Portsmouth NH Homes Condos Real Estate » RE Market Reports

Portsmouth NH Homes For Sale

Ann Cummings — Wed, 22 Jul 2009 00:40:34 +0000

Are you thinking about buying a Portsmouth NH home?

We have some nice homes currently for sale in a variety of locations around town.

Portsmouth NH Homes – Jan. 1, 2009 to July 21, 2009

There are presently 65 homes for sale in Portsmouth, and they range in price from $229,900 to $8,500,000. The average asking price is $678,091, with the average days on the market being 93 days for those homes currently for sale.

Portsmouth has 59 homes presently sale pending, with most of those due to be sold/closed in the next 30 days. The average asking price for those homes sale pending was $340,119, average days on the market was 110 days.

There have been 67 homes in Portsmouth that have sold/closed since January 1, 2009. The average selling price of those sold Portsmouth NH homes was $326,144 and the average days on the market for these homes was 110 days. The sellers of those homes that have sold since the beginning of the year received, on average, 95% of their last asking price.

How do this year’s sold homes stack up against last year’s Portsmouth NH real estate figures?

Portsmouth NH Homes – Jan. 1, 2008 July 21, 2008

We had 67 homes in Portsmouth sell/close in this same time frame last year, and the average selling price of those homes sold was $366,103, and the average days on the market last year was 109 days. This time last year, sellers on average received 96% of their last asking price.

So, we’re seeing the same number of homes selling this year as last year. The average selling price this year is a little lower than last year’s average selling price, by about $40,000. The average days on the market is the same, and the list to sales ratio is a percent different. Prices are a little bit lower this year, so it really is a good time to be buying a Portsmouth NH home if you’re giving some thought to getting into the real estate market.

Is buying a new home in Portsmouth NH something you’re thinking about? If you’d like to have an experienced professional Portsmouth NH REALTOR on your side in your search, send me an email or give me a call at 888-349-5678 ext. 3939.

I’d be very happy to talk with you about making your dreams come true!

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.

Portsmouth NH Homes – Homes Sold in May 2009

Ann Cummings — Sun, 31 May 2009 02:06:23 +0000

Our local Portsmouth NH real estate market has been showing an active pace for the last few months, and we had some great sales this month.

If you’re curious about which homes sold and what the details were on those sales, check out the Portsmouth homes sold information below:

Homes Sold Portsmouth NH – May 2009

1483 Islington St – list price $169,900 – sold price $170,000 60 days on the market
450 Middle Rd – list price $183,000 – sold price $174,000 107 days on the market
261 Raleigh Way – list price $199,900 – sold price $195,000 167 days on the market
32 Mariette Dr – list price $229,900 – sold price $219,900 52 days on the market
16 McDonough St – list price $234,432 – sold price $199,000 126 days on the market
5 Osprey Dr – list price $234,900 – sold price $228,000 194 days on the market
287 Austin St – list price $260,000 – sold price $247,000 160 days on the market
1 Garden St – list price $263,500 – sold price $235,000 105 days on the market
181 Grant Ave – list price $274,900 – sold price $278,500 81 days on the market
77 Burkitt St – list price $319,000 – sold price $304,500 130 days on the market
33 Cliff Rd – list price $324,900 – sold price $305,000 373 days on the market
150 Buckminster Way – list price $414,900 – sold price $396,666 319 days on the market
202 Dennett Rd – list price $419,900 – sold price $400,000 60 days on the market
536 Marcy St – list price $442,000 – sold price $446,000 68 days on the market
281 Sagamore Ave – list price $577,000 – sold price $525,000 124 days on the market

The homes sold in Portsmouth for the month of May had an average asking price of $303,209 and an average selling price of $288,238. The average days on the market on those sold homes was 101 days. Sellers received an average of 95% of their last asking price.

We currently have 57 homes for sale in Portsmouth, with an average asking price of $680,651.

If you’re looking to buy a home in Portsmouth, your dream home may well be for sale now! I’d be happy to send you a list of Portsmouth homes for sale, and as your Portsmouth NH REALTOR I can help you find that special home just for you – I love helping people find their piece of the American dream of homeownership!

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 Portsmouth NH real estate!

Portsmouth NH Homes and Condos – April 2009 Market Update

Ann Cummings — Sat, 09 May 2009 01:14:28 +0000

Portsmouth New Hampshire Real Estate Market Update for April 2009

Everyone loves real estate and loves to know what’s going on in the marketplace, at least that’s how it seems!

How did we do in Portsmouth NH homes and condos for April?

Portsmouth NH Homes – April 2009 Real Estate Market Update:

Portsmouth Homes listed for sale – 20 homes came on the market in April

Sale pending – 12 homes went sale pending in April

Expired listings – 9 homes expired from the market without selling

Homes Sold – 9 homes sold during April

For those homes that came on the real estate market in Portsmouth during April, the average asking price was $705,084. The average asking price of all the homes currently for sale in Portsmouth is $494,751, and the average days on the market is 121 days.

Portsmouth NH homes that were sale pending in April had an average asking price of $343,211, and the average days on the market for those homes was 67 days on the market.

Homes sold in Portsmouth during April had an average selling price of $346,556, and an average asking price of $357,511. Those homes took an average of 181 days to sell. Sellers of those homes that sold received, on average, 97% of their last asking price.

Portsmouth NH Condos – April 2009 Real Estate Market Update:

Portsmouth Condos listed for sale – 23 condos came on the market for sale

Sale Pending – 9 condos went sale pending in April

Expired Listings – 14 condos expired from the market without selling

Sold Condos – 16 Portsmouth condos sold during April

The average asking price of those Portsmouth condos that were listed for sale in April was $516,930, and the average asking price for all condos for sale in Portsmouth is $458,145. The average days on the market for this condos is 150 days.

Portsmouth NH condos that went under agreement/sale pending during April had an average asking price of 314,475, with an average days on the market of 90 days.

Condos sold in Portsmouth during April had an average selling price of $219,813. The average asking price of those condos that sold was $303,825. The condos that sold took an average of 175 days to sell. Sellers of those sold condos received, on average, 96% of their last asking price.

To compare how April’s Portsmouth’s real estate activity was with the 1st quarter activity, be sure to check out “Portsmouth NH Homes Sold Activity – 1st Quarter 2009“

If you’re interested in buying or selling homes or condos in the Portsmouth NH real estate market, let me know. I love helping people achieve their real estate goals!

Do you have comments or questions about the Portsmouth NH real estate market? Please feel free to leave a comment – I’d love to hear from you!

Give me a call or send me an email, and let’s get started!!

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.

Send me an email or give me a call at 1-888-349-5678 ext 3839.

“Based on information from the Northern New England Real Estate Network, Inc. for the period April 1, 2009 through April 30, 2009.”

Rye NH Homes Sold – 1st Quarter Update

Ann Cummings — Tue, 07 Apr 2009 00:30:53 +0000

Rye New Hampshire Homes Sold Activity

1st Quarter 2009

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

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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!

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.

Portsmouth NH Homes Sold Activity – 1st Quarter 2009

Ann Cummings — Fri, 03 Apr 2009 19:09:29 +0000

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

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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!

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.

Portsmouth NH Homes – An Insulated Real Estate Market

Ann Cummings — Mon, 16 Mar 2009 00:34:03 +0000

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!

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.

Portsmouth NH Homes Sales – 10 Year History

Ann Cummings — Thu, 05 Mar 2009 22:33:40 +0000

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.

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!

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.

Portsmouth NH Homes Condos – 2008 Market Recap

Ann Cummings — Fri, 06 Feb 2009 01:40:24 +0000

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 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 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!

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!

Exeter NH Homes | Stratham NH Homes – 2008 Recap

Ann Cummings — Thu, 29 Jan 2009 02:29:01 +0000

Exeter NH Homes | Stratham NH Homes – 2008 Market Report Homes Sold

Real Estate is also a topic of great interest for almost everyone, and especially these days. With media outlets continually highlighting their perceptions of the real estate markets across the country, it makes is imperative to consult with a local professional REALTOR to get the real straight facts about your local real estate markets.

Here in the NH Seacoast real estate markets, some of our towns have fared better than the media would have you believe, while other towns haven’t fared as well.

Thie market report deals with the Exeter New Hampshire and Stratham NH homes sold and homes that came on the market for sale during the year 2008.
Exeter New Hampshire Homes Activity – 2008:

During 2008, we saw 201 homes in Exeter NH come on the real estate market for sale, with an average asking price of $420,595.
Of those homes that were for sale in Exeter last year, 96 homes sold during 2008.
The average selling price of those homes was $358,555, and the average amount of time it took to sell those homes was 160 days.
Sellers, on average, received 95% of their last asking price.

Stratham NH Homes Activity – 2008:

During 2008, 132 homes in Stratham came on the market for sale, with an average asking price of $519.451.
Fifty-four Stratham homes sold during 2008, and those homes sold had an average asking price of $404,951.
The average days on the market to get those homes sold was 141 days.
Sellers in Stratham, on average, received 98% of their last asking price.

To read more about the real estate markets in the Seacoast NH and Maine towns:
Seacoast NH and Maine Real Estate Market Reports

Are you thinking about buying or selling homes or condos in the Portsmouth NH area?
Buying Real Estate in the NH Seacoast Areas
Selling Real Estate in the NH Seacoast Areas

Do you want more 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!

Newcastle NH, Rye NH, North Hampton NH – 2008 Homes Market Recap

Ann Cummings — Sun, 25 Jan 2009 01:50:57 +0000

See how the real estate markets in the Seacoast towns of Rye, North Hampton, and New Castle NH fared for 2008!

Newcastle NH Homes, Rye NH Homes, North Hampton NH Homes – 2008 Real Estate Market Recap

Real estate markets and the local activity have varied greatly all across the country. All real estate is local, super local, and no matter how hard the medie tries to portray a national real estate market, there really is no such thing.

The various regions of New Hampshire are all quite varied, and even here in the Seacoast areas of NH and southern Maine, real estate activity varies from town to town.

This real estate market report focuses on the NH Seacoast towns of Rye, North Hampton and Newcastle:
New Castle New Hampshire Homes – 2008 Real Estate Market Recap:

During the year (2008), 33 homes came on the market for sale, with an average asking price of $1,221,542. We saw 15 homes sell in New Castle during 2008. Those homes had an average selling price of $1,064,957, and it took an average of 182 days for those homes to sell. Sellers realized, on average, 92% of their last asking price.

Rye New Hampshire Homes – 2008 Real Estate Market Recap:

2008 saw 130 homes in Rye NH come on the market, with an average asking price of $949,368. Seventy Rye homes sold in 2008, and the average sold price was $656,333. The average days on the market for those homes that sold in Rye last year was 136 days, and sellers in Rye received an average of 92% of their last asking prices.

North Hampton New Hampshire Homes – 2008 Real Estate Market Recap:

North Hampton NH homes for sale during 2008 totalled 91 homes, with an averaga asking price of $802,908. We saw only 35 homes in North Hampton sell last year, with an average selling price $726,320. Those homes that sold last year took an average of 202 days, and those sellers received an average of 90% of their last asking price.