In Downtown Portsmouth New Construction Condos Continue To Sell

by Michael Bean on June 1, 2007

Portsmouth NH - May 2007
Condominium and Town Home Market Report

20 Condo and Townhouse units went up for sale at an average listing price of $320,808.

20 units went under agreement with an average listing price of $340,725. Number of closings was down slightly from April with 14 transactions total. Average sale price was up over April at $331,914 at an average of 93.7% of asking price.

Three new construction condos in Downtown Portsmouth closed in May with one three bedroom luxury unit setting the top of the range by selling for $768,000.

Based on information from the Northern New England Real Estate Network, Inc. for the period May 1, 2007 to May 31, 2007.

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