The May 2024 real estate analysis for Hanover County, Virginia, has been unveiled by MyMarketPulse (mymarketpulse.com), presenting detailed market insights.
According to the latest data, Hanover County’s Median Sale Price was pegged at $500,000, showing an increase of 6.4% from the preceding month and a rise of 3.6% from the year before.
Sales of homes in the region saw 141 home changing hands. This represents an increase of 45.4% from the month before and up 14.6% compared to the same month last year.
The median time homes spent on the market was 12 days, which is unchanged compared to last month and an increase of 1 day over the previous year.
With the Market Pulse Score sitting at 108, the trend in Hanover County’s housing market seems to be rising.
For more information about the Hanover 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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