Portsmouth New Hampshire’s Real Estate Market Update

The charts below show you how our real estate market in Portsmouth NH is doing in relation to
the same time frame from 2007.

There are currently 76
residential homes on the market in Portsmouth
NH and there have been 52 homes sold so far this year as
compared to 74 homes sold during the same
time last year. That is a decrease of 22 homes sold over the same time from last year.

What’s interesting is the average price of homes sold this
year has increased by $37,000.  The median price has only increased by $10,000.

Days on market (DOM) for sold homes have only increased on
average by 1 day. The median DOM has jumped by almost a month.

We are almost a week away from the end of the month and I
wonder how many of the under contract and contingent sales will close by the
end of June.

Stay tuned for the month ending Portsmouth NH real estate update.

Thanks Jay!

Thinking about making the coastal areas of Maine or New Hampshire your
home?  Call me today at 603-431-1111 x 3839, or send
me an email, and let’s talk real estate!

                                  
 
Ann Cummings, Maine and New
Hampshire REALTOR
  RE/MAX Coast to Coast
 
Portsmouth NH
  ann@anncummings.com
  888-349-5678 x
3839
  Servicing the
Coastal Areas of NH & Southern Maine