Poquoson City Real Estate Market Sees Sales Decline

The Poquoson City market broke below its 12-month average sales volume this week as sales dropped 37.5% to hit 10 homes sold over the last 30 days. On the other hand, close-by Virginia Beach City registered 398 home sales in the same period, the most of all surrounding counties. Prices are falling in Poquoson City, and this period the median price of all sales fell from $310,500 to $194,625. Poquoson City is a definite buyer's market, thanks to a big eight months of inventory to choose from and a pullback in sales.

If you're looking for a large number of bathrooms, take a look at these three homes in Poquoson City that offer the most of all available listings:

$848K   $795K   $279K  

Get started right now by checking out Poquoson City homes for sale or reviewing Poquoson City real estate trends.

Demographic facts about Poquoson City:

  • The population growth rating is 58. (Scale: 1 = Worst, 100 = Best)
  • For every 100,000 people there are 288.1 physicians.
  • The health cost index score in this area is 101.2. (100 = national average)
  • Residents who travel to work by car account for 87.7% of all commuters, while carpools account for 6.2%, and public transit makes up 0.2%.

Data reported through 1/11/2017

Comments:

Ask a local expert about this area:
Keller Williams Elite-PEN
Snapped 1 home in this area
Nuvia Rivera & Associates
Snapped 3 homes in this area
Long & Foster Real Estate Inc.
Snapped 2 homes in this area

Agents that specialize in this area
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