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Market Insights

September pending sales gain


September seacoast pending sales gain

by John W. Rice

PORTSMOUTH-September pending sales of single family residences and condominium units in the nine sample Seacoast towns registered solid advances in what is normally a strong month for real estate.

          Single family pending sales were up a healthy 14% from August, while condos showed a nearly-the-same 15% gain.

          The pending gains were offset by a third straight month of declining closed single family sales, which fell 5% for the month and 22% from a year ago. Condo sales were off 18% from September 2008, but the 18 transfers was still one more than last month.


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