Rye Eases Into January With Nine Sales

by Michael Bean on February 1, 2007

Rye NH - January 2007
Real Estate Market Report

Rye saw a total of nine sales close in January. Three of the sales were met or surpassed the million dollar mark. A shingle style estate on Love Lane sold for $1,450,000, a three bedroom home in Harbour Links Estates was purchased for $1,125,000 and a two bedroom condominium on Ocean Boulevard sold for $1,000,000.

The average selling price was $719,444 which was 90.7% of the asking price on average with a time on market of 133 days.

There were five properties that went under contract in January with an average listing price of $574,560.

The average listing price for the nine properties that came on the market in January was $1,103,178.

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

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