New Hampshire and Maine Homes and Condos

Rye, New Castle, North Hampton - Real Estate Market Report Updates for Sept 2008

The Seacoast areas of New Hampshire are really some of the prettiest towns you could want to live in.  And the towns of Rye, Newcastle, and North Hampton are no exception to that statement.  Our coastline here in NH is the smallest in America, and it's also among the most scenic as well.  Those of us who live here just love it, however small it is!

Real estate in this area always has a constant demand because of our location, and not just because we're along the Atlantic Ocean.  We are within an easy driving distance to Boston, Portland Maine, and Manchester NH - all less than an hour to get to.  The NH mountains for skiing and beautiful scenery are just an easy drive as well.  We have loads of great dining, shopping, golfing, scenic rides, and so much more that just all come together to make this area a wonderful place to call HOME!!

Here are the real estate updates for the month of September 2008:

New Castle NH:

• -- We currently have 18 homes for sale in Newcastle, with an average asking price of $1,318,444, and an average days on the market of 265 days.
• -- During September, 1 home went under agreement/sale pending, and that home had an asking price of $1,050,000.  It had been on the market 166 days.
• -- September brought just 1 closed sale/sold, and that house sold for $1,082,357.  The asking price on that house had been $1,190,000, and it took 738 days to sell that house.

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Real Estate Market Update for Portsmouth New Hampshire Condos - September 2008

Real estate is local, VERY local!  The condo market in Portsmouth NH can be very different than the condo market in Hampton or Exeter or Dover, etc.  Make sure, when making assessments about your local real estate market, that you talk to an agent who really knows your market and can provide you with accurate detailed information.

Real estate is always one of the topics of conversation wherever we go, and who isn't interested in real estate and how markets are doing!  There's always someone looking to buy a home, sell a home, or they know someone thinking about buying or selling real estate of some sort.

Homebuyers and home sellers in Portsmouth NH are no different, and I get asked about the New Hampshire real estate market all the time.  I love real estate, and helping people buy and sell homes and condos, so I never tire of real estate conversations!

Here's how the Portsmouth NH condo real estate market has done for the month of September 2008:

• • --  We currently have 111 condos for sale in Portsmouth, with the average asking price being $445,315.  The average days on the market for those condos is 140 days.  Nineteen new listings for Portsmouth condos came on the market during September.
  
  
• • --  During September, we had just 5 condos go under agreement/sale pending.  The average asking price of those condos was $441,160, and the average days on the market was 85 days.
  
  
• • --  The number of Portsmouth NH condos that sold during September was 11 condos, and the average days on the market for those condos that sold was 95 days.  The average sold price was $251,036.  Sellers received, on average, 96% of their last asking price.
  
  

• --  During the month of September, we saw the listings on 11 Portsmouth condos expire without selling.  Typically properties don't sell because they're just not priced properly to reflect the current market conditions - and that's the reason most of these condos didn't sell as yet.

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Real Estate Market Update for Portsmouth New Hampshire - September 2008

Wherever we go, real estate is always one of the topics of conversation, and who isn't interested in real estate and how markets are doing!  There's always someone looking to buy a home, sell a home, or they know someone thinking about buying or selling real estate of some sort.

Homebuyers and home sellers in Portsmouth NH are no different, and I get asked about the New Hampshire real estate market all the time.  I love real estate, and helping people buy and sell homes and condos, so I never tire of real estate conversations!

Here is how the real estate market here in Portsmouth did for the month of September 2008:

--  We currently have 82 homes listed for sale through the Multiple Listing System (MLS), with the average asking price being $369,450.  There were 23 new listings on homes that came on the market for sale during the month of September.  The average days on the market for these homes for sale is 114 days.

--  During September, we had 12 Portsmouth NH homes go under agreement or sale pending.  The average asking price of those sale pending homes was $340,708, and the average days on the market for those homes was 57 days.

• --  We had 17 homes in Portsmouth sell during September, and the average sold price of those homes was $322,053.  The average days on the market for those sold homes was 114 days.  Sellers, on average, received 94% of their last asking price.        

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      Selling Tips for Homeowners in Portsmouth New Hampshire

If you're thinking about selling your home or condo in Portsmouth NH, what a great season to help enhance the beauty of your home! 

Fall colors and scents are glorious here in New Hampshire and Maine.  Embrace them and use them to help showcase your condo or home to potential Portsmouth homebuyers.

Fall here in the Seacoast is just gorgeous, and these tips will help you incorporate that beauty into your Portsmouth NH home to help potential buyers see that beauty as well!

Some of these tips are common sense, and some add a really nice welcoming feeling to potential buyers and their agents, and they all offer homeowners easy things to think about doing if their home is for sale.

--   "Curb Appeal" - never forget to think about those all-important 'first impressions'.  With the gorgeous colors of fall leaves, this can add to a home's already existing appeal, however all those leaves laying around on the ground certainly don't.  Clean them up!!

--   "Celebrate the Season" - this is one that I have to admit I wouldn't have given much thought to.  Embrace the fall and have fall decorating items--hang a nice fall wreath, arrange some pumpkins & corn stalks - what a nice way to greet people at the front door.  Nothing says 'welcome' like a nice display of seasonal things at the entry of a home!                           

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