Portsmouth NH Real Estate Market Shows Signs Of Life With Sales Up 62.5% In April

Michael BeanMay 5th, 2008
by Michael Bean

Portsmouth, New Hampshire Real Estate Market Report
Single Family Homes – April 2008

13 homes sold in Portsmouth, NH in April, up 62.5% from April 2007. The average sales price was $431,750 which was 95.5% of the asking price. Homes that sold were on the market an average of 153 days. There were 11 pending sales reported in Portsmouth in April (down from 16 pending sales in April 2007) with an average listing price of $427,991.

82 Austin St, Portsmouth NH 03801, 3BR, 1BA on 0.1 acres sold for $290,000
5 Truman Place, Portsmouth NH 03801, 3BR, 1BA on 0.22 acres sold for $295,850
7 Mcdonough St, Portsmouth NH 03801, 3BR, 1BA on 0 acres sold for $310,000
169 Madison St., Portsmouth NH 03801, 3BR, 1BA on 0.08 acres sold for $330,000
35 Mariette Dr, Portsmouth NH 03801, 4BR, 1BA on 0.76 acres sold for $330,000
492 Union, Portsmouth NH 03801, 3BR, 1BA on 0 acres sold for $382,500
545 FW Hartford, Portsmouth NH 03801, 4BR, 2.5BA on 0.63 acres sold for $405,000
75 Humphreys Ct, Portsmouth NH 03801, 4BR, 2BA on 0.26 acres sold for $408,000
305 Grant Ave, Portsmouth NH 03801, 3BR, 1.5BA on 0.79 acres sold for $419,900
50 Willard Ave, Portsmouth NH 03801, 4BR, 1BA on 0.14 acres sold for $477,000
700 South St, Portsmouth NH 03801, 3BR, 1.5BA on 0.28 acres sold for $495,000
167 Lincoln Ave., Portsmouth NH 03801, 4BR, 2BA on 0.14 acres sold for $534,500
69 Richards Ave, Portsmouth NH 03801, 6BR, 5.5BA on 0.2 acres sold for $935,000

There are currently 75 homes for sale in Portsmouth, NH. The average listing price is $539,582 and the average time on market is 103 days. In April there were a total of 35 new listings in Portsmouth with an average price of $433,449.

Based on information from the Northern New England Real Estate Network, Inc. for the period April 1, 2008 to April 30, 2008.

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