The latest report from MyMarketPulse (mymarketpulse.com) has been published, offering a comprehensive review of Portsmouth, Virginia’s real estate market for January 2025.
For January 2025, the data showcases a Median Sale Price of $270,000 in Portsmouth, unchanged from the last month and an increase 5.9% from the same period the previous year.
74 homes were sold, a decrease 25.3% from the previous month and a decrease of 26.0% from the prior year.
Furthermore, homes in Portsmouth were on the market for an average of 53 days before selling, reflecting an increase of 19 days days month-over-month and an increase of 10 days day year-over-year.
Currently, with a Market Pulse Score of 87, Portsmouth’s real estate market appears to be experiencing a downtrend.
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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