MyMarketPulse (mymarketpulse.com) just released its analysis of the April 2024 market data for Portsmouth, Virginia.
April 2024’s data reveals a Median Sale Price of $263,000 for homes in Portsmouth. This figure represents a growth of 2.3% month-over-month and a 8.0% year-over-year decrease.
140 homes were sold, an increase 13.8% from the previous month and a decrease of 2.8% from the prior year.
The median time homes spent on the market was 23 days, which is down 8 days compared to last month and an increase of 3 days over the previous year.
The Market Pulse Score for Portsmouth comes in at 103, pointing to a rising 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.
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