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SECOND STRAIGHT MONTH SALES VOLUME SETS NEW RECORD
FOR SECOND STRAIGHT MONTH SALES VOLUME SETS NEW RECORD
PORTSMOUTH—For the second straight month sales of single family homes in the 13 Sample Seacoast Towns hit a new monthly record while sales of condominium units logged a remarkable third straight monthly mark, 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.
For the year, volume exceeds 2013 figures with total single family sales up 4% while median sales prices basically flat-lined from last year at $340,000.
April condo median sales were up a robust 30% from 2013, and median sale prices also advanced a solid 7.3% for the year to $225,500.
Meanwhile, both single-family and condominium inventory set three-year lows for April, with available condo units actually shrinking to 224 or 10% less than March. Single family inventory showed a traditional April “surge” but only by a grudging 10.1% from March to 434. The single family inventory levels represent a 12.5% decline from 2013 and condo levels were off 6.7% from last year.
“With demand increasing, we are seeing a lot of competition among buyers for available properties,” said Tom Heany, president of the Seacoast Board of REALTORS. “Since inventory seems to be growing at a slower rate than demand, I foresee that competition for well-priced homes will only continue. It’s a situation that favors Sellers, since competition will likely lead to increasing prices.”
Courtesy Of Seacoast Board of Realtors
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Hampton is located beside the Atlantic Ocean, near the center of the New Hampshire seacoast, in Rockingham County, New Hampshire. Hampton's beaches account for about one third of the New Hampshire coastline.
Hampton is home to Hampton Beach State Park at Hampton Beach, a dynamic tourist destination in the summer. Surfers can be spotted year-round at Hampton's North Beach, which is hidden from view by a mile long stone wall and sidewalk. Great Boar’s Head, a prominent landmark, is located between Hampton's North Beach and Hampton Beach proper. On the south side of Great Boar’s Head, is a wide sandy beach. This beach is a popular destination among the millions of New Hampshire’s Seacoast visitors. Restaurants, hotels, and shops are all found along this beach.
Hampton also has a strong business community including supermarkets, local stores and fine dining restaurants. It is also home to Lilly Software and Foss Manufacturing.
Hampton was one of four original townships established in New Hampshire. It was originally called the Plantation of Winnacunnet. “Winnacunnet” is a Native American word meaning “beautiful place of pines”. The town was settled in 1638 and incorporated in 1639. It once included Danville, East Kingston, Hampton Falls, Kensington, Kingston, North Hampton, Sandown, and Seabrook. These towns, along with the names of Hampton’s settlers, are honored at Founders Park on Park Avenue.
Hampton contains 13.0 square miles of land and 1.5 square miles of water. According to the 2000 U.S. Census Bureau, Hampton had a population of 14,937 people, 6,465 households, and 4,034 families. The average household size was 2.28 and the average family size was 2.86.
Hampton Real Estate and Homes: In 2007, it was estimated that Hampton’s population was 15,390. Hampton real estate was comprised of 9,873 total homes. This included 5,391 single family houses and 4,204 multi-family homes.
Please contact Better Homes and Gardens Real Estate The Masiello Group for homes for sale in Hampton, New Hampshire, homes for sale in Rockingham County, New Hampshire, and for all your real estate needs.