The latest report from MyMarketPulse (mymarketpulse.com) has been published, offering a comprehensive review of Lexington, Virginia’s real estate market for November 2024.
According to the latest data, Lexington’s Median Sale Price was pegged at $620,000, showing an increase of 79.1% from the preceding month and a rise of 47.8% from the year before.
Sales of homes in the region saw 1 home changing hands. This represents a decline of 87.5% from the month before and down 83.3% compared to the same month last year.
Additionally, the Median Days on Market for listings was observed at 45 days, 24 days longer compared to the previous month and shorter by 48 days from last year.
Currently, with a Market Pulse Score of 93, Lexington’s real estate market appears to be experiencing a downtrend.
For more information about the Lexington, 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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