Twelve Home Sales Closed In Portsmouth In April, With Another Dozen Pending Sales Reported
May 17th, 2009by Michael Bean
There were a total of 20 homes listed for sale in Portsmouth during the month of April with an average listing price of $694,780. There are currently a total of 52 homes for sale in Portsmouth, which is approximately a four and a half month supply of inventory.
Twelve homes sold in Portsmouth in April with sale prices ranging from $168,000 to $560,500 for a home in the Woodlands. As a point of comparison there were thirteen sales in April 2008. The average selling price in April was $333,750, which was a slight discount from the average listing price of $342,792. The average time on market was 158 days. There were a total of 12 pending home sales contracts reported in April, and it is notable the average days on market for the pending sales was down to 67 days. It is also notable that the average pending sale price reported was $343,211.
Homes Sold in Portsmouth, New Hampshire in April 2009:
74 Wentworth House Road, Portsmouth, NH, a 2 BR home, sold for $168,000
180 Kearsarge Way, Portsmouth, NH, a 2 BR home, sold for $219,000
117 Cass Street, Portsmouth, NH, a 3 BR home, sold for $275,500
31 Taft Road, Portsmouth, NH, a 2 BR home, sold for $284,000
50 Swett, Portsmouth, NH, a 3 BR home, sold for $287,000
248 Peverly Hill Road, Unit # 1, Portsmouth, NH, a 3 BR home, sold for $270,000
25 Woodworth Avenue, Portsmouth, NH, a 3 BR home, sold for $320,000
445 #10 Ocean Road, Portsmouth, NH, a 2 BR home, sold for $315,000
126 Burkitt Street, Portsmouth, NH, a 3 BR home, sold for $390,000
639 Middle Road, Portsmouth, NH, a 4 BR home, sold for $416,000
252 Wibird Street, Portsmouth, NH, a 3 BR home, sold for $500,000
310 F W Hartford Drive, Portsmouth, NH, a 4 BR home, sold for $560,500
Based on information from the Northern New England Real Estate Network, Inc. for the period April 1, 2009 to April 30, 2009.
Contributed By Michael Bean, Principal Broker, Bean Group
