16 Homes Sold In Portsmouth NH In May 2009, Up From 9 Sales Reported in May 2008
June 2nd, 2009by Michael Bean
16 homes sold in Portsmouth in May 2009 with an average sales price of $289,598, which was a 5% discount from last asking price on average. A year ago there were 9 home sales reported with a higher average sales price of $301,036. It is notable that the sales prices of 15 of the 16 sales reported in May were under Rockingham County’s FHA mortgage limit of $523,750. There were 11 pending home sales contracts reported in Portsmouth in May with an average listing price of $359,909.
There are currently 59 homes for sale in Portsmouth, which represents approximately four to six months of inventory.
Homes Sold in Portsmouth – May 2009:
281 Sagamore Avenue, Portsmouth, NH, a 4 BR home, sold for $525,000
536 Marcy, Portsmouth, NH, a 3 BR home, sold for $446,000
202 Dennett St, Portsmouth, NH, a 2 BR home, sold for $400,000
150 Buckminster Way, Portsmouth, NH, a 3 BR home, sold for $396,666
22 Taft, Portsmouth, NH, a 3 BR home, sold for $310,000
33 Cliff Rd, Portsmouth, NH, a 4 BR home, sold for $305,000
77 Burkitt Street, Portsmouth, NH, a 3 BR home, sold for $304,500
181 Grant Ave., Portsmouth, NH, a 3 BR home, sold for $278,500
287 Austin Street, Portsmouth, NH, a 2 BR home, sold for $247,000
1 Garden Street, Portsmouth, NH, a 2 BR home, sold for $235,000
5 Osprey Drive, Portsmouth, NH, a 2 BR home, sold for $228,000
32 Mariette Drive, Portsmouth, NH, a 3 BR home, sold for $219,900
16 Mcdonough St, Portsmouth, NH, a 2 BR home, sold for $199,000
261 Raleigh Way, Portsmouth, NH, a 2 BR home, sold for $195,000
450 Middle Road, Portsmouth, NH, a 2 BR home, sold for $174,000
1483 Islington Street, Portsmouth, NH, a 2 BR home, sold for $170,000
Based on information from the Northern New England Real Estate Network, Inc. for the period May 1, 2009 to May 31, 2009.
Contributed By Michael Bean, Principal Broker, Bean Group
