Spring Begins In Portsmouth – March Home Sales Report
April 12th, 2009by Michael Bean
Home sales were up slightly in Portsmouth during the month of March with eight sales reported, which was up slightly from last March. Pending sales were right on par with 2008 numbers with nine new sales contracts reported.
Portsmouth’s average sales price for single family homes was $332,875. The discount from list price to sell price stayed in the single digits with sold homes coming in at an average of 93% of the last listing price.
There are currently 52 homes for sale in Portsmouth. The average listing price is $504,083, with an average of 122 days on market. 19 homes were listed for sale in Portsmouth with an average asking price of $493,516. Homes in Portsmouth currently range in price from $179,900 for a 1BR/1BA ranch to a 6BR Georgian for $2,250,000.
Eight Homes Sold In Portsmouth in March 2009:
623 Dennett Street, Portsmouth, NH, a 5 BR home, sold for $202,500
143 Holly Lane, Portsmouth, NH, a 3 BR home, sold for $225,000
110 Hillcrest Dr., Portsmouth, NH, a 2 BR home, sold for $265,000
30 Sewall Road, Portsmouth, NH, a 3 BR home, sold for $312,500
339 Wibird Street, Portsmouth, NH, a 3 BR home, sold for $340,000
475 Dennett Street, Portsmouth, NH, a 3 BR home, sold for $408,000
244 New Castle Ave, Portsmouth, NH, a 2 BR home, sold for $410,000
56 Dennett St, Portsmouth, NH, a 3 BR home, sold for $500,000
Based on information from the Northern New England Real Estate Network, Inc. for the period March 1, 2009 to March 31, 2009.
Contributed By Michael Bean, Principal Broker, Bean Group
