Virginia Beach Home Search Virginia Beach Featured listings Virginia Beach Home Value Virginia Beach New Home Listings


Portsmouth Real Estate Market Report-Feb 2008

February 27th, 2008 by Dave Macklin

Portsmouth Real Estate Market Report-Feb 2008

Portsmouth real estate home sales also decreased by 30 percent in January.

Portsmouth real estate 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.


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.