Portsmouth NH - June 2007
Condominium and Town Home Market Report
19 Condos units went on the market in June with an average asking price of $283,900. Condos ended up being slightly more popular than single family homes in June. The June market saw 25 condos under agreement to sell with an average listing price of $368,812 - in the same period 19 single family homes went under agreement.
The average selling price of the 20 condos that closed was $229,126 which was an average of 2.9% less than the listing price. Days on market continued to hover around the five month level at 156 DOM. Sales were spread around Portsmouth with six sales at the Cedars, three at Springbrook, two at Nobles Island and one at Tidewatch that represented the the high end sale at $429,000.
Based on information from the Northern New England Real Estate Network, Inc. for the period June 1, 2007 to June 30, 2007.
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