MyMarketPulse (mymarketpulse.com) just released its analysis of the May 2024 market data for Hopewell, Virginia.
According to the latest data, Hopewell’s Median Sale Price was pegged at $242,000, showing an increase of 0.8% from the preceding month and a rise of 11.0% from the year before.
34 homes were sold, an increase 3.0% from the previous month and an increase of 21.4% from the prior year.
Furthermore, homes in Hopewell were on the market for an average of 17 days before selling, reflecting an increase of 4 days days month-over-month and an increase of 4 days day year-over-year.
Currently, with a Market Pulse Score of 115, Hopewell’s real estate market appears to be experiencing an upturn.
For more information about the Hopewell, 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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