MyMarketPulse (mymarketpulse.com) has unveiled its analysis for November 2024, focusing on the property market trends in Richmond, Virginia.
For November 2024, the data showcases a Median Sale Price of $450,000 in Richmond, a rise of 8.4% from the last month and an increase 26.8% from the same period the previous year.
During this period, 153 homes were sold in the area, reflecting a decrease 21.5% compared to the month beforeand and a decrease of 10.5% from the same month in the previous year.
Furthermore, homes in Richmond were on the market for an average of 17 days before selling, reflecting unchanged of days month-over-month and an increase of 8 days day year-over-year.
Richmond’s Market Pulse Score currently stands at 101 indicating a rising trend for the market.
For more information about the Richmond, 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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