MyMarketPulse (mymarketpulse.com) has unveiled its analysis for November 2024, focusing on the property market trends in Portsmouth, Virginia.
November 2024’s data reveals a Median Sale Price of $262,500 for homes in Portsmouth. This figure represents a decline of 0.9% month-over-month and a 11.7% year-over-year increase.
The region reported 112 home sales, marking a reduction of 15.2% from the prior month, and 28.7% growth year-over-year.
The Median Days on Market for homes in Portsmouth stood at 46 days, which is an increase of 11 day days over the previous month and up by 19 days day from the previous year.
The Market Pulse Score for Portsmouth comes in at 99, 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.
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