MyMarketPulse (mymarketpulse.com) just released its analysis of the May 2024 market data for Manassas, Virginia.
The report shows that the Median Sale Price in Manassas reached $630,000 as of May 2024, marking an increase of 6.1% over the previous month and a 5.4% rise compared to a year ago.
Sales of homes in the region saw 13 homes changing hands. This represents a decline of 18.8% from the month before and down 27.8% compared to the same month last year.
Additionally, the Median Days on Market for listings was observed at 35 days, 29 days longer compared to the previous month and longer by 30 days from last year.
With a Market Pulse Score of 96, the analysis suggests a falling trend in Manassas’s housing market momentum.
For more information about the Manassas, 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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