PORTSMOUTH — The Seacoast residential real estate market enjoyed a strong August, according to statistics released this week by the Seacoast Board of Realtors.
Despite declines from July totals, it was the best August recorded since the Seacoast Board began tracking the 13 sample Seacoast communities in 2010. The 13 communities in the sample are Seabrook, Hampton Falls, Hampton, North Hampton, Rye, New Castle, Portsmouth, Newington, Greenland, Stratham, Exeter, Newfields and Newmarket.
Residential sales were up 86.4 percent from a year ago and condominium sales jumped 47 percent. The 35 sales of homes priced in the $400,000 to $700,000 range was the second best month of the year for that price-point as was the 68 sales of homes priced at less than $400,000.
The 110 total sales recorded represent a slight cooling off, as sales declined 4 percent from July. Sales of condo units priced in the $300,000 to $600,000 range helped nudge up total condo numbers. There were only eight of those last year, but 13 in 2012.
Despite the big month, the 44 total condo sales represent a 21.4 percent decline from July, which was a record sales month for both condos and single-family homes. Total 2012 residential sales are up 25.5 percent, while condos are ahead 38.4 percent.
Source: http://www.seacoastonline.com/articles/20120912-BIZ-209120350
No comments:
Post a Comment