March 2025
Spring real estate market off to mixed start
PORTSMOUTH—March sales of single-family homes and condominiums in the 13 Sample Seacoast Towns produced mixed results. This despite inventory levels up more than 36% from a year ago--the most available units for sale since 2020, 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.
Single family sales were up 18.9% from 2024 thanks to a record March for sales of $1 million dollars or more. Of the sixteen $1 million-plus transactions the highest came at 160 South Road in Rye at $2.7 million with 250 Highland Street in Portsmouth closing at $1.8 million and 82 Kings Highway in Hampton selling for $1.65 million.
The March median sale price was $849,950 up 6.9% from a year ago. For the year single-family sales are up 13.6% and the median sale price is up 9.6% at $844,500.
Condominium sales were off 20.4% from 2024, despite a record March for $1million-plus sales (7.) The monthly median of $582,000 slipped 1.7% from 2024. It was the second time in 2025 that the monthly median sale price fell below 2024 levels.
The highest condominium sales were all in Portsmouth led by a $4.2 million transaction at 1 Harbour Place, the city’s fourth highest all-time condominium sale.
For the year, condominium sales are off 27.5% and the median price of $582,000 is off 3%.
“Despite everything going on in the world our market is doing fine,” said Seacoast Board of REALTORS President Lexi Leddy. “We continue to generate record high-end volume and sale prices, at least on the single-family side, are more than holding their own.”