June 2025
Condominium sales lead strong June for Seacoast real estate
PORTSMOUTH—A strong month for condominium sales in the 13 Sample Seacoast Towns headlined an overall robust June for Seacoast real estate.
The 13 Sample Seacoast Towns are Exeter, Greenland, Hampton, Hampton Falls, New Castle, Newfields, Newington, North Hampton, Newmarket, Portsmouth, Rye, Seabrook, and Stratham.
Condominium sales, which had lagged behind last year up until June, surged to 83 transactions, the most since September 2020 and up an amazing 84% from last year.
There were 11 sales that topped $1 million dollars, the most since May 2024. The biggest of these sales came at 430 Islington Street, Portsmouth, which closed at $1.65 million dollars. This is a 3-bedroom, 4-bath 2,623 s.f. unit that closed June 6.
Still the median price of a single-family condominium unit slipped to $560,000 for the month, off 11.1% from last year. For the first six months of 2025 condominium sales are up 2.5%. but the median price of $564,950 is down 5.8% as inventory level reached its highest mark since October 2024.
There were 80 single-family sales in the month, the most since July 2024 but off 9% from June 2024. Three sales topped $3 million dollars, the biggest of these coming at 212 Walker Bungalow, Portsmouth, a 3-bedroom waterfront contemporary home with a dock. The property closed on June 6 for $3,939,000 or $236,000 dollars below list.
The monthly median sale price was $874,500, which is 5.2% off last year’s record $922,500. Inventory levels were the highest since June 2020 as year-to-date sales were up 9.2% from a year ago and median price reached $850,000 up 1.2%.
“Overall, an old-fashioned real estate June for our market,” said Seacoast Board of REALTORS President Lexi Leddy. “Buyers have more inventory to choose from, and they are taking advantage of that.”