The latest report from MyMarketPulse (mymarketpulse.com) has been published, offering a comprehensive review of Covington, Virginia’s real estate market for May 2024.
As of 5/2024, Covington had a Median Sale Price of $155,000, which was up 10.7% from the previous month and up 210.0% from the prior year.
The area witnessed the sale of 5 homes during this period, which is a 16.7% decrease from the preceding month and an increase of 66.7% compared to the same timeframe last year.
The Median Days on Market for homes in Covington stood at 14 days, which is a decrease of 20 days days over the previous month and up by 5 days day from the previous year.
Covington’s Market Pulse Score currently stands at 106 indicating a rising trend for the market.
For more information about the Covington, 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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