Portsmouth NH Real Estate Agent - Rebecca Skane, Realtor®, e-PRO®

The Bow Street Fair will be this weekend in Portsmouth, July 18th and 19th, a beautiful Arts and crafts celebration benefiting the Seacoast Repertory Theatre. You can have your own booth set up for $200 (visit the Bow Street Fair link for the application), but if you are like me you will be just as thrilled to take your family on a stroll through the booths and the people.

This is a great way to support the arts in our community, and enjoy the weekend as well!

Waterfront Homes in Portsmouth NH

Residential - Single Family Homes

I have not done a market report in a while because of the season, I have been very busy. In my last reports, I had been combining single family homes, condos and mobiles and in hindsight, I should not have been lumping them together since the prices on each particular type of property vary too much. Going forward, I will focus on single family homes as an economic indicator.

PORTSMOUTH

This first graph shows an intense monthly flux in the average sale price for a home in Portsmouth. The average price increased nearly $100k from May to June. And the good news is that the difference is much less from the same time last year.

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ROCKINGHAM COUNTY

In all of Rockingham County we see a very similar graph position as in Portsmouth. We see a rise from the month before, and not far away from this time last year. The big difference is that the prices are still higher in Portsmouth as compared to the rest of Rockingham, as expected.

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Units Sold - Portsmouth

There were 17 homes sold in Portsmouth in June, up only one from last month, and only three away from this time last year. Not bad. You would think (after watching your daily dose of unhealthy news on CNN) that perhaps only one or two homes are being sold - state wide - but the truth is that homes are still being sold. People are still buying, just as they have been. But prices are much lower, thanks to our over abundance of foreclosures and short sales!

Please visit my site to see the full NH Market Report for June 2009

Have you ever wondered? I made a few lists which will be automatically updated on a daily basis. These lists are the most expensive and least expensive of Seacoast NH, only the coastal towns themselves: Seabrook, Hampton, North Hampton, Rye, New Castle and Portsmouth.

The Most Expensive Homes in Seacoast NH - Valued at $2.5MM or higher.

The Most Expensive Condos in Seacoast NH - Valued at $800k or higher.

The Least Expensive Homes in Seacoast NH - Valued at $100k or lower.

The Least Expensive Condos in Seacoast NH - valued at $90k or lower.

Enjoy!

Luxury Homes in Hampton NH

I was the seller's agent for this property. This is a mobile home on deeded/owned land and because owner's listened to me, I was able to list this property at very fair value, and because of that it became a multiple offer situation. This home was under contract in only TWO DAYS. Let me do the same for you and call today!

Seabrook NH Real Estate

17 Miles.

NH has 17 miles of coastline along the Atlantic. That makes New Hampshire the state with the smallest amount of coastline out of all of the States bordering Oceans or the Gulf of Mexico. That also makes our coastline a very, very precious resource to all New Hampshire residents.

People wonder why the prices in this area of Seacoast NH are still on the high side. The main reason? Because the land is so precious and there isn't much of it. The land from Seabrook, NH (the southern most point of Seacoast NH) up the coast to Portsmouth, NH (the northern most point of Seacoast NH), has been filled. Almost every square inch is taken. There is no more room to build, unless you take down older homes and build again, or divide lots.

On top of the land limitations, we have conservation areas along the coast, to protect our natural wetlands, salt marshes, beaches and bird species. Any further encroachment on these areas is impossible, thanks to conservation efforts implemented by the State and even Federal government.

The market has affected our small 17 miles, just as it has done everywhere else. But the effects here are limited. Limited by people's desire be on these 17 miles of coastline, and the amount of land we have available!

Portsmouth NH Real Estate