30 Condominiums Put On The Market In September

Portsmouth NH - September 2007
Condominium and Town Home Market Report

Over $10 Million of condominium inventory went up for sale in September. There were 30 listings that came to market at an average asking price of $353,087.

There were 11 properties that reached an agreement for sale with an average listing price of $413,009 (up from average listing price of $338K in August).

The average selling price of the 17 condos that closed was $343,829 which was 95.5% of asking price. Selling price was up from August when the sales price averaged $305,179.

A waterfront townhouse overlooking the Piscataqua River at Harbour Place set the high water mark selling for $800,000. A three bedroom luxury townhouse in Downtown Portsmouth nipped at that price when it sold for $795,000.

Based on information from the Northern New England Real Estate Network, Inc. for the period September 1, 2007 to September 30, 2007.