PORTSMOUTH-September sales of high-end condominium units set at an all-time
monthly record last month in the 13-Sample Seacoast Towns, according to statistics
just released by 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.

There were 10 sales of condominium units exceeding $1 million dollars, breaking the
all-time monthly record of six, set in January. All the units were sold in Portsmouth, six
at 50 Maplewood Avenue.

Despite record low September inventory, the 67 condominium units sold in the 13-
Sample Seacoast towns last month represented a volume jump of 28.8% from last
year. The monthly median of $535,259, although not a record, is up 38.1% from last
year. Still, for the first nine months of 2022, condominium sales are off 15.3% while
the median of $503,645 is up 26%.

There were 94 September single-family sales, off 16.8% from last year. The monthly
median of $655,000 fell 1.1% from 2021. For the first nine months of 2022, single-
family sales are off 13.9% while the median is up 7.3% to $660,000.

“Overall, I think September was a very strong month for Seacoast real estate,” said
Seacoast Board of REALTORS President Jessica Ritchie. “Demand was consistently
strong and that is reflected in the continued strength we are seeing in median sale
prices.”