MyMarketPulse (mymarketpulse.com) just released its analysis of the May 2024 market data for Lexington, Virginia.
The report shows that the Median Sale Price in Lexington reached $479,000 as of May 2024, marking an increase of 3.0% over the previous month and a 29.1% rise compared to a year ago.
The region reported 5 home sales, marking unchanged from the prior month, and unchanged year-over-year.
Homes remained on the market for a median of 209 days, which is up 166 days from the month before and up 202 days from the previous year.
The Market Pulse Score for Lexington comes in at 111, pointing to a rising trend within the local real estate market.
For more information about the Lexington, 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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