MyMarketPulse (mymarketpulse.com) has unveiled its analysis for May 2024, focusing on the property market trends in Rappahannock County, Virginia.
The Median Sale Price for properties in Rappahannock County was documented at $336,250 for May 2024. This price point is a downward move of 31.2% from the previous month and shows a 34.7% drop from the year before.
A total of 6 homes were sold in the region, indicating an increase of 20.0% from last month and a drop of 45.5% when compared with a year ago.
Additionally, the Median Days on Market for listings was observed at 19 days, 14 days shorter compared to the previous month and shorter by 15 days from last year.
Currently, with a Market Pulse Score of 88, Rappahannock County’s real estate market appears to be experiencing a downtrend.
For more information about the Rappahannock 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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