In its November 2024 market overview, MyMarketPulse (mymarketpulse.com) highlights the real estate dynamics within Norfolk, Virginia.

For November 2024, the data showcases a Median Sale Price of $315,000 in Norfolk, a rise of 1.6% from the last month and an increase 3.3% from the same period the previous year.

The region reported 184 home sales, marking a reduction of 11.1% from the prior month, and 5.1% growth year-over-year.

Furthermore, homes in Norfolk were on the market for an average of 33 days before selling, reflecting an increase of 2 days days month-over-month and an increase of 7 days day year-over-year.

With the Market Pulse Score sitting at 99, the trend in Norfolk’s housing market seems to be falling.

For more information about the Norfolk, 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

In its November 2024 market overview, MyMarketPulse (mymarketpulse.com) highlights the real estate dynamics within Norfolk, Virginia.

The Median Sale Price for properties in Norfolk was documented at $315,000 for November 2024. This price point is an upward move of 1.6% from the previous month and shows a 3.3% rise from the year before.

A total of 184 homes were sold in the region, indicating a decrease of 11.1% from last month and a rise of 5.1% when compared with a year ago.

Homes remained on the market for a median of 33 days, which is up 2 days from the month before and up 7 days from the previous year.

With a Market Pulse Score of 99, the analysis suggests a falling trend in Norfolk’s housing market momentum.

For more information about the Norfolk, 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

In its November 2024 market overview, MyMarketPulse (mymarketpulse.com) highlights the real estate dynamics within Norfolk, Virginia.

As of 11/2024, Norfolk had a Median Sale Price of $315,000, which was up 1.6% from the previous month and up 3.3% from the prior year.

184 homes were sold, a decrease 11.1% from the previous month and an increase of 5.1% from the prior year.

The Median Days on Market for homes in Norfolk stood at 33 days, which is an increase of 2 days days over the previous month and up by 7 days day from the previous year.

Norfolk’s Market Pulse Score currently stands at 99 indicating a falling trend for the market.

For more information about the Norfolk, 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