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Condo sales drive Hampton summer real estate

Paul Briand Seacoast Online
Condominium sales boosted the summer real estate market in Hampton, while sales were slow overall in neighboring North Hampton and Hampton Falls.

Condominium sales boosted the summer real estate market in Hampton, while sales were slow overall in neighboring North Hampton and Hampton Falls.


HAMPTON — The number of condominium sales in Hampton jumped by about 38 percent from summer of 2009 to this past summer, while the total value of those sales jumped 79 percent.



An analysis of real estate deeds on file with the Rockingham County Register of Deeds shows there were 51 transactions involving condos in June, July and August of this year, amounting to a total of $12,135,500. During the same period in 2009, there were 37 condo transactions worth a total of $6,764,732.

There was only modest movement in Hampton houses — a 3.8 percent increase during the period, with house transactions in summer 2009 amounting to $15,159,665 versus $15,742,132 in summer 2010.

The average price of a condo sold during that period increased from $182,831 to $237,951. Average price of a house went from $315,826 to $357,776.

In Hampton Falls and North Hampton, meanwhile, neither the condo nor house activity was terribly brisk, according to the register's data.

There were seven transactions involving houses in Hampton Falls during summer 2009, and there were eight this summer. There was a 53 percent increase in the total value of those 2009 sales, however, from $2,999,333 to $4,590,000.


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