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Portsmouth NH Homes Condos - Ann Cummings New Hampshire REALTOR®

Portsmouth NH Homes and Condos Real Estate Market Update - September 2008

Portsmouth NH Real Estate Market Update - September 2008

Portsmouth NH Homes For Sale - Copyright Ann Cummings NH REALTOR 2008

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

Home sellers and home buyers 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.

  • During the month of September, we saw the listings on 9 homes in Portsmouth expire without selling. Most likely these listings didn't sell because of price - not being priced correctly for the current market, and buyers not seeing those homes as being a good value for the asking price.

The numbers above are showing us an absorption rate for homes in Portsmouth NH to be just under 5 months. The absorption rate tells us how long it would take to absorb the current inventory of homes for sale in Portsmouth NH if no other homes came on the market for sale. This month's absorption rate has improved over August's absorption rate for Portsmouth NH homes.


Thinking about making Portsmouth New Hampshire your home
? Call me today at 888-349-5678 x 3839, or send me an email at ann@anncummings.com, and let's talk real estate!

Portsmouth NH Boating in Piscataqua River - Ann Cummings Copyright 2008 Portsmouth NH Tuboat - Ann Cummings Copyright 2008

Related Reading:

Seacoast New Hampshire Real Estate Market Reports
Absorption Rates and Why They're Important to Know

  • Pricing Your Portsmouth NH Homes and Condos Correctly for Todays Market
  • Pricing Your Home To Sell
  • Search New Hampshire and Maine Homes Condos For Sale Portsmouth NH Area Real Estate Market Reports
    Contact Ann Cummings New Hampshire REALTORFeatured ListingsRead My Newsletter




    RE/MAX New Hampshire


    Ann Cummings, New Hampshire REALTOR
    RE/MAX Coast to Coast
    Portsmouth NH
    ann@anncummings.com
    888-349-5678 x 3839
    Servicing the Coastal Areas of NH & Southern Maine



    Ann Cummings New Hampshire REALTOR

    5 Fall Selling Tips for Portsmouth NH Homes and Condos

    Portsmouth NH Fall Foliage - Ann Cummings Copyright 2008
    Thinking about selling your home or condo in Portsmouth NH? If so, this is 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 put them to use 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!

    Portsmouth NH Fall Mums and Pumpkins - Ann Cummings Copyright 2008

    -- "Let the Light In" - oh how important this one is!! If you have heavy curtains or drapes, open them up and let the sun shine in!! Turn on lamps and make your home exude a warmth and welcome for showings.

    -- "Your Fireplace" - if you have a fireplace, this is a lovely time of year to show it off. Place a log or two in the fireplace, or if you have a gas fireplace, flick the switch and have a nice fire burning/glowing to welcome potential homebuyers. You can place a nice candle holder in the fireplace that holds several candles. What a great way to say welcome to those looking at your home or condo!

    -- "Scents of the Season" - the sense of smell is the strongest sense to appeal to. Most people are greatly enticed by the scents of cinnamon and apples. Bake a fresh apple pie and/or cinnamon cookies - what a great way to welcome potential homebuyers! Leave a plate of these fresh-baked goodies with a note to have buyers enjoy a treat while viewing your home - a very nice touch that they won't forget.

    Fall Scarecrow Display - Ann Cummings Copyright 2008
    These tips were inspired by an article in Realty Times written by Michele Dawson. They are just as timely today as when they were written several years ago. To read the full article and see more tips, click here....



    If you're thinking about selling your Portsmouth NH home or condo, give me a call! We can set up a time to meet and discuss the current Portsmouth area real estate market and ways to get your home S-O-L-D! Call me today at 888-349-5678 x 3839, or send me an email at ann@anncummings.com, and let's talk real estate!

    Search New Hampshire and Maine Homes Condos For Sale Portsmouth NH Area Real Estate Market Reports
    Contact Ann Cummings New Hampshire REALTORFeatured ListingsRead My Newsletter

    Ann Cummings, New Hampshire REALTOR
    RE/MAX Coast to Coast
    Portsmouth NH
    ann@anncummings.com
    888-349-5678 x 3839
    Servicing the Coastal Areas of NH & Southern Maine REALTOR



    Ann Cummings New Hampshire REALTOR

    New Hampshire Seafood Lovers - A Festival Just for YOU!!

    Hampton Beach - Lobster Tails and Clam Friters from Rays

    Hampton Beach NH has a yearly Seafood Festival, and the first weekend in September each year is everyone's opportunity to fill ourselves full of all kinds of fabulous food from over 50 local area restaurants.  Talk about yummy - every single morsel I indulged in was absolutely scrumptious!

    Living in New Hampshire, and New England in general, affords those of us fortunate enough to call this part of the country home countless places to indulge in some of the finest seafood in the world. 

    And once a year, you get to meander from food booth to food booth dining on every kind of local seafood all in one place!  How cool is that?!?!?!?


    Welcome to Hampton Beach NH
    I must admit, in all the years I've lived here in Portsmouth NH, I have never been down to the Hampton Beach Seafood Festival until this year.  And now I know what I've been missing all these years! 


    This is the 19th Annual Seafood Festival, and it just keeps getting better and better from what I can heaing.  It's so good and such a great family event that it has been named "One of the Top 100 Events in America" for a number of years.  And now that I've been myself, I can see why the festival continues to receive that recognition!


    I went on opening day with good friends Jay and Monika McGillicuddy and another great friend of ours, and we had a great time trying as much seafood as we could.  Some of what we sampled, and loved, were lobster rolls, fried clams, sauteed lobster tails on a stick, grilled shrimp on a stick, grilled swordfish on a stick, fried onion rings, coconut shrimp, steamed lobster and corn-on-the-cob, chowder, ice cream, and some beverages of course.   The really great thing about this festival is that you can dine on all this great seafood at less than half the price you'd have to pay if you ate in the restaurants that have the food booths.  It doesn't get any better than that, that's for sure! 

       Seafood Festival - Petey's Restaurant   Hampton Beach - Take Your Pick For Seafood

    In addition to the yummiest seafood you can imagine, there's also a variety of bands playing throughout the weekend, arts and crafts booths, and fireworks, as well as great sidewalk sales in front of all the shops along the Hampton Beach Boardwalk area.

    Hampton Beach Seafood Festival - Clam and Lobster Chowder

    Not a seafood lover?  Not to worry, you can also find chicken, hot dogs, chinese food, ribs, and other food not from the sea.  That all looked delicious as well.

    Hampton Beach - Delicious Lobster Rolls




    For those of us who live here in the NH Seacoast area, we get all kinds of great fun events like this to take part in all year long.  Just one of the many perks and benefits of calling this great area HOME!!

     



    Have you been dreaming of living by the ocean?  Hampton Beach NH has been named one of the top 3 cleanest beaches in America.  Watch this video by MSNBC --->  America's Beaches - Hampton Beach awarded FIVE stars for being the cleanest in the country!

     

    Are you thinking about buying a home or condo in the Seacoast New Hampshire Maine area?  Call me today at     603-431-1111     x 3839, or  send me an email, and let's talk real estate!  I'd love to help you achieve your dream of living along the coast.....

     
             Search New Hampshire and Maine Homes Condos For Sale   Portsmouth NH Area Real Estate Market Reports
    Contact Ann Cummings New Hampshire REALTORFeatured ListingsRead My Newsletter   

    RE/MAX New Hampshire

                                      
      Ann Cummings, New Hampshire REALTOR
      RE/MAX Coast to Coast
      Portsmouth NH
      ann@anncummings.com
          888-349-5678     x 3839
      Servicing the Coastal Areas of NH & Southern Maine                    REALTOR



                                         Ann Cummings New Hampshire REALTOR

     

    Portsmouth NH - An Early Morning Walk


    Portsmouth NH - Early Morning Views From the Sidewalks Around Town
    Portsmouth NH Welcome Sign - Ann Cummings

    Portsmouth New Hampshire
    is such an awesome town to live in, and to visit as well. We have all kinds of things to do here for everyone and we're a beautiful port city full of history. Portsmouth was settled in 1623 after all, so it would be natural to have living history all around us here, and we do.


    Our neighborhoods are full of beautiful homes, both old and new, many with wonderful welcoming porches, and sidewalks to take you wherever you want. Beautiful old trees line many of our streets, friendly greetings from residents, bright and colorful gardens everywhere you look - a fabulous place to call home.



    This morning I decided to go for an early morning walk. The air was crisp and dry, the sun was shining, and walking daily is something I'd been telling myself to start doing for a long time now. Today, I did just that.

    Portsmouth NH Cape Style Home - Ann Cummings 2007
    I walked along Sagamore Avenue, Broad Street, Merrimac Street, Miller Avenue, Middle Street, Court Street, Rogers Street, Richards Avenue, South Street, and various other Little Harbor neighboring streets. As I was walking along these streets, I got wonderful glimpses of lots of beautiful pocket gardens that you just can't see from the car.

    I saw homes with a different perspective than I've had all this time when driving by them. Beautiful old New Englanders, Colonials, Victorians, Capes, and more - all with a history behind each one of them. I even walked past the only on-going 'farm' in Portsmouth.


    Having taken this walk this morning, I realize there's so much more to this wonderful town I call home. You just don't see from a car what you can see on foot. If you haven't walked around your own town or neighborhood in awhile, get out and take a walk. You'll be surprised at the sights you'll see and enjoy that you've been missing all this time.

    Homes in Portsmouth NH - Ann Cummings 2008

    What a wonderful town Portsmouth is, and how fortunate I am to be able to live here and call the "Port City" of Portsmouth New Hampshire home.


    I love living here, and if you're interested in making Portsmouth your new home, I'd love to show off all her attributes and to help you find your special home here. You'll love it here as much as I do!

    Come to visit - come to STAY because you'll want to make Portsmouth New Hampshire YOUR home!

    Once you're here, this area just makes you fall in love with it, and this just helps to make my job that much more enjoyable!

    Are you thinking about making Portsmouth New Hampshire your home? Call me today at 603-431-1111 x 3839, or send me an email, and let's talk real estate!


    Search New Hampshire and Maine Homes Condos For Sale Portsmouth NH Area Real Estate Market Reports
    Contact Ann Cummings New Hampshire REALTORFeatured ListingsRead My Newsletter

    RE/MAX New Hampshire


    Ann Cummings, New Hampshire REALTOR
    RE/MAX Coast to Coast
    Portsmouth NH
    ann@anncummings.com
    888-349-5678 x 3839
    Servicing the Coastal Areas of NH & Southern Maine REALTOR



    Ann Cummings New Hampshire REALTOR

    Portsmouth New Hampshire - Along the Waterfront

    Prescott Park - Portsmouth NH Waterfront
    Living here in Portsmouth NH is really terrific! We live along the beautiful 17 mile coast of the Atlantic Oceen, we have bodies of water all around us, our great highways can get us into Boston or Portland Maine in under an hour, the mountains are a quick drive away, and we have all kinds of things to do right here in the "Port City" of Portsmouth!

    One of the things that the local residents and visitors alike love is our park along the waterfront - Prescott Park. The flowers and plants here are simply beyond description, and must be seen in person to fully appreciate just how beautiful they are. What a gorgeous place to while away the time with friends and family, or simply for some time by yourself among wonderful surroundings.

    Prescott Park Portsmouth NH - Outdoor Theater Stage


    Another part of Prescott Park is the outdoor theater area. All summer long, we get to enjoy plays, concerts, art shows, children's festivities, food cookoffs, and much more.

    Pack a picnic basket, bring some chairs, lay down some blankets to sit, and enjoy the great offerings those who call Portsmouth NH home have the great pleasure to enjoy on a daily basis each summer.



    If you're thinking about making Portsmouth NH your home, or if you're looking for a vacation home or second home, we've got plenty of real estate housing choices - from wonderful homes in a variety of price ranges to condos of all types and price ranges as well. Looking for income property? We offer some great options for that type of Portsmouth real estate as well.

    Flower Gardens of Prescott Park - Portsmouth NH Prescott Park Gardens and Fountain - Portsmouth NH

    Prescott Park Fountains - Portsmouth NH

    Portsmouth New Hampshire is just an AWESOME place to call HOME!!

    Are you looking to buy condos or homes in the Portsmouth New Hampshire area?
    If so,
    send me an email or give me a call - I'd love to help you find just the right home for you!

    To view other local Seacoast Scenes, check out these posts:


    Search Homes Condos For Sale Portsmouth NH Area Real Estate Market Reports

    Contact Ann Cummings New Hampshire REALTOR Featured Listings Read My Newsletter



    RE/MAX New Hampshire


    Ann Cummings, New Hampshire and Maine REALTOR
    RE/MAX Coast to Coast
    Portsmouth NH
    ann@anncummings.com
    888-349-5678 x 3839
    Servicing the Coastal Areas of NH & Southern Maine REALTOR



    Ann Cummings New Hampshire REALTOR