PORTSMOUTH—February sales of single-family condominium units fell to the lowest level since 2012, according to statistics just released by the Seacoast Board of REALTORS.

The 13 Sample Seacoast Towns are Exeter, Greenland, Hampton, Hampton Falls, New Castle, Newfields, Newington, North Hampton, Newmarket, Portsmouth, Rye, Seabrook, and Stratham.

The two biggest sales of condominium units came in Portsmouth. The largest, new construction at 53B Chevrolet Avenue, a 2,728 s.f., 4-bedroom unit, sold $38,312 below list at $1,738,262. The other, a conversion at 180 Middle Street, closed $140,000 below list at $1.35 million.

For the month, there were 18 transactions, off 37.8% from 2024, selling at a median $554,950, almost the same as last year’s $559,900. For the first two months of 2025, condominium sales are off 35.3%, and median price is off 14.1% at $515,000.

There were two single-family sales that topped $3 million dollars last month, both in Portsmouth. The biggest of these was a 4,985 s.f., 4-bedroom home on 1.33 acres at 68 Odiorne Point Road. The property sold $100,000 below list at $3,475,000. Selling at $3.1 million, $200,000 below list, was a renovated Victorian at 640 Middle Street.

For the month, there were 27 single-family sales, two more than last year, transferring at a median price of $810,000, up 5.2% from 2024. For the first two months of 2025, single-family sales are up 12% and the median is $820,000, up 18.8%.

“February is traditionally the slowest month for seacoast real estate,” said Lexi Leddy, president of the Seacoast Board of REALTORS. “Given high interest rates, general economic uncertainty, not to mention challenging winter weather, these are numbers you would expect to see.”