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.