% from the previous month and shows a 15.8% rise from the year before.

Sales of homes in the region saw 22 homes changing hands. This represents an increase of 4.8% from the month before and up 15.8% compared to the same month last year.

The Median Days on Market was 21 day, down 31 day from the previous month and up 1 day from the prior year.

With the Market Pulse Score sitting at 98, the trend in Salem’s housing market seems to be falling.

For more information about the Salem, 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