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525 Maplewood Ave 4
7 Little River
525 Maplewood Ave 3
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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Exeter is located in Rockingham County, New Hampshire. It is one of the four original townships in the province, and originally included Newmarket, Newfields, Brentwood, Epping and Fremont. It is situated where the Exeter River feeds the tidal Squamscott River and lies entirely within within the Piscataqua River watershed. Exeter is comprised of a 20 square mile area, of which 19.6 square miles is land and .4 square miles is water. It sits 250 feet above sea level at its highest point.
Exeter was once home to the Squamscott Indians, a sub-tribe of the Pennacook nation. The tribes had left the area by 1725. The town held the role of New Hampshire's capital of the Revolutionary War for fourteen years, until the city of Concord became the new capital.
Early settlers arrived from Hingham, Massachusetts, and include the Gilman, Folsom and Leavitt families. In 1827, the Exeter Manufacturing Company was established along the river. The town included merchants and businesses that manufactured shoes, saddles, harnesses, lumber, boxes, bricks, carriages and bicycles. In 1840, the Boston & Maine Railroad entered the town.
Exeter is home to The Gilman Garrison House, a National Historic Landmark, and the American Independence Museum. Both are former homes of the Gillman family.
According to the 2000 U.S. Census Bureau, the town of Exeter was home to 14,058 people, 5,898 households, 3,715 families and 6,107 housing units. The average household size was 2.32 and the average family size was 2.94.
Exeter Real estate and Homes: In 2007, it was estimated that the population in Exeter was 14,735. Exeter real estate was comprised of 6,618 total homes. This included 2,947 single family houses and 2,610 multi-family homes.
Please contact Better Homes and Gardens Real Estate The Masiello Group for homes for sale in Exeter, New Hampshire, homes for sale in Rockingham County, New Hampshire, and for all your real estate needs.