January 26, 2024 – MyMarketPulse (mymarketpulse.com) just released its analysis of the December 2023 market data for Chesapeake, Virginia.
As of 12/2023, Chesapeake had a Median Sale Price of $390,500, which was up 0.3% from the previous month and down 2.6% from the prior year.
148 homes were sold, a decrease 9.8% from the previous month and a decrease of 29.9% from the prior year.
The Median Days on Market was 40 days, up 7 days from the previous month and up 13 days from the prior year.
Chesapeake’s Market Pulse Score currently stands at 84 indicating a falling trend for the market.
For more information about the Chesapeake, 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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