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Norfolk and Portsmouth, Virginia: 3 Year Market Repots

Below is a look at the trend for the past three years in Norfolk and Portsmouth, Virginia.
These statistics are obtained from REIN, the multiple listing service and are deemed reliable but not guaranteed. They do include any foreclosed, short sale and Bank owned homes that were listed.


Please call me if you'd like to buy or sell your home in Norfolk or Portsmouth, Virginia. I'd be happy to talk with you and help you determine the best pricing whether you are buying or selling. For more information, please visit my website .

Closed Sales

Closed Sales

Closed Sales

2006

2007

2008

Norfolk listings

3077

2497

1971

Average Price

$242,801

$249,392

$235,062

Days on the Market

54

67

85

Closed Sales

Closed Sales

Closed Sales

2006

2007

2008

Portsmouth listings

2568

1345

1010

Average Price

$188,167

$185,808

$180,173

Days on the Market

48

63

80

Homes for Sale in Virginia Beach and Chesapeake, VA

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Posted Sunday Mar 08