MyMarketPulse (mymarketpulse.com) recently disclosed its November 2024 findings on the housing market conditions in Suffolk, Virginia.

For November 2024, the data showcases a Median Sale Price of $435,500 in Suffolk, a rise of 6.5% from the last month and an increase 16.1% from the same period the previous year.

During this period, 123 homes were sold in the area, reflecting an increase 9.8% compared to the month beforeand and an increase of 12.8% from the same month in the previous year.

The Median Days on Market was 45 days, down 10 days from the previous month and up 8 days from the prior year.

Suffolk’s Market Pulse Score currently stands at 102 indicating a rising trend for the market.

For more information about the Suffolk, 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 Suffolk, Virginia.

November 2024’s data reveals a Median Sale Price of $435,500 for homes in Suffolk. This figure represents a growth of 6.5% month-over-month and a 16.1% year-over-year increase.

During this period, 123 homes were sold in the area, reflecting an increase 9.8% compared to the month beforeand and an increase of 12.8% from the same month in the previous year.

The Median Days on Market for homes in Suffolk stood at 45 days, which is a decrease of 10 days days over the previous month and up by 8 days day from the previous year.

The Market Pulse Score for Suffolk is presently at 102, signaling an upward trajectory in the market’s activity.

For more information about the Suffolk, 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