Exeter NH Homes | Stratham NH Homes - 2008 Market Report Homes Sold
Real Estate is also a topic of great interest for almost everyone, and especially these days. With media outlets continually highlighting their perceptions of the real estate markets across the country, it makes is imperative to consult with a local professional REALTOR to get the real straight facts about your local real estate markets.
Here in the NH Seacoast real estate markets, some of our towns have fared better than the media would have you believe, while other towns haven't fared as well.
Thie market report deals with the Exeter New Hampshire and Stratham NH homes sold and homes that came on the market for sale during the year 2008.
Exeter New Hampshire Homes Activity - 2008:
Stratham NH Homes Activity - 2008:
To read more about the real estate markets in the Seacoast NH and Maine towns:
Seacoast NH and Maine Real Estate Market Reports
Are you thinking about buying or selling homes or condos in the Portsmouth NH area?
Buying Real Estate in the NH Seacoast Areas
Selling Real Estate in the NH Seacoast Areas
Do you want more information on the New Hampshire or Maine real estate market? Have questions about the buying or selling process? Give me a call or send me an email and let's talk real estate!
Ann Cummings, New Hampshire REALTOR
RE/MAX Coast to Coast
Portsmouth NH
ann@anncummings.com
888-349-5678x 3839
Servicing the Coastal Areas of NH & Southern Maine
New Hampshire and Maine Real Estate
Servicing the New Hampshire towns of Portsmouth, Newcastle, Rye, North Hampton, Hampton, Stratham, Exeter, Greenland, Newington, Dover, Durham and surrounding areas, and the Maine towns of Kittery, Kittery Point, Eliot, South Berwick, York, and surrounding areas.
Newcastle NH Homes | Rye NH Homes | North Hampton NH Homes - 2008 Real Estate Market Recap
Real estate markets and the local activity have varied greatly all across the country. All real estate is local, super local, and no matter how hard the medie tries to portray a national real estate market, there really is no such thing.
The various regions of New Hampshire are all quite varied, and even here in the Seacoast areas of NH and southern Maine, real estate activity varies from town to town.
This real estate market report focuses on the NH Seacoast towns of Rye, North Hampton and Newcastle:
New Castle New Hampshire Homes - 2008 Real Estate Market Recap:
During the year (2008), 33 homes came on the market for sale, with an average asking price of $1,221,542. We saw 15 homes sell in New Castle during 2008. Those homes had an average selling price of $1,064,957, and it took an average of 182 days for those homes to sell. Sellers realized, on average, 92% of their last asking price.
Rye New Hampshire Homes - 2008 Real Estate Market Recap:
2008 saw 130 homes in Rye NH come on the market, with an average asking price of $949,368. Seventy Rye homes sold in 2008, and the average sold price was $656,333. The average days on the market for those homes that sold in Rye last year was 136 days, and sellers in Rye received an average of 92% of their last asking prices.
North Hampton New Hampshire Homes - 2008 Real Estate Market Recap:
North Hampton NH homes for sale during 2008 totalled 91 homes, with an averaga asking price of $802,908. We saw only 35 homes in North Hampton sell last year, with an average selling price $726,320. Those homes that sold last year took an average of 202 days, and those sellers received an average of 90% of their last asking price.
To read more about the real estate markets in the Seacoast NH and Maine towns:
Seacoast NH and Maine Real Estate Market Reports
Are you thinking about buying or selling homes or condos in the Portsmouth NH area?
Buying Real Estate in the NH Seacoast Areas
Selling Real Estate in the NH Seacoast Areas
Want more information on the New Hampshire or Maine real estate market? Have questions about the buying or selling process? Give me a call or send me an email and let's talk real estate!
Servicing the New Hampshire towns of Portsmouth, Newcastle, Rye, North Hampton, Hampton, Stratham, Exeter, Greenland, Newington, Dover, Durham and surrounding areas, and the Maine towns of Kittery, Kittery Point, Eliot, South Berwick, York, and surrounding areas.
Portsmouth New Hampshire Real Estate Market Update - December 2008
The real estate market in Portsmouth had ups and downs in 2008. Demand was there, inventory was there in some parts of the market and in other parts it was very lean. Some areas in town have a pent-up demand, such as the Little Harbor area, and others have an over-supply of homes or condos on the market.
Real estate in Portsmouth NH and the surrounding area is always a topic of interest for most people in this area. As the real estate market goes, so goes most other things, it seems.
So, how did Portsmouth NH homes and condos fare in December? Check out the numbers below:
Portsmouth NH Homes - December 2008 Market Recap:
49 homes are currently for sale in Portsmouth
Asking prices range from $163,900 to $1,595,000
Average asking price is $447,715
Average Days on the market - 131 days
5 homes in Portsmouth NH went sale pending/under agreement
Asking prices ranged from $176,500 to $359,000
Average asking price - $285,240
Average Days on the market - 109 days
8 Portsmouth NH homes sold during December 2008
Asking prices ranged from $79,500 to $465,000
Sold prices ranged from $72,000 to $410,000
Average sold price - $284,250
Average Days on the market - 122 days
Average List-to-Sell Ratio - 95%
24 homes in Portsmouth expired from the market during December 2008 without selling.
Portsmouth NH Condos - December 2008 Market Recap:
86 Portsmouth condos currently for sale
Asking prices range from $114,900 to $1,472,000
Average asking price is $438,192
Average Days on the market - 192 days
1 condo in Portsmouth went sale pending/under agreement
Asking price was $399,900
Days on market - 227 days
3 Portsmouth NH condos sold during December 2008
Asking prices ranged from $195,500 to $295,000
Sold prices ranged from $190,000 to $290,000
Average sold price - $235,633
Average Days on the market - 204 days
Average List-to-Sell ratio - 99%
17 condos in Portsmouth NH expired from the market without selling during December 2008.
Portsmouth New Hampshire is a beautiful coastal town, a working port, and has much to offer anyone interested in living here. If you're interested in exploring the real estate market here in Portsmouth, either as buyers or sellers, send me an email or give me a call at 1-888-349-5678 x 3839.
I'd love to help you with your real estate goals!
Related Reading:
Seacoast NH and Maine Real Estate Market Reports
Absorption Rates and Why They're Important to Know
Ann Cummings, New Hampshire REALTOR
RE/MAX Coast to Coast
Portsmouth NH
ann@anncummings.com
888-349-5678x 3839
Servicing the Coastal Areas of NH & Southern Maine
Kittery Maine, Eliot Maine, York Maine - Real Estate Market Recap for Oct - Dec 2008
The Seacoast areas of Maine and New Hampshire real estate markets have been up and down over 2008, with some towns being a little more positive than the previous year. And as with all things, some towns fared better than others, both in New Hampshire and in Maine coastal towns.
Everyone knows someone who's thinking about buying and/or selling real estate, and it's very difficult to try to time the real estate market, no matter where you are. Properties are selling, and those homes and condos that have sold have been priced properly for the market and for the condition of the condo or home.
Setting the correct price for homes and condos is so crucial in a market like the one we're in, and have been in. Buyers are internet-empowered, and they search for real estate and information on-line, many times long before they actually begin to work with an agent to see properties. If your home or condo isn't perceived to be a good value when it's being viewed on-line, you rarely get a chance for those buyers to come see it in person because they've already ruled it out.
Another key component to getting your property sold is the exposure Maine or New Hampshire homes get. The overwhelming number of buyers who begin their search on-line make it vital for you to choose an agent who understands that and utilizes the power of the internet. Buyers come from all over the world, and because of that, Maine homes or condos need that same kind of on-line exposure. Make sure the Maine REALTOR you're considering hiring to represent you and your property as a strong on-line presence. If they do, then they likely understand and use the internet to get the job done for their clients.
For those interested in keeping tabs on the real estate markets in the southeastern Maine towns of Kittery Maine, Eliot Maine, and York Maine, here is the real estate market update for the last quarter of 2008, broken down by town:
Eliot Maine Real Estate - Eliot ME Homes Update - Oct. 1, 2008 - Dec. 31, 2008
13 Eliot homes sold during the last quarter of 2008
Sold prices ranged from $158,000 to $570,000
Asking prices ranged from $179,000 to $615,000
Average days on the market - 163 days
Average list to sell ratio - 95%
51 Eliot Maine homes are currently for sale
Asking prices range from $185,000 to $3,500,000
Average days on market - 200 days
Average asking price $588,489
17 homes expired during the 4th quarter without selling.
Kittery Maine Real Estate - Kittery ME Homes Market Update - Oct. 1, 2008 - Dec. 31, 2008
39 Kittery Maine homes sold during the last quarter of 2008
Sold prices ranged from $95,000 to $674,000
Asking prices ranged from $124,900 to $674,000
Average days on the market - 175 days
Average list to sell ratio - 86%
94 Kittery homes are currently for sale
Asking prices range from $154,900 to $5,295,000
Average days on the market - 229 days
Average asking price - $763,122
22 Kittery homes expired from the market during this time period without selling
York Maine Real Estate - York ME Homes Market Update - Oct. 1, 2008 - Dec. 31, 2008
33 York ME homes sold
Sold prices ranged from $150,000 to $825,000
Asking prices ranged from $149,900 to $1,049,000
Average days on the market - 168 days
Average list to sell ratio - 92%
246 York Maine homes currently for sale
Asking prices range from $127,900 to $3,895,000
Average days on the market - 244 days
Average asking price - $788,812
53 York homes expired from the market during this time frame wtihout selling.
If you're thinking about buying or selling real estate in the southern Maine Seacoast towns - Eliot, York, Kittery, South Berwick - Send me an email or give me a call (1-888-349-5678 x 3839), and let's see how I can be of help to you with your real estate goals!
Related Reading:
Seacoast NH and Maine Real Estate Market Reports
Seacoast NH and Maine Real Estate Market Reports
Absorption Rates and Why They're Important to Know
Servicing the New Hampshire towns of Portsmouth, Newcastle, Rye, North Hampton, Hampton, Stratham, Exeter, Greenland, Newington, Dover, Durham and surrounding areas, and the Maine towns of Kittery, Kittery Point, Eliot, South Berwick, York, and surrounding areas.
New Hampshire Homes Real Estate Update - Newcastle, Greenland, North Hampton - Nov. 2008
The Seacoast areas of New Hampshire and Southern Maine are really very pretty areas, and we have a very diverse real estate market here. Some towns have felt the downward turn in the real estate market more than others, and some have weathered it much better than areas around the country.
We always have a strong demand for NH homes and condos here in the Seacoast because of our location - we're right here along the Atlantic Ocean, and we're 45 minutes north of Boston, 45 minutes east of Manchester, and 45 minutes south of Portland Maine - all great cities with airport transportation for those needing it. We are also just a little over an hour away from mountains for great winter snow skiing and other winter sports.
Here are Seacoast NH real estate updates for the month of November 2008:
Newcastle NH:
Homes for sale --- 12
Average Asking Price --- $1,299,750
Days on Market -- 216 days
New Listings in Nov --- 1
Homes Sold in Nov. --- 2
Average Sold Price -- $2,000,000
Average Days on Market -- 154 days
List to Sell Ratio --- 90%
Homes Sale Pending/Under Agreement --- 1
Average Asking Price --- $585,000
Days on Market -- 158 Days
2 listings expired in November
North Hampton New Hampshire:
Homes for sale --- 54
Average Asking Price --- $686,677
Average Days on Market --- 214 days
New Listings in Nov. ---- 6
Homes Sold in Nov --- 3
Average Sold Price --- $599,967
Average Days on Market --- 262 days
List to Sell Ratio ---- 91%
Homes Sale Pending/Under Agreement in Nov. -- 2
Average Asking Price ---- $467,000
Average Days on Market ---- 381
8 homes expired from the market without selling in North Hampton during November.
Greenland New Hampshire:
Homes for sale --- 28
Average Asking Price --- $481,743
Average Days on the Market --- 147
New Listings in Nov. --- 3
Homes Sold in Nov. --- 3
Average Sold Price --- $273,433
Average Days on the Market --- 64 days
List to Sell Ratio ---97%
Homes Sale Pending/Under Agreement in Nov. --- 3
Average Asking Price --- $354,600
Average Days on the Market --- 104 days
4 homes expired in Greenland without selling during November.
Homes generally expire from the market without selling because they weren't priced properly for the market and/or for the condition that the home or condo was in. Buyers just don't see them as a good value for the money, so they move on to the properties that are price properly.
If you're thinking about selling your home, one very important fact to know about your market is the absorption rate. The absorption rate will tell you how long it will take for the current inventory of homes in Greenland, North Hampton, and New Castle NH to be absorbed by the market if no other homes come on the market. The absorption rate for November 2008 in Newcastle NH was 6 months, North Hampton's absorption rate was 18 months, and for Greenland it was just over 9 months. If you want your home sold, you need to know this number to help you price your home accordingly.
Are you a homeowner in the New Hampshire or Maine Seacoast area you're thinking about seling your home or condo? If so, call me today at 888-349-5678 x 3839, or send me an email at ann@anncummings.com, and let's talk real estate!
Related Reading:
Seacoast New Hampshire Real Estate Market Reports
Absorption Rates and Why They're Important to Know
Servicing homeowners and home buyers in the New Hampshire towns of Portsmouth, Newcastle, Rye, North Hampton, Hampton, Stratham, Exeter, Greenland, Newington, Dover, Durham and surrounding areas, and the Maine towns of Kittery, Kittery Point, Eliot, South Berwick, York, and surrounding areas.
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Let me put my years of experience here in the coastal areas of NH & southern Maine to work for YOU! Servicing the greater Portsmouth, Hampton, Exeter, Dover, NH areas & the southern tip of Maine.
Welcome, and thanks for checking out my site! I LOVE what I do, and that's helping buyers & sellers in the coastal areas of New Hampshire & southeastern Maine. I've been doing so for the last 25+ years, full-time right here, so I've really gotten to know the Portsmouth New Hampshire market thoroughly, and have seen many changes over that time. The one thing that doesn't change, however, is the dream to own one's home. I believe that those who truly want to own their own home should be able to, and that's what I'm all about.....helping those who want their own piece of that dream!!
I grew up in the Air Force, moving all about the country, and having to adapt to the changes each move brought. Because of that, I know first hand what it's like to pick up and move. It's not always easy, nor is it always a move someone really wants. I work hard to ensure each move and home purchase/sale is as smooth and pleasant as it can be. Moving and the home buying/selling process is stressful, and my goal is to take some of that stress away.
To make sure I continually offer the best real estate service I can, I always make it a point to attend educational sessions, and I'm very active in the REALTOR organization. I've earned several designations and certifications through my on-going education: GRI (Graduate REALTORS Institute-a comprehensive educational program that provides additional education above that needed to earn a real estate license); CBR (Certified Buyer Representative-this is a comprehensive training course with extensive education regarding representation of buyers in the home-buying process); REALTOR (member of the National Association of REALTORS - subscribing to a strict Code of Ethics in all real estate dealings); e-PRO (training course that provides extensive educational on working with internet-empowered consumers). I'm presently working on several others as well.
Within the REALTOR organization, I've been very active, and I work very hard to promote what we, as REALTORS, stand for......the protection of private property rights and the right to enjoy it. I serve on various committees on my local level, as well as at the state level and the national level. I've served as President of the NH Association of REALTORS, and I've been given the great honor of being chosen "State REALTOR of the Year" for the NH Association of REALTORS.
I LOVE what I do, both for buyers & sellers, and for REALTORS throughout my organization! 
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My professional concentration is on residential real estate - single family homes, condos, mobile homes & manufactured homes, multi-family homes, and land - and I focus primarily on the coastal area of New Hampshire (Portsmouth, Rye, Hampton, Exeter, Stratham, Greenland, Dover, Durham, Rochester & surrounding areas) and the southeastern corner of Maine (Kittery, Eliot, York, South Berwick, Berwick, North Berwick, and surrounding areas). I'm a licensed Broker in both New Hampshire and Maine, and I've been licensed since 1981.
My goal is to help educate each of my clients - buyers & sellers - on the New Hampshire & Maine real estate market and on what's needed to help them achieve their real estate goals, whether buying or selling. The price ranges in my market can run from $100,000 to $12,000,000, and I work hard to help each client make the best and most-informed decision they can about their real estate purchase or sale.
I'm a big proponent of using today's technology to make the process the best it can be for all involved. I have an abundance of area information on my websites, and I encourage you to visit them for all kinds of helpful and useful information. www.AnnCummings.com and www.PortsmouthNewHampshireHomes.com will provide you with great information to help you learn about this wonderful area I love calling HOME!! And while you're visiting my websites, be sure to check out properties available throughout NH & Maine, as well as parts of Vermont and Massachusetts. Let me know how I can be of assistance to you with your real estate needs! I'm here to help YOU!!
With me on your side, you get FULL-TIME professional service with a personal touch....."Service with a Smile" ;-))
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"Ann, I just wanted to thank you for all your hard work on selling my condo! You are TOP NOTCH, and I will continue to refer you. I know you love your job as the passion radiates around you! I felt very lucky to have you on my side. Thank you from the bottom of my heart! Kim Z., Newmarket/Exeter
"EVERYTHING went so smoothly during our sale! We just had some champagne and toasted to how happy we are now and will be for years to come. Thank you SO much for everything you did! You have made this such a great experience for both of us. We would love to have you and your fiance' over for dinner once we are unpacked." Sara & Phelps, South Berwick
"Thanks again for all the help, support, advice, and guidance you've provided over the past six (!) months This was a massive undertaking for me, and I count myself very lucky that I happened to hook up with someone who offers so much professionalism and experience, not to mention patience." Barb
"I just wanted to thank you for ALL of your help in finding me my new home! I am absolutely loving it!! Thanks so much for everything!!! " Audrey, Greenland
"Ann, thanks for your honest, straight-forward, professional service. It was refreshing and greatly appreciated!" Jo S., Dover
"Jen and I would like to thank you for making this process such a pleasant one! We both enjoyed and appreciated your company and professional advice. We are very pleased with our purchase and look forward to working with you again in the near future. Thank you again!!" Andy & Jen, Japan
"Thank you so much for ALL your help and for the time you spent with me looking for a house! I appreciate all that you did for me, and when I am ready again, it would be an honor to have you as my real estate agent again!" Fadi, Durham
"Dear Ann--what a gorgeous plant! I can't thank you enough for it, but mostly I thank you for making my dream come true!! I LOVE this house & it's wonderful "bones". Thank you for such a smooth transition when you sold my condo and then found me this house! You do such a great job, and I wish you all the very best!! I wouldn't think of using any other agent but YOU!!! " Pam, Kittery
"Thank you SO MUCH for making our homebuying process as smooth as possible. We appreciate the time and attention you've given to our questions and concerns, whether it was by email or phone. We'd certainly recommend you to our friends and family. And when it comes time, we'll definitely be repeat customers!!" Cory & Amy, Portsmouth
"Thank you for helping Liz and I buy this wonderful home! Every day we come home, it feels FANTASTIC!! Thank you so much!! You'll be the first person we recommend to anyone if they are looking for a home to buy or sell." George & Liz, Brentwood
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