MyMarketPulse (mymarketpulse.com) has unveiled its analysis for May 2024, focusing on the property market trends in Richmond County, Virginia.
The Median Sale Price for properties in Richmond County was documented at $354,290 for May 2024. This price point is an upward move of 30.0% from the previous month and shows a 36.3% rise from the year before.
The area witnessed the sale of 6 homes during this period, which is a 25.0% decrease from the preceding month and an increase of 20.0% compared to the same timeframe last year.
The Median Days on Market for homes in Richmond County stood at 35 days, which is a decrease of 43 days days over the previous month and up by 26 days day from the previous year.
With the Market Pulse Score sitting at 131, the trend in Richmond County’s housing market seems to be rising.
For more information about the Richmond 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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