PORTSMOUTH—Sales of single-family homes and condominiums got off to a mixed 2025 start in the 13 Sample Seacoast Towns despite another strong month for high-end homes.

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

January’s 13 sales of homes price at $1 million dollars or higher is a new January monthly record and represents 34 percent of the month’s 38 transactions. There were no sales below $400,000. That helped boost the monthly median price to $866,250, up 27% from last year. Monthly sales totals were up 18.7% from 2024. Single-family inventory was at its high level since 2020.

Portsmouth had the month’s biggest sale at 53 Pray Street, which closed at $3.9 million dollars, or $300,000 below ask. Rye had the second biggest sale at 50 Garland Road for $3.6 million dollars and $5,000 above ask.

There were just 23 condominium sales, two more than the all-time January low set in 2023. This despite improved inventory levels up 23% from 2024. The median sale price came in at a relatively modest $515,000, down 23.2% from 2024.

Portsmouth again registered the top three sales, all above $1.1 million dollars. The biggest sale came at 135 Bow Street, a riverfront unit that closed at $1.7 million dollars, some $100,000 below the asking price.  

“This is a fairly typical January picture,” said Seacoast Board of REALTORS President Lexi Leddy.    “It’s the slow time of year coupled with very cold weather, high interest rates and a change in administrations. Still, inventory levels continue to recover, and this is a good thing.”