Selling Your Portsmouth NH Home During The Holidays

Home and condo owners in Portsmouth NH…

and elsewhere, always ask questions about what to do during the holidays with regards to their decorations.  That’s a great question and one that should be taken seriously, by both the agent and the sellers, whether you’re selling a condo or a home.

Less is best, as the saying goes.  Not all potential buyers will appreciate a heavily decorated home, nor will all potential home buyers have the same taste you have in decorations.

The goal is to get your Portsmouth home or condo sold…

….and you want all buyers to be able to see your home and not be caught up in looking at your decorations.  Some fresh greens in a few areas, and maybe some holiday-colored candles would be something festive and simple to use.  Some nice white lights add a nice touch, and also serve to light the outside of your house as a welcoming gesture.

A recent article in the Portsmouth Herald has some great tips for holiday decorating – “Selling Your Home? Go Easy On Holiday Decor”.  Use this as a professional guide to help you with your holiday decorating.

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!

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

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 Condos – 2008 Market Recap

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!

Related Reading:

• Seacoast NH and Maine Real Estate Market Reports
• Absorption Rates and Why They’re Important to Know

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 Real Estate Market Update – September 2008

Real Estate Market Update for Portsmouth New Hampshire -
September 2008

Wherever we go, real estate is always one of the topics of conversation, and who isn’t
interested in real estate and how markets are doing!  There’s always someone
looking to buy a home, sell a home, or they know someone thinking about buying or selling real estate of some sort.

Homebuyers and home sellers in Portsmouth NH are no different, and I get asked about the New Hampshire real estate market all the time.  I love real estate, and helping people buy and sell homes and condos, so I never tire of real estate conversations!

Here is how the real estate market here in Portsmouth did
for the month of September 2008:

• –  We currently have 82 homes listed for sale through the
  Multiple Listing System (MLS), with the average asking price being $369,450.
  There were 23 new listings on homes that came on the market for sale during the
  month of September.  The average days on the market for these homes for sale is
  114 days.

• –  During September, we had 12 Portsmouth NH homes go under
  agreement or sale pending.  The average asking price of those sale pending homes
  was $340,708, and the average days on the market for those homes was 57
  days.

• –  We had 17 homes in Portsmouth sell during September, and
  the average sold price of those homes was $322,053.  The average days on the
  market for those sold homes was 114 days.  Sellers, on average, received 94% of
  their last asking price.

• –  During the month of September, we saw the listings on 9 homes in
  Portsmouth expire without selling.  Most likely these listings didn’t
  sell because of price – not being priced correctly for the current market, and
  buyers not seeing those homes as being a good value for the asking
  price.

The numbers above are showing us an absorption rate for
homes in Portsmouth NH to be just under 5
months.  The absorption
rate tells us how long it would take to absorb the current
inventory of homes for sale in Portsmouth NH if no other homes
came on the market for sale.  This month’s absorption rate has improved over August’s
absorption rate for Portsmouth NH homes.

Thinking about making Portsmouth
New Hampshire your home?  Call me today at 888-349-5678 x 3839, or
send me an email at ann@anncummings.com, and let’s talk
real estate!

Related Reading:

Seacoast New
Hampshire Real Estate Market Reports
Absorption
Rates and Why They’re Important to Know

Pricing
Your Portsmouth NH Homes and Condos Correctly for Todays
Market

Pricing
Your Home To Sell

Ann Cummings, 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