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The Portsmouth NH real estate market is chugging right along. Along with our photographic waterfront, Portsmouth NH features a multitude of restaurants, cultural events, theater and family events. Portsmouth is a destination spot for tourists and locals alike.

 Currently there are 68 Single Family Homes for sale with 11 under contract. A total of 108 homes have sold this year giving us an absorption rate of 10.8 months. This puts Portsmouth in a strong buyer’s market.

To calculate absorption rate you divide the number of homes currently on the market by  the average number of homes sold per month. This tells you how long it would be to sell all the homes currently for sale. Less than 6 months is a seller’s market and more than 6 months indicates a buyer’s market.

This is a once in a lifetime opportunity to establish your home base in historic Portsmouth NH. Home prices for sale range from 4,900 to .5M. There is a wide variety of housing stock in this seaport town. There is also a strong condominium market with dizzying choice of styles, amenities and prices. Portsmouth NH is in a class by herself, with upscale shops, world class area hospitals, gourmet dining, and a fine arts community.

Let me know when you are ready to start looking for a home in Portsmouth NH. The Real Estate Seacoast Team can start you off with receiving complete listing information in real time via email saldrich@kw.com

 Secoast Sold Report 2009

Portsmouth, NH 2009
Total Sold
Avg. Sale Price
Avg. Days on Market

January
6 
3,250 
142 

February
3 
0,500 
171 

March
8 
2,875 
104 

April
11 
5,445 
156 

May
16 
9,598 
100 

June
17 
4,003 
79 

July
9 
5,444 
142 

August
17 
4,471 
49 

September
9 
0,658 
50 

October
12 
9,995 
89 

November
 
 
 

December
 
 
 

Total
 
 
 

All information deemed reliable and collected from the Northern New England Real Estate Network for the time period listed.

To view market updates on single family home sales for the following towns simply register here with the Seacoast Sold Report 2009.

In alphabetical order - Berwick ME, Brentwood NH, Dover NH, Durham NH, Eliot ME, Exeter NH, Farmington NH, Greenland NH, Hampton NH, Kittery ME,  Lee NH, Madbury NH, New Castle NH, Newfields NH, Newington NH, Newmarket NH, North Berwick ME, North Hampton NH, Northwood NH, Nottingham NH, Ogunquit ME, Portsmouth NH, Rochester NH, Rollinsford NH, Rye NH, Somersworth NH, South Berwick ME, Stratham NH, Wells ME, York ME