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by: Dave.Macklin on Feb 27, 2008 @ 12:14 am     Leave a comment »

Portsmouth home sales also decreased by 30 percent in January, with market times increasing 67 percent compared to Jan 2007. The median price increased to $180,950 or 5 percent and the average sales prices remained relatively unchanged. 

Portsmouth

Sold
Listings

Median
Price

Average
Sale Price

Average Days
On Market

 Jan 2008

60

$180,950

$183,625

95

Jan 2007

86

$172,460

$183,098

57

Now is a GREAT time to be buying a home in Portsmouth. To learn more about Portsmouth real estate, please contact us at 866-222-0158 #550 or visit ButlerTeamHomes.com. To begin searching for Portsmouth VA homes for sale, please use our complimentary MLS search

Also read Virginia Beach real estate market report.

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To begin your search for the perfect home or to sell your home in the Virginia Beach area,
call Dave Macklin and The Butler Team at 866-222-0158 #550.