Three important facts about selling your house in Portsmouth, NH

If you’re considering selling your home in Portsmouth, NH, or along the New Hampshire Seacoast but feel unsure, you’re not alone. Many homeowners hesitate because of lingering questions and misconceptions. However, with the right information and expert guidance, you may realize these concerns aren’t roadblocks.

At RE/MAX Shoreline in Portsmouth, NH, Ann Cummings and Jim Lee have years of experience helping sellers confidently navigate the market. Let’s break down some of the biggest questions homeowners have—and the real answers you need to make an informed decision and put you in this picture.

1. Is It a Smart Time To Sell?

You might be hesitant to list your home because of mortgage rates, worried about moving into a higher rate on your next home. But before you put your plans on hold, consider this:

Your home has likely gained significant value in recent years. In fact, Lawrence Yun, Chief Economist at the National Association of Realtors (NAR), reports that the typical homeowner has gained $147,000 in housing wealth over the last five years.

• NOTE: The pending sales graph for the New Hampshire Seacoast below reflects the seasonality of home sales. They are typically lower in the winter and start rising as spring approaches.

Think about recent sales in your neighborhood—have you heard what homes are selling for? The value of your home could put you in a strong position to sell and use that equity to fund your next move.

2. Will I Be Able To Find a Home I Like?

If you’re worried about low inventory and limited choices, there’s good news.

Housing inventory is up +76.6% on the New Hampshire Seacoast compared to this time last year, according to Multiple Listing Service data. And experts predict it will grow another 10-15% this year.

While we’re still below pre-pandemic levels, buyers have more choices now than in recent years. That means you have a better chance of finding a home you love. Currently within a 20 miles radius of Portsmouth, NH there are 309 single-family homes and condos actively for sale. They range in price from $59,000 to $11,950,000. Lots of choices available in the New Hampshire Seacoast.

3. Are Buyers Still Active in the Market?

Absolutely. While home sales were lower last year compared to pre-pandemic years, buyers are still making moves. In 2024 alone, 4.24 million existing homes were sold (not including new construction), according to NAR.

Buyers are still actively searching, and homes—just like yours—are selling every single day. The chart below is for pending sales in the New Hampshire Seacoast. The chart below shows there are 56 current, pending sales in the NH Seacoast, a 55.6% increase over the same time last February.

Bottom Line

If uncertainty is holding you back, it’s time to get the facts. Ann Cummings and Jim Lee are here to answer your questions and guide you through the selling process.

Wondering what your home is worth in today’s market? Contact RE/MAX Shoreline in Portsmouth, NH at 603.436.1221 or visit NewHampshireMaineRealEstate.com to explore the latest market trends, new listings, and price adjustments.

So, what’s holding you back from making your move? Let’s start the conversation today!