Portsmouth NH Homes Sold Activity – 1st Quarter 2009

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.