Let’s take a look.
Looking at the closed sales in Portsmouth for January 2011 it shows a little upward trend relative to past Januaries. Although 30 days data is not statistically significant I’m ready to take any sort of positive news as great news after the past few years. 2011 is showing signs of improvement in the Portsmouth and Seacoast area real estate market. Ann and I put 5 of our listings under agreement in January and are working to do at least that many in February.
If you’re thinking of selling your Portsmouth or Seacoast area property we would like to suggest that NOW is a great time. There are lots of buyers out there looking right now and we already have buyers from out of town scheduled to tour Portsmouth listings as far out as March already. Here’s a list of what our current buyers are looking for:
- Water or waterview condo up to $500,000 (main level master a huge plus)
- Single family home in Portsmouth, Rye, Hampton, North Hampton, Newmarket, or Newfields between $250,000-325,000.
- New construction within 10 miles of Portsmouth up to $400,000
- Waterfront, Portsmouth or New Castle, up to $1.5 M.
- Land, 2 or more acres, selected areas around Portsmouth, up to $700,000
- Little Harbor area, $400-650K
Here’s what our Multiple Listing Service trend map shows for the 03801 zip code which is basically the Portsmouth area.
- A median list price of $369,000
- Median day on market (time to sell) 117 days
- Total active listing 73
We were looking at a great condo in downtown Portsmouth last week that had the most incredible waterfront views you could ever ask for.
There are several downtown condos on the market right now that share these views so if you’re thinking of downtown living check out Portsmouths ‘walk score’ . This rates an area by “walkability” or how easy it is to walk to goods and services. If you’re not familiar with the downtown Portsmouth area just type “Portsmouth, NH” into the walk score. Portsmouth scores a 92 out of 100 which is rated “Walker’s Paradise”.
That means you can walk to most anything you need. Some examples are: Poco’s Bow St. Cantina .02 mi., (that’s about 2 blocks), Fat Belly’s Bar & Grill, .02 mi., Starbucks, .13 mi., Little Harbor School, .91 mi., Portsmouth’s Market Square, .12 mi., and Prescott Park, .24 mi.
This is Bow Street pictured below; the harbor is just behind all the buildings to the left.
And this is a typical view from most of the Bow Street condos. You are looking across the Piscataqua River & Portsmouth Harbor. The buildings on the far shore are actually in Kittery, Maine. The Portsmouth Harbor is a working harbor with ocean going craft arriving often with goods from all over the world.
Viewed through the two tall towers on Portsmouths downtown Memorial Bridge is The Portsmouth Naval Shipyard . Established by the Federal Government in 1800, Portsmouth Naval Shipyard launched its first product, the 74-gun warship USS Washington, in 1815.
To search for local real estate please visit our website at PortsmouthNewHampshireHomes.com to see all the beautiful homes for sale.