MyMarketPulse (mymarketpulse.com) has unveiled its analysis for July 2024, focusing on the property market trends in Portsmouth, Virginia.
July 2024’s data reveals a Median Sale Price of $268,000 for homes in Portsmouth. This figure represents a decline of 5.0% month-over-month and a 2.0% year-over-year decrease.
A total of 132 homes were sold in the region, indicating an increase of 9.1% from last month and a drop of 5.7% when compared with a year ago.
Furthermore, homes in Portsmouth were on the market for an average of 31 day before selling, reflecting an increase of 6 days days month-over-month and an increase of 13 days day year-over-year.
The Market Pulse Score for Portsmouth is presently at 107, signaling an upward trajectory in the market’s activity.
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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