You are here: Home / Archives for RE Market Reports

Rye NH Homes Sold – 1st Quarter Update

April 6, 2009 By 1 Comment

Rye New Hampshire Homes Sold Activity

1st Quarter 2009

Rye NH Oceanfront Homes - Rye NH Homes
Everyone seems to have some kind of interest in the real estate market, and a thirst for local Seacoast NH real estate market information is alive and well.


Rye New Hampshire is a beautiful little town nestled right along the coast, with a rocky and sandy coastline that locals and visitors alike fall in love with.  Just minutes from downtown Portsmouth NH and within easy access to local highways, Rye is a quintessential small New England town with a beautiful church in the very center of town, just like a postcard scene!

The real estate market in Rye is alive and well, and here are the statistics for the 1st quarter of 2009:

  • 55     ~    homes presently for sale in Rye NH
    250   ~    average days on the market for those homes currently for sale
  • 4      ~     homes currently sale pending in Rye
    85    ~     average days on the market for homes currently sale pending
  • 5      ~     homes sold in Rye during the 1st quarter
    59    ~     average days on the market for those homes that sold

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

  • Currently, the average asking price for homes for sale in Rye NH is $1,013,451.
  • The average asking prices on those homes currently sale pending was $700,625.
  • The average asking price on those homes sold in Rye New Hampshire for the 1st quarter of 2009 was $666,625.
    The average selling price of those homes that sold was $540,825.

For the 1st quarter of 2009, Rye NH home sellers received on average 81% of their last asking price as their final selling price.

January Home Sales in Rye          –   3
February Home Sales in Rye        –   1
March Home Sales in Rye             –   1

The real estate market seems to be picking up at this point.  Lots of area homes and condos for sale are getting a lot more showings than they’ve had over the last few months, and buyers are getting back out and looking for that special home or condo in the Portsmouth area that meets their needs.  If you have your home or condo for sale, make sure you do all you can to make it stand out to those buyers who are actively in the market to buy!
If you’re interested in buying or selling real estate in the Rye NH area, give me a call – I’d love to help make your goals become a reality for you!


Send me an email or give me a call (1-888-349-5678 ext 2829) – I’d love to talk to you about the real estate market and your interest in buying or selling here in the Rye NH real estate homes market!


Click here to search homes and condos for sale in NH and Maine
Contact Ann Cummings New Hampshire REALTOR View Featured Homes and Condos For Sale in the Portsmouth NH Area Check Out My Monthly Real Estate Newsletter - Ann Cummings

Click here to see all things real estate and community info for Portsmouth NH Area - Ann Cummings NH and Maine REALTORFollow Ann on Twitter!

Servicing the New Hampshire towns of Portsmouth, Newcastle,
Rye, North Hampton, Hampton, Stratham, Exeter, Greenland, Newington,
Dover, Durham and surrounding areas, and the Maine towns of Kittery,
Kittery Point, Eliot, South Berwick, York, and surrounding areas.
Filed Under: Featured, RE Market Reports, Rye Tagged With: , , , ,
Would you like information on the Portsmouth New Hampshire real estate market? Do you have questions about the buying or selling process? Give me a call at 1-888-349-5678 x 3839 or send me an email and let’s talk real estate!

Portsmouth NH Homes Sold Activity – 1st Quarter 2009

April 3, 2009 By 1 Comment

Portsmouth New Hampshire Homes
Sold Activity

1st Quarter of 2009

The Portsmouth NH real estate market is always abuzz with people wanting to know what’s going on, how’s the activity, what’s sold and for how much.  After all, almost everyone is interested in real estate, and as the real estate markets go, typically so goes most other things in the economy.

So, how’d we do in the Portsmouth real estate market for the 1st quarter of this year?  Check out the stats below:

  • 57  –  homes currently for sale in Portsmouth
    114  –  average days on the market for homes currently for sale
  • 18  –  homes currently sale pending in Portsmouth
    161  –  average days on the market for homes currently pending
  • 17  –  homes sold in Portsmouth
    129  –  average days on the market for those homes that sold

~~~~~~~~~~~~~~~~~~~~~~~~

  • Currently, the average asking price on homes for sale in Portsmouth NH is $461,802.
  • The average asking price on those homes in Portsmouth that are currently sale pending was $333,850.
  • The average asking price for those homes sold in Portsmouth for the 1st quarter of 2009 was $313,276.
    The average selling price of those homes that sold was $290,235.

For the 1st quarter of 2009, Portsmouth NH home sellers received, on average, 93% of their last asking price as their final selling price.  For example, a home priced at $450,000 would have sold for $418,500, 93% of the asking price.

January home sales in Portsmouth    –  6 homes
February home sales in Portsmouth  –  3 homes
March home sales in Portsmouth        –  7 homes

The market seems to be picking up at this point.  Lots of properties for sale are getting a lot more showings than they’ve had over the last few months, and buyers are getting back out and looking for that special home or condo in Portsmouth that meets their needs.  If you have your home or condo for sale, make sure you do all you can to make it stand out to those buyers who are actively in the market to buy!

If you’re interested in buying or selling real estate in the Portsmouth NH area, give me a call – I’d love to help make your goals become a reality for you!

Send me an email or give me a call (1-888-349-5678 ext 2829) – I’d love to talk to you about the real estate market and your interest in buying or selling here in the Portsmouth NH real estate homes market!


Call TODAY and let’s get started finding you that perfect home or condo!


Click here to search homes and condos for sale in NH and Maine
Contact Ann Cummings New Hampshire REALTOR View Featured Homes and Condos For Sale in the Portsmouth NH Area Check Out My Monthly Real Estate Newsletter - Ann Cummings

Click here to see all things real estate and community info for Portsmouth NH Area - Ann Cummings NH and Maine REALTORFollow Ann on Twitter!

Servicing the New Hampshire towns of Portsmouth, Newcastle,
Rye, North Hampton, Hampton, Stratham, Exeter, Greenland, Newington,
Dover, Durham and surrounding areas, and the Maine towns of Kittery,
Kittery Point, Eliot, South Berwick, York, and surrounding areas.
Filed Under: Blog, Portsmouth, RE Market Reports Tagged With: , , , , , ,
Would you like information on the Portsmouth New Hampshire real estate market? Do you have questions about the buying or selling process? Give me a call at 1-888-349-5678 x 3839 or send me an email and let’s talk real estate!

Portsmouth NH Homes – An Insulated Real Estate Market

March 15, 2009 By Leave a Comment

Portsmouth New Hampshire real estate has fared far better than most of the country when it comes to foreclosures and median sales prices.

The years 2006 through 2008 have shown very little change in the number of foreclosures in Portsmouth NH, and has shown fairly stable median selling prices as well.  Several towns in the immediate Portsmouth area have actually shown an increase in the median sales prices in that time frame.

“Portsmouth is unique to the area.  It has pretty much remained strong throughout all of this.  They suffered a little, but for the most part Portsmouth is sort of an anomaly.  They set their own trends.”

This was quoted from the Portsmouth Herald, in an article in today’s Sunday Portsmouth Herald, “Portsmouth Bucks Nationwide Foreclosure Trend“.

Portsmouth NH’s unemployment rate has remained low, compared to unemployment rates around the nation.  The January rate was 4.8%, and the state rate was 5.7% with the county, Rockingham County, showing an unemployment rate of 6.1%.  The nationwide unemployment rate was 8.5%.

The foreclosure numbers for homes in Portsmouth were as follows:

  • 2006   10 foreclosures
  • 2007   14 foreclosures
  • 2008   13 foreclosures

The median sales prices for Portsmouth NH homes for 2006 and 2008:

  • 2006    $327,500
  • 2008    $325,000

The above numbers are sourced from The Portsmouth Herald, and the City of Portsmouth.
These numbers show that those who live in Portsmouth NH have fared better than most not only in the nation but around the state as well.   We do live in a fabulous place!
Are you looking to buy or sell real estate here in the Portsmouth NH area?  If so, send me an email or give me a call – I’d love to talk to you about the real estate market and your interest in buying or selling here in the Portsmouth NH real estate homes market!

Click here to search homes and condos for sale in NH and Maine
Contact Ann Cummings New Hampshire REALTOR View Featured Homes and Condos For Sale in the Portsmouth NH Area Check Out My Monthly Real Estate Newsletter - Ann Cummings

Click here to see all things real estate and community info for Portsmouth NH Area - Ann Cummings NH and Maine REALTORFollow Ann on Twitter!

Servicing the New Hampshire towns of Portsmouth, Newcastle,
Rye, North Hampton, Hampton, Stratham, Exeter, Greenland, Newington,
Dover, Durham and surrounding areas, and the Maine towns of Kittery,
Kittery Point, Eliot, South Berwick, York, and surrounding areas.
Filed Under: Blog, Featured, Portsmouth, RE Market Reports Tagged With: , , ,
Would you like information on the Portsmouth New Hampshire real estate market? Do you have questions about the buying or selling process? Give me a call at 1-888-349-5678 x 3839 or send me an email and let’s talk real estate!

Portsmouth NH Homes Sales – 10 Year History

March 5, 2009 By Leave a Comment

Portsmouth New Hampshire Homes Activity from 1998 through 2008 – A Look Back

For those who like to keep on top of the pulse of the local Portsmouth real estate market, looking back at the total sales for each of the last ten years will be interesting.

This chart shows the total  number of homes sold in Portsmouth NH during each of the last 10 years.

portsmouth-nh-homes-sold-1998-through-2008-ann-cummings-copyright1

Charts are more visually appealing for many people, and you can see from this chart that the total number of Portsmouth homes sold last year, 2008, is lower than any other year in the past 10 years.

The average sales price during those 10 years varies widely.

  • 1998      197 homes     $181,645
  • 1999      211 homes      $213,247
  • 2000     183 homes     $258,756
  • 2001     196 homes      $278,421
  • 2002     197 homes     $296,840
  • 2003     208 homes     $324,168
  • 2004     192 homes     $387,491
  • 2005     182 homes     $436,140
  • 2006     143 homes     $375,035
  • 2007     175 homes     $369,899
  • 2008     128 homes     $354,976

Price-wise, the average selling price of Portsmouth homes is back to the late 2003 and early 2004 selling prices.  If you see a home today that you love and would like to own, this may just be the perfect time for you to get out there in the market.  Take advantage of today’s pricing and  the low interest rates!

Send me an email or give me a call – I’d love to talk to you about the real estate market and your interest in buying or selling here in the Portsmouth NH area!

Click here to search homes and condos for sale in NH and Maine
Contact Ann Cummings New Hampshire REALTOR View Featured Homes and Condos For Sale in the Portsmouth NH Area Check Out My Monthly Real Estate Newsletter - Ann Cummings

Click here to see all things real estate and community info for Portsmouth NH Area - Ann Cummings NH and Maine REALTORFollow Ann on Twitter!

Servicing the New Hampshire towns of Portsmouth, Newcastle,
Rye, North Hampton, Hampton, Stratham, Exeter, Greenland, Newington,
Dover, Durham and surrounding areas, and the Maine towns of Kittery,
Kittery Point, Eliot, South Berwick, York, and surrounding areas.

Filed Under: Portsmouth, RE Market Reports Tagged With: , , , ,
Would you like information on the Portsmouth New Hampshire real estate market? Do you have questions about the buying or selling process? Give me a call at 1-888-349-5678 x 3839 or send me an email and let’s talk real estate!

Portsmouth NH Homes Condos – 2008 Market Recap

February 5, 2009 By 3 Comments

Portsmouth NH Homes and Condos -
2008 Real Estate Market Recap

Portsmouth NH homes and condos real estate market activity was up and down throughout the year during 2008.  The strongest amount of activity in both homes and condos was late spring into the summer, for both homes and condos listed for sale on the market and homes and condos sold.

Portsmouth New Hampshire Homes – 2008 Activity:

  • 231 homes were listed for sale during 2008
  • 126 homes sold during 2008
  • $354,365 was the average selling price of Portsmouth homes during 2008
  • 107 days was the average number of days it took to sell those homes that sold during 2008
  • 96% was the amount that sellers, on average, received of their last asking price during 2008

The chart below shows the Portsmouth NH Homes activity – homes for sale and homes sold – for 2008

portsmouth-nh-homes-chart-2008-ann-cummings-text

Portsmouth New Hampshire Condos – 2008 Activity:

  • 237 Portsmouth condos were listed for sale during 2008
  • 131 condos were sold during 2008
  • $328,328 was the average selling price of Portsmouth NH condos during 2008
  • 128 days was the average amount of time it took to sell those condos that sold during 2008
  • 96% was the average amount sellers received of their last asking price during 2008

The chart below shows the Portsmouth NH Condos activity – condos for sale and condos sold – for 2008

portsmouth-nh-condos-2008-ann-cummings-text

Portsmouth New Hampshire is a beautiful coastal town, a working port, and has much to offer anyone interested in living here.  If you’re interested in exploring the real estate market here in Portsmouth, either as buyers or sellers, send me an email or give me a call at 1-888-349-5678 x 3839.

I’d love to help you with your real estate goals!

Related Reading:

  • Pricing Your Seacoast NH Homes and Condos Correctly for Todays Market
  • Pricing Your Home To Sell
    Would you like information on the New Hampshire or Maine real estate market?
    Do you have questions about the buying or selling process?
    Give me a call at 1-888-349-5678 x 3839 or send me an email and let’s talk real estate!

    • Click here to search homes and condos for sale in NH and Maine
    Contact Ann Cummings New Hampshire REALTOR View Featured Homes and Condos For Sale in the Portsmouth NH Area Check Out My Monthly Real Estate Newsletter - Ann Cummings

    Click here to see all things real estate and community info for Portsmouth NH Area - Ann Cummings NH and Maine REALTORFollow Ann on Twitter!
    Servicing the New Hampshire towns of Portsmouth, Newcastle, Rye, North Hampton, Hampton, Stratham, Exeter, Greenland, Newington, Dover, Durham and surrounding areas, and the Maine towns of Kittery, Kittery Point, Eliot, South Berwick, York, and surrounding areas.

    Filed Under: Featured, RE Market Reports Tagged With: , , , , , , , , ,
    Would you like information on the Portsmouth New Hampshire real estate market? Do you have questions about the buying or selling process? Give me a call at 1-888-349-5678 x 3839 or send me an email and let’s talk real estate!
    « Older Posts
    Newer Posts »