MyMarketPulse (mymarketpulse.com) just released its analysis of the November 2024 market data for Covington, Virginia.

The Median Sale Price for properties in Covington was documented at $85,000 for November 2024. This price point is a downward move of 11.5% from the previous month and shows a 25.0% drop from the year before.

During this period, 5 homes were sold in the area, reflecting an increase 25.0% compared to the month beforeand and unchanged from the same month in the previous year.

The Median Days on Market was 45 days, up 17 days from the previous month and up 27 days from the prior year.

The Market Pulse Score for Covington comes in at 81, pointing to a declining trend within the local real estate market.

For more information about the Covington, 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.

MyMarketPulse – What the Pros Know

The November 2024 real estate analysis for Covington, Virginia, has been unveiled by MyMarketPulse (mymarketpulse.com), presenting detailed market insights.

For November 2024, the data showcases a Median Sale Price of $85,000 in Covington, a drop of 11.5% from the last month and a decrease 25.0% from the same period the previous year.

The region reported 5 home sales, marking an increase of 25.0% from the prior month, and unchanged year-over-year.

Homes remained on the market for a median of 45 days, which is up 17 days from the month before and up 27 days from the previous year.

Currently, with a Market Pulse Score of 81, Covington’s real estate market appears to be experiencing a downtrend.

For more information about the Covington, 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.

MyMarketPulse – What the Pros Know

MyMarketPulse (mymarketpulse.com) has unveiled its analysis for November 2024, focusing on the property market trends in Covington, Virginia.

As of 11/2024, Covington had a Median Sale Price of $85,000, which was down 11.5% from the previous month and down 25.0% from the prior year.

The area witnessed the sale of 5 homes during this period, which is a 25.0% increase from the preceding month and unchanged compared to the same timeframe last year.

The Median Days on Market for homes in Covington stood at 45 days, which is an increase of 17 days days over the previous month and up by 27 days day from the previous year.

Covington’s Market Pulse Score currently stands at 81 indicating a falling trend for the market.

For more information about the Covington, 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.

MyMarketPulse – What the Pros Know