MyMarketPulse (mymarketpulse.com) has unveiled its analysis for May 2024, focusing on the property market trends in Montgomery County, Virginia.
According to the latest data, Montgomery County’s Median Sale Price was pegged at $422,500, showing an increase of 5.6% from the preceding month and a rise of 5.0% from the year before.
During this period, 70 homes were sold in the area, reflecting an increase 22.8% compared to the month beforeand and a decrease of 5.4% from the same month in the previous year.
The Median Days on Market was 9 days, up 5 days from the previous month and up 4 days from the prior year.
Montgomery County’s Market Pulse Score currently stands at 111 indicating a rising trend for the market.
For more information about the Montgomery 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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