MyMarketPulse (mymarketpulse.com) has unveiled its analysis for March 2024, focusing on the property market trends in Smyth County, Virginia.
The report shows that the Median Sale Price in Smyth County reached $157,500 as of March 2024, marking a decrease of 5.7% over the previous month and a 2.3% drop compared to a year ago.
Sales of homes in the region saw 12 homes changing hands. This represents a decline of 20.0% from the month before and down 36.8% compared to the same month last year.
Furthermore, homes in Smyth County were on the market for an average of 115 days before selling, reflecting an increase of 9 days days month-over-month and a decrease of 13 days day year-over-year.
With the Market Pulse Score sitting at 82, the trend in Smyth County’s housing market seems to be falling.
For more information about the Smyth County, 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.
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