PORTSMOUTH—September median single-family sales prices in the 13 Sample Seacoast Towns dropped to the lowest level since December 2024 as inventory reached the highest level since June 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.

There were 78 single-family sales in September, five more than last year. The median price of $804,500, while the lowest in nine months, was up a substantial 14.9 % from last year’s $700,000, which was also the lowest for 2024. Some 196 units were up for sale as October began, the most since June 2020.

There were 25 sales of more than $1 million dollars, a September record.

Rye saw the month’s biggest sale on 833 Central Road for $4.2 million, also the largest sale in Rye this year. The five-bedroom, nine-bath, 8,135 square-foot residence sold for $1 dollar over ask.

For the year, single family sales are up 7.6% and the median price of $850,000 is up 5.9%.

September saw 56 condominium sales, three less than last year. The monthly median of $515,000 is off 8.8% from last year, as inventory reached the highest level since July 2020.

Portsmouth registered the top four condominium sales for the month. The largest came at 50 Maplewood Ave., an 1,894 square foot unit with two bedrooms and two baths that sold at ask for $1,775,000.

Condominium sales are up 3.5% for the first nine months of 2025, but the median sale price of $581,500 is off 2.9%.

“With mortgage interest rates and median ask prices moderating, the climate has definitely improved for buyers,” said Seacoast Board of REALTORS President Lexi Leddy. “It’s also good to see inventory levels steadily climbing towards pre-covid levels.”