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Portsmouth Market Trends

Today, December 16, 2009

Median Sales Price in Portsmouth

Embed Info
1 yr 5 yr Max
Portsmouth median sales prices
Number of sold homes in Portsmouth
No. BedroomsSep - Nov '09y-o-y3 months prior1 year prior5 years prior
1 bedroom-----
2 bedrooms$119,000+1.8%$132,370$116,950$86,700
3 bedrooms$149,826-13.1%$153,750$172,500$119,500
4 bedrooms$150,500-29.1%$178,625$212,200$128,900
All properties$149,652-6.5%$149,430$160,000$107,000
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Portsmouth Summary

The median sales price for homes in Portsmouth VA for Sep 09 to Nov 09 was $149,652. This represents an increase of 0.1%, or $222, compared to the prior quarter and a decrease of 6.5% compared to the prior year. Sales prices have appreciated 39.9% over the last 5 years in Portsmouth.

The average listing price for Portsmouth homes for sale on Trulia was $201,602 for the week ending Dec 08, which represents a decline of 0.2%, or $475, compared to the prior week and a decline of 0.5%, or $1,037, compared to the week ending Nov 17. Average price per square foot for Portsmouth VA was $103, a decrease of 7.2% compared to the same period last year.

 

Average Listing Price in Portsmouth

Embed Info
1 yr 5 yr Max
Portsmouth average property price
Portsmouth – number of properties
No. BedroomsWeek ending
Dec 8
w-o-wWeek ending
Dec 1
Week ending
Nov 24
Week ending
Nov 17
1 bedroom$124,494-0.9%$125,664$124,229$125,158
2 bedrooms$150,797-0.7%$151,853$152,408$152,973
3 bedrooms$175,9320.0%$175,940$176,934$176,411
4 bedrooms$236,503+0.4%$235,520$234,597$235,000
All properties$201,602-0.2%$202,077$202,611$202,639
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Average Price Per Sqft for Homes in Portsmouth

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1 yr 5 yr Max
Portsmouth average price per square foot
No. BedroomsSep - Nov '09y-o-y3 months prior1 year prior5 years prior
1 bedroom-----
2 bedrooms$108-1.8%$113$110$99
3 bedrooms$102-15.7%$113$121$90
4 bedrooms$96-15.0%$90$113$76
All properties$103-7.2%$111$111$89
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Homes for Sale in Portsmouth

306 North Street, Portsmouth VA
306 North…
$399,900
4 br  2 ½ ba
1755 Mathews Terrace, Portsmouth VA
1755 Mathe…
$179,900
 
4009 Clifford Street, Portsmouth VA
4009 Cliff…
$217,700
3 br  2 ba
3603 Kingman Avenue, Portsmouth VA
3603 Kingm…
$149,900
4 br  3 ba
3840 County Street, Portsmouth VA
3840 County…
$219,900
3 br  2 ba
3105 Dartmouth Street, Portsmouth VA
3105 Dartm…
$175,000
3 br  2 ba
View all Portsmouth Homes for Sale
 
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Nearby Cities

Cities
Median
sales price
Average
listing price
Chesapeake
$218,000
$328,730
Norfolk
$172,450
$305,582
Hampton
$175,000
$246,826
Virginia Beach
$225,000
$461,211
Newport News
$180,500
$231,990
Seaford
$130,000
$510,641
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Advice

Recent Q&A in Portsmouth, VA

Q: Do you think Portsmouth can support a Bed and Breakfast? There is not one in P-town currently that I could find. 2 answers
Q: How long does it take to close on a foreclosure/bank repo property in VA? 5 answers
Q: How do you know if your realtor is doing enough for you with a short sale? 5 answers
Q: I have an apartment in my name but my mom live there and pays the rent, but I want to buy a house would I be 5 answers
Q: Am I able to list a "Home For Sale By Owner" on this site? 3 answers

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Our real estate market trends page gives you a valuable overview of the Portsmouth real estate market. Find Portsmouth properties, sales statistics, real estate price trends, and real estate market activity. Find detailed information on Portsmouth average and median listing prices, home value trends, and average price per square feet information for single family homes, condos, and other property types. Real estate market data is segmented by the number of bedrooms and Portsmouth housing statistics are available for each Portsmouth, VA neighborhood.
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About this Info
Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.

Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Median Sales Price is the price at which one half of the homes sold above that amount and one half of the homes sold below that amount. Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Price per Square Foot is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.