The average home sales price in Portsmouth, NH is $379,465, with an average time on market of 132 days. See available real estate for sale in Portsmouth, NH or view current real estate market conditions in Portsmouth.
Portsmouth, NH
Portsmouth saw sixteen homes reported sold in November with an average sales price of $335,562, which was 4.3% of asking price on average.
Homes sold in Portsmouth in November.
- 206 Northwest Street, a 4 bedroom waterfront home on North Mill Pond, sold for $675,000.
- 20 Brigham Lane, a 3 bedroom home, sold for $613,600.
- 175 Wibird Street, a 3 bedroom home in Little Harbour, sold for $422,500.
- 96 Buckminster Way, a 3 bedroom home, sold for $405,000.
- 339 Wibird Street, a 3 bedroom home, sold for $400,000.
- 250 McKinley, a 3 bedroom home, sold for $310,000.
- 198 Essex Avenue, a 3 bedroom home, sold for $300,000.
- 159 Madison St, a 3 bedroom home, sold for $297,000.
- 13 Harding, a 4 bedroom home, sold for $289,900.
- 27 Verdun Avenue, a 3 bedroom home, sold for $277,000.
- 218 Edmonds Avenue, a 3 bedroom home, sold for $264,000.
- 749 Sagamore Avenue, a 3 bedroom home, sold for $242,000.
- 84 Thornton Street, a 3 bedroom home, sold for $240,000.
- 7 Simonds, a 4 bedroom home, sold for $233,000.
- 249 Raleigh Way, a 3 bedroom home at Atlantic Heights, sold for $200,000.
- 251 Raleigh Way, a 3 bedroom home at Atlantic Heights, sold for $200,000.
There were 11 condominium sales reported sold in November with an average sales price of $240,818 and an average time on market of nearly five months. 13 condos came on the market in November.
Condominiums sold in Portsmouth in November.
- 579 Sagamore Avenue, a 3 bedroom Tidewatch condominium, sold for $460,000.
- 699 Middle Street, a 2 bedroom condominium, sold for $337,500.
- 116 State Street, a 2 bedroom condominium, sold for $285,000.
- 605 Lincoln Ave., a 2 bedroom condominium, sold for $280,000.
- 34 Wibird St, a 3 bedroom condominium, sold for $270,000.
- 240 Union Street, a 1 bedroom condominium, sold for $268,000.
- 128 Spinnaker Way, a 2 bedroom condominium, sold for $222,500.
- 1039 Islington Street, a 2 bedroom condominium, sold for $185,000.
- 501 Springbrook Circle, a 2 bedroom condominium, sold for $150,000.
- 1312 White Cedar Blvd, a 2 bedroom condominium, sold for $106,000.
- 93 High, a 2 bedroom condominium, sold for $85,000.
Based on information from Northern New England Real Estate Network.
Portsmouth sellers started to get involved in the market again with 27 new single family home listings on the market in October, up 58% from the previous year. The 11 sales and 12 pending contracts reported in October were both almost double the activity a year prior. The average sales price saw a significant increase of 51.2% to $516,085. Homes sold for an average of 6.2% of asking price in just over two months.
48 Ball Street, with 250′ of waterfront on Little Harbour sold for $1,550,000 and 51 Baycliff, with frontage on the Piscataqua River sold for $900,000. Little Harbour saw several sales in October – 1105 South Street, a 3 BR Cape, sold for $507,500 and 28 South Street, a 3 bedroom antique home in the south end, sold for $504,038.
The condominium market in Portsmouth saw the same level of sales activity as a year prior with 12 sales and 7 pending contracts reported. The average sales price was $247,441 with a list price to sales price ratio of 94.26%. The average time on market was nearly five months.
Portsmouth Condominiums Sold in October 2009:
- 107 Union Street Portsmouth sold for $323,000.
- 605 Lincoln Avenue, #2, Portsmouth sold for $320,000.
- 19 Richards Avenue, #3, Portsmouth sold for $315,000.
- 1362 Islington Street, #2, Portsmouth sold for $289,900.
- 57C Albacore Way Portsmouth sold for $279,900.
- 9 Falkland Place, #82, Portsmouth sold for $275,000.
- 273 Maplewood Ave, #110, Portsmouth sold for $272,500.
- 110 Spinnaker Way Portsmouth sold for $252,500.
- 212 C Miller Avenue Portsmouth sold for $227,500.
- 777 Middle Road, #29, Portsmouth sold for $213,000.
- 805 White Cedar Blvd Portsmouth sold for $101,000.
- 510 White Cedar Blvd Portsmouth sold for $100,000.
Based on information from Northern New England Real Estate Network.
Let’s take a moment to see how Portsmouth’s real estate market compares to the same period in 2008. The following statistics are based on the period from January, 1, 2009 through September 30, 2009 and January 1, 2008 to September 30, 2008.
Single family residential listings are a bit off from 2008, which is keeping inventory fairly tight, yet sales volume is down nearly 9% year over year. The average sales price is down nearly 9%.
It is interesting to note that the list price to sales price ratio has remained fairly steady year over year – sellers are receiving roughly 95% of their asking price. Also of note is the shorter average time on market for sold properties.
Nine homes sold in Portsmouth, NH in September, including a Royal Barry Wills Colonial at 1360 South Street that sold for $458,000 and an antique mansard roof brick Victorian at 337 Pleasant Street that sold for $409,020 at auction.
The average sales price of $330,657 eclipsed the average sales price of September 2008 by slim margin of 1.24%. Homes sold for an average of 6.8% of asking price and were on the market for an average of 28 days.
Portsmouth’s condo market was slightly busier than the previous month – there were seven sales recorded with an average sales price of $266,200. The average discount from list price was less than 3%, but the time on market was a longer than normal 149 days. There were 8 pending contracts reported in September. 1177 Sagamore Avenue #1, a new construction 3 bedroom condominium commanded the highest sales price of the month at $569,000.
Based on information from Northern New England Real Estate Network.
