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

The report shows that the Median Sale Price in Portsmouth reached $257,000 as of March 2024, marking a decrease of 1.0% over the previous month and a 11.7% rise compared to a year ago.

The region reported 123 home sales, marking an increase of 3.4% from the prior month, and unchanged year-over-year.

The median time homes spent on the market was 31 day, which is down 7 days compared to last month and an increase of 4 days over the previous year.

The Market Pulse Score for Portsmouth comes in at 97, pointing to a declining trend within the local real estate market.

For more information about the Portsmouth, 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) recently disclosed its March 2024 findings on the housing market conditions in Portsmouth, Virginia.

As of 3/2024, Portsmouth had a Median Sale Price of $257,000, which was down 1.0% from the previous month and up 11.7% from the prior year.

Sales of homes in the region saw 123 homes changing hands. This represents an increase of 3.4% from the month before and unchanged compared to the same month last year.

The Median Days on Market was 31 day, down 7 days from the previous month and up 4 days from the prior year.

With a Market Pulse Score of 97, the analysis suggests a falling trend in Portsmouth’s housing market momentum.

For more information about the Portsmouth, 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