Portsmouth NH Condo Market Report thru 2010

Portsmounth NH Condo Market Report

Portsmouth NH Condos have shown increases in both median sales prices as well as average sales prices. This is remarkable when compared to many other towns and cities in the granite state. Units sold is on the rise as 66 condos sold in 2010 is through 06/30/2010. Portsmouth NH is on pace for 132 units sold for year 2010. The indicators are all positive as we are at the mid point of 2010. Buyer incentives like historically low interest rates and a tax credit through 06-30-2010 have certainly helped. 3rd and 4th quarter of 2010 should tell us much more about the impact of the tax credit.

Please note that in 2010 66 Condos have sold through 06-30-2010,

on pace for 132 for the year.

(Source for this information is NNEREN)