SMW 2024 Year In Review

2024 YEAR IN REVIEW Seacoast Market Watch 2 Table of Contents Special thanks to Chief Statistician/Sales Associate John Rice for his significant contribution. Data sourced from PRIME MLS, analyzed by Tate & Foss Sotheby’s International Realty. PRIME MLS does not guarantee nor is in any way responsible for its accuracy and the data maintained may not reflect all real estate activity in the market. All reproduction of data requires TFSIR’s written consent. 26 16 24 HAMPTON AREA DURHAM AREA 12 ELIOT & THE BERWICKS Most photography featured in this report courtesy of Mike Barron Photography EXETER AREA 8 OUR TEAM 22 6 WATERFRONT 18 20 T&F HIGHLIGHTS 14 DOVER AREA SEACOAST LAKES AREA 28 LUXURY 4 NORTHSHORE HISTORIC & ANTIQUE SO. YORK COUNTY COAST 10 PORTSMOUTH AREA FOR 2025 Market Insights Key Observations BROWSE ALL MLS LISTING AND LEARN MORE ABOUT THE MARKET AT LIVESEACOAST.COM SEACOAST MARKET WATCH | 2 Persistently Elevated Interest Rates & Limited Inventory The combination of sustained high interest rates and constrained inventory will continue to create challenges for prospective buyers, limiting affordability and access to housing. Seller’s Market with a Constrained Buyer Pool While market conditions remain favorable for sellers, the buyer pool is expected to shrink. Affordability concerns due to high interest rates will limit the number of qualified purchasers. Ongoing Record Sales Volumes in High-Value Segments We anticipate continued record-breaking monthly sales volumes in the luxury market, driven by a steady rise in the median sales price. Growth likely to occur at a more tempered pace. Strength in the Luxury Market The high-end market will remain resilient, particularly as affluent buyers seek to relocate from Massachusetts in response to the state’s Millionaire’s Tax, and as New Hampshire’s Interest and Dividends Tax is phased out, further enhancing its appeal. Convergence of Greater Boston and Seacoast Price Points The disparity between the median sales prices in Greater Boston and the Seacoast region is expected to narrow, driven by increased demand and rising property values in both areas. Redefining Luxury: Properties Exceeding $3 Million The definition of "luxury" real estate will evolve, with properties valued over $3 million becoming the new benchmark for high-end homes, as buyer demand continues to shift toward this price range. Increased Activity in the Lower-End Market The lower end of the market, defined by varying price thresholds, will see intense competition and faster-moving inventory as prospective buyers, constrained by higher borrowing costs, seek more affordable housing options. Stagnation in Condominium Price Growth Condominium prices in the "standard" segment are expected to face pressure as an influx of new construction and apartment units enter the market. Increased supply will heighten competition, potentially limiting value appreciation for condominiums in this category. . Persistently high interest rates and modest inventory levels will make things challenging for buyers. Subsequently, our seller’s market should continue but with a smaller buyer pool. More monthly million-dollar sales volume records as the median price continues to rise, albeit at an increasingly modest pace. High-end luxury market should remain strong as buyers flee the Massachusetts Millionaire’s Tax and the NH Interest and Dividends tax goes away. The gap between Greater Boston and Seacoast Area median sales prices will continue to shrink. “Luxury” properties will be defined as those exceeding $3 million. Activity in the lower end, wherever that may be, is more intense “Standard” condominium prices will struggle to edge higher as more units become available, creating more competition. Highest Average Sales Price #1 Welcome to the Winter Issue of Seacoast Market Watch. In this report, we present a comprehensive analysis of the real estate market in the greater Seacoast region of New Hampshire and Southern Maine, reflecting on key trends from 2024 and offering insights into what we can expect in the year ahead. As we concluded 2024, several significant single-family, condominium, and rental developments were underway in the Portsmouth area, with additional projects taking shape across Southern Maine. While these developments are expected to help alleviate some inventory challenges, the volume of new units may contribute to moderating condominium prices, which saw a modest 2.1% increase, culminating in a median sales price of $577,950. In the single-family market, we witnessed an impressive series of record-breaking million-dollar transactions, including the highest-ever sales in Portsmouth ($6,800,000) and North Hampton ($10,500,000). The continued impact of the Massachusetts Millionaire’s Tax has proven to be a significant driver of demand for high-end Seacoast properties. Early indicators for 2025 point to a sustained uptick in luxury home sales, further bolstered by the repeal of New Hampshire's Interest and Dividends Tax. For the year, single-family home values appreciated by 13.1%, with a median price of $800,000—still approximately $50,000 below the greater Boston market. However, rising interest rates, now exceeding 7%, remain a challenge for buyers, who are also navigating the persistent constraints on inventory. This evolving market environment, described as “The New Real Estate Market” by NAR Chief Economist Lawrence Yun, has resulted in active buyer engagement rather than a "wait and see" approach, driving strong sales activity throughout 2024. Looking ahead to 2025, the market will continue to be shaped by a mix of economic uncertainty, shifting political dynamics in Washington, and broader market conditions. Nevertheless, one constant remains: buyers continue to exhibit confidence in the long-term value of real estate in the greater Seacoast area of New Hampshire and Southern Maine. We wish you a prosperous 2025 and remain committed to assisting you in navigating the opportunities and challenges that lie ahead. Sincerely, The Tate & Foss SIR Team Introduction BROWSE ALL MLS LISTING AND LEARN MORE ABOUT THE MARKET AT LIVESEACOAST.COM SEACOAST MARKET WATCH | 4 Greater Portsmouth Area TAX RATE: $7.88 NUMBER OF HOMES SOLD AVERAGE SALES PRICE 2024 PORTSMOUTH 2023 2024 CHANGE NUMBER OF SALES 303 312 3% DAYS ON MARKET 35 26 -24% AVERAGE PRICE $919,435 $1,049,610 14% MEDIAN PRICE $779,000 $806,500 4% HIGHEST PRICE $6,600,000 $6,800,000 3% GREENLAND • NEW CASTLE NEWINGTON • PORTSMOUTH RYE • RYE BEACH RYE 2023 2024 CHANGE NUMBER OF SALES 54 86 59% DAYS ON MARKET 32 50 55% AVERAGE PRICE $1,402,530 $1,783,118 27% MEDIAN PRICE $1,225,000 $1,144,500 -7% HIGHEST PRICE $6,300,000 $18.5M 194% TAX RATE: $9.22 TAX RATE: $12.99 TAX RATE: $5.39 RYE BEACH 2023 2024 CHANGE NUMBER OF SALES 2 4 100% DAYS ON MARKET 50 104 108% AVERAGE PRICE $2,377,500 $2,718,000 14% MEDIAN PRICE $2,377,500 $2,748,500 16% HIGHEST PRICE $3,900,000 $3,850,000 -1% TAX RATE: $11.18 $1,233,620 GREENLAND 2023 2024 CHANGE NUMBER OF SALES 38 50 32% DAYS ON MARKET 23 21 -11% AVERAGE PRICE $931,972 $836,748 -10% MEDIAN PRICE $877,000 $727,500 -17% HIGHEST PRICE $1,910,000 $1,790,000 -6% NEW CASTLE 2023 2024 CHANGE NUMBER OF SALES 14 13 -7% DAYS ON MARKET 22 18 -19% AVERAGE PRICE $3,113,836 $2,486,923 -20% MEDIAN PRICE $2,750,000 $2,200,000 -20% HIGHEST PRICE $6,495,00 $3,959,000 -39% T&F Significant Sale: Rye NH | $2,900,000 | November 2024 at a glance NEWINGTON 2023 2024 CHANGE NUMBER OF SALES 8 9 13% DAYS ON MARKET 29 38 32% AVERAGE PRICE $1,312,500 $2,100,988 60% MEDIAN PRICE $1,225,000 $1,400,000 14% HIGHEST PRICE $2,995,000 $5,250,000 75% DAYS ON MARKET 474 30 TAX RATE: $8.66 NORTH HAMPTON 2023 2024 CHANGE NUMBER OF SALES 49 48 -2% DAYS ON MARKET 19 20 6% AVERAGE PRICE $1,183,702 $1,496,396 26% MEDIAN PRICE $710,000 $1,101,500 55% HIGHEST PRICE $7,000,000 $10.5M 50% HAMPTON 2023 2024 CHANGE NUMBER OF SALES 267 293 10% DAYS ON MARKET 33 88 171% AVERAGE PRICE $623,165 $653,953 5% MEDIAN PRICE $570,000 $570,000 0% HIGHEST PRICE $4,500,000 $4,950,000 10% 10% SEABROOK 2023 2024 CHANGE NUMBER OF SALES 58 55 -5% DAYS ON MARKET 27 29 8% AVERAGE PRICE $776,899 $776,244 0% MEDIAN PRICE $567,500 $600,000 6% HIGHEST PRICE $2,850,000 $3,393,500 19% T&F Significant Sale: Hampton Falls NH | $1,550,000 | June 2024 TAX RATE: $12.80 Greater Hampton Area 438 SOUTH HAMPTON 2023 2024 CHANGE NUMBER OF SALES 7 5 -29% DAYS ON MARKET 16 31 93% AVERAGE PRICE $569,929 $785,000 38% MEDIAN PRICE $611,500 $750,000 23% HIGHEST PRICE $908,000 $1,205,000 33% HAMPTON • HAMPTON FALLS NORTH HAMPTON • SEABROOK SEABROOK at a glance BROWSE ALL MLS LISTING AND LEARN MORE ABOUT THE MARKET AT LIVESEACOAST.COM SEACOAST MARKET WATCH | 6 $804,221 2024 AVERAGE SALES PRICE TAX RATE: $11.72 NUMBER OF HOMES SOLD TAX RATE: $13.80 NUMBER OF SALES IN HAMPTON UP 30 TAX RATE: $14.32 DAYS ON MARKET TAX RATE: $12.32 HAMPTON FALLS 2023 2024 CHANGE NUMBER OF SALES 27 37 37% DAYS ON MARKET 29 20 -32% AVERAGE PRICE $919,854 $1,140,405 24% MEDIAN PRICE $897,000 $1,100,000 23% HIGHEST PRICE $1,645,000 $3,250,000 98% 2024 BRENTWOOD • EAST KINGSTON EXETER • KENSINGTON NEWFIELDS • STRATHAM BRENTWOOD 2023 2024 CHANGE NUMBER OF SALES 61 57 -7% DAYS ON MARKET 64 40 -37% AVERAGE PRICE $665,809 $686,387 3% MEDIAN PRICE $663,317 $690,500 4% HIGHEST PRICE $1,250,000 $1,175,000 -6% TAX RATE: $16.13 AVERAGE SALES PRICE 27 TAX RATE: $13.12 TAX RATE: $13.21 NUMBER OF HOMES SOLD BROWSE ALL MLS LISTING AND LEARN MORE ABOUT THE MARKET AT LIVESEACOAST.COM SEACOAST MARKET WATCH | 8 TAX RATE: $17.79 Greater Exeter Area EXETER 2023 2024 CHANGE NUMBER OF SALES 188 199 6% DAYS ON MARKET 41 26 -35% AVERAGE PRICE $608,400 $645,804 6% MEDIAN PRICE $551,000 $575,000 4% HIGHEST PRICE $2,300,000 $1,502,500 -35% TAX RATE: $25.17 DAYS ON MARKET STRATHAM 2023 2024 CHANGE NUMBER OF SALES 89 106 19% DAYS ON MARKET 16 16 -2% AVERAGE PRICE $734,807 $719,225 -2% MEDIAN PRICE $715,000 $687,500 -4% HIGHEST PRICE $1,540,000 $1,600,000 4% 430 KENSINGTON 2023 2024 CHANGE NUMBER OF SALES 14 23 64% DAYS ON MARKET 28 51 83% AVERAGE PRICE $846,107 $777,802 -8% MEDIAN PRICE $727,500 $710,000 -2% HIGHEST PRICE $1,500,000 $1,750,000 17% at a glance NEWFIELDS 2023 2024 CHANGE NUMBER OF SALES 14 15 7% DAYS ON MARKET 17 33 89% AVERAGE PRICE $948,707 $811,260 -14% MEDIAN PRICE $925,000 $750,000 -19% HIGHEST PRICE $1,520,000 $1,400,000 -8% TAX RATE: $16.09 EAST KINGSTON 2023 2024 CHANGE NUMBER OF SALES 20 30 50% DAYS ON MARKET 10 21 114% AVERAGE PRICE $562,770 $603,093 7% MEDIAN PRICE $560,000 $565,500 1% HIGHEST PRICE $775,000 $1,299,900 68% $679,135 26% AVERAGE SALES PRICE Greater Dover Area MEDIAN SALES PRICE IN ROCHESTER UP SOMERSWORTH 2023 2024 CHANGE NUMBER OF SALES 84 103 23% DAYS ON MARKET 15 17 12% AVERAGE PRICE $382,161 $436,434 14% MEDIAN PRICE $394,950 $425,000 8% HIGHEST PRICE $650,000 $735,000 13% T&F Significant Sale: 32 Wisteria Drive, Dover NH | Offered at $10,950,000 DOVER • ROCHESTER ROLLINSFORD • SOMERSWORTH TAX RATE: $18.17 TAX RATE: $14.85 $512,809 TAX RATE: $18.70 NUMBER OF SALES IN DOVER UP 869 ROCHESTER 2023 2024 CHANGE NUMBER OF SALES 293 352 20% DAYS ON MARKET 15 17 13% AVERAGE PRICE $363,577 $404,724 11% MEDIAN PRICE $350,000 $390,000 11% HIGHEST PRICE $801,000 $812,000 1% ROLLINSFORD 2023 2024 CHANGE NUMBER OF SALES 23 24 4% DAYS ON MARKET 13 31 135% AVERAGE PRICE $411,391 $579,567 41% MEDIAN PRICE $416,000 $414,000 0% HIGHEST PRICE $680,000 $1,250,000 84% NUMBER OF HOMES SOLD at a glance 11% 2024 19 BROWSE ALL MLS LISTING AND LEARN MORE ABOUT THE MARKET AT LIVESEACOAST.COM SEACOAST MARKET WATCH | 10 TAX RATE: $16.41 DAYS ON MARKET DOVER 2023 2024 CHANGE NUMBER OF SALES 309 390 26% DAYS ON MARKET 26 20 -21% AVERAGE PRICE $589,873 $646,426 6% MEDIAN PRICE $495,000 $542,500 10% HIGHEST PRICE $4,300,000 $4,437,500 3% at a glance TAX RATE: $29.19 TAX RATE: $20.33 NUMBER OF SALES IN NEWMARKET UP 43% 225 NUMBER OF HOMES SOLD DURHAM 2023 2024 CHANGE NUMBER OF SALES 47 57 21% DAYS ON MARKET 17 19 11% AVERAGE PRICE $622,835 $722,354 16% MEDIAN PRICE $609,000 $632,500 4% HIGHEST PRICE $975,000 $3,350,000 244% DAYS ON MARKET NEWMARKET 2023 2024 CHANGE NUMBER OF SALES 87 109 25% DAYS ON MARKET 41 37 -10% AVERAGE PRICE $546,235 $555,132 2% MEDIAN PRICE $549,900 $559,900 2% HIGHEST PRICE $1,132,012 $1,250,000 10% 2024 TAX RATE: $17.20 BROWSE ALL MLS LISTING AND LEARN MORE ABOUT THE MARKET AT LIVESEACOAST.COM SEACOAST MARKET WATCH | 12 TAX RATE: $25.77 AVERAGE SALES PRICE LEE 2023 2024 CHANGE NUMBER OF SALES 44 40 -9% DAYS ON MARKET 33 19 -43% AVERAGE PRICE $588,000 $598,705 2% MEDIAN PRICE $554,500 $567,500 2% HIGHEST PRICE $1,100,000 $1,050,000 -5% DAYS ON MARKET IN LEE DOWN MADBURY 2023 2024 CHANGE NUMBER OF SALES 11 19 73% DAYS ON MARKET 18 14 -21% AVERAGE PRICE $628,091 $790,912 26% MEDIAN PRICE $575,000 $700,000 22% HIGHEST PRICE $1,099,000 $2,000,000 82% DURHAM • LEE MADBURY • NEWMARKET $625,151 25% Greater Durham Area 27 TAX RATE: $15.57 272 BARRINGTON 2023 2024 CHANGE NUMBER OF SALES 104 106 2% DAYS ON MARKET 34 30 -10% AVERAGE PRICE $564,628 $664,387 18% MEDIAN PRICE $555,000 $604,950 9% HIGHEST PRICE $2,000,000 $5,800,000 190% NUMBER OF HOMES SOLD $603,545 TAX RATE: $20.46 DAYS ON MARKET IN NOTTINGHAM DOWN DAYS ON MARKET TAX RATE: $17.59 STRAFFORD 2023 2024 CHANGE NUMBER OF SALES 44 36 -18% DAYS ON MARKET 24 22 -7% AVERAGE PRICE $604,484 $599,192 -1% MEDIAN PRICE $515,000 $557,500 8% HIGHEST PRICE $1,620,000 $1,500,000 -7% NORTHWOOD 2023 2024 CHANGE NUMBER OF SALES 62 62 0% DAYS ON MARKET 24 32 -8% AVERAGE PRICE $504,154 $535,245 6% MEDIAN PRICE $475,000 $487,000 3% HIGHEST PRICE $1,850,000 $1,800,000 -3% AVERAGE SALES PRICE at a glance NOTTINGHAM 2023 2024 CHANGE NUMBER OF SALES 63 68 8% DAYS ON MARKET 43 22 -50% AVERAGE PRICE $558,747 $573,280 3% MEDIAN PRICE $476,000 $555,000 17% HIGHEST PRICE $1,647,000 $1,350,000 -18% AVERAGE PRICE IN BARRINGTON UP TAX RATE: $19.76 BARRINGTON • NORTHWOOD NOTTINGHAM • STRAFFORD BROWSE ALL MLS LISTING AND LEARN MORE ABOUT THE MARKET AT LIVESEACOAST.COM SEACOAST MARKET WATCH | 14 2024 27 18% 50% Greater Seacoast Lakes Area BERWICK 2023 2024 CHANGE NUMBER OF SALES 72 79 10% DAYS ON MARKET 29 23 -20% AVERAGE PRICE $458,666 $453,282 -1% MEDIAN PRICE $442,500 $465,000 5% HIGHEST PRICE $922,250 $835,000 -9% BERWICK • ELIOT NORTH BERWICK • SOUTH BERWICK 22% NUMBER OF SALES IN SO.BERWICK UP BROWSE ALL MLS LISTING AND LEARN MORE ABOUT THE MARKET AT LIVESEACOAST.COM SEACOAST MARKET WATCH | 16 DAYS ON MARKET AVERAGE SALES PRICE 21 TAX RATE: $10.00 20% $507,352 SOUTH BERWICK 2023 2024 CHANGE NUMBER OF SALES 65 79 22% DAYS ON MARKET 16 16 1% AVERAGE PRICE $457,217 $495,745 8% MEDIAN PRICE $460,000 $479,000 4% HIGHEST PRICE $1,205,000 $1,200,000 0% NUMBER OF HOMES SOLD NORTH BERWICK 2023 2024 CHANGE NUMBER OF SALES 43 46 7% DAYS ON MARKET 27 21 -23% AVERAGE PRICE $411,842 $457,929 11% MEDIAN PRICE $425,000 $467,450 10% HIGHEST PRICE $650,000 $799,900 23% 2024 TAX RATE: $12.47 DAYS ON MARKET IN BERWICK DOWN TAX RATE: $11.85 268 ELIOT 2023 2024 CHANGE NUMBER OF SALES 61 64 5% DAYS ON MARKET 33 26 -21% AVERAGE PRICE $612,244 $623,947 2% MEDIAN PRICE $592,000 $576,100 -3% HIGHEST PRICE $1,950,000 $1,350,000 -31% Eliot & The Berwicks at a glance TAX RATE: $13.42 TAX RATE: $16.95 KITTERY 2023 2024 CHANGE NUMBER OF SALES 90 107 19% DAYS ON MARKET 21 36 69% AVERAGE PRICE $766,837 $828,448 8% MEDIAN PRICE $610,000 $600,000 -2% HIGHEST PRICE $3,550,000 $5,100,000 44% KENNEBUNK • KENNEBUNKPORT KITTERY • OGUNQUIT • WELLS YORK 1,087 TAX RATE: $6.50 For Sale: 23 Kings Road, York ME | Offered at $3,895,000 NUMBER OF HOMES SOLD $869,883 BROWSE ALL MLS LISTING AND LEARN MORE ABOUT THE MARKET AT LIVESEACOAST.COM SEACOAST MARKET WATCH | 18 WELLS 2023 2024 CHANGE NUMBER OF SALES 300 338 13% DAYS ON MARKET 34 41 19% AVERAGE PRICE $580,335 $589,938 2% MEDIAN PRICE $505,000 $522,500 3% HIGHEST PRICE $3,150,000 $4,500,000 43% KENNEBUNKPORT 2023 2024 CHANGE NUMBER OF SALES 71 99 39% DAYS ON MARKET 49 60 23% AVERAGE PRICE $1,472,859 $1,490,314 1% MEDIAN PRICE $1,194,000 $970,000 -19% HIGHEST PRICE $9,000,000 $8,400,000 -7% TAX RATE: $14.20 2024 46 OGUNQUIT 2023 2024 CHANGE NUMBER OF SALES 51 48 -6% DAYS ON MARKET 20 44 19% AVERAGE PRICE $973,749 $1,010,431 4% MEDIAN PRICE $775,000 $799,500 3% HIGHEST PRICE $2,500,000 $3,045,000 22% TAX RATE: $8.40 AVERAGE SALES PRICE TAX RATE: $6.46 DAYS ON MARKET KENNEBUNK 2023 2024 CHANGE NUMBER OF SALES 200 225 13% DAYS ON MARKET 31 33 7% AVERAGE PRICE $837,323 $806,755 -4% MEDIAN PRICE $628,500 $615,000 -2% HIGHEST PRICE $6,050,000 $4,450,000 -26% at a glance TAX RATE: $5.96 Southern York County Coast YORK 2023 2024 CHANGE NUMBER OF SALES 210 270 29% DAYS ON MARKET 39 64 63% AVERAGE PRICE $916,702 $1,036,883 13% MEDIAN PRICE $711,250 $800,000 12% HIGHEST PRICE $5,250,000 $8,400,000 60% NUMBER OF HOMES SOLD T&F Significant Sale: 10 Autumn Lane, Rye NH | $3,900,000 | October 2024 $2,869,750 BROWSE ALL MLS LISTING AND LEARN MORE ABOUT THE MARKET AT LIVESEACOAST.COM SEACOAST MARKET WATCH | 20 T&F Significant Sale: 22 Ocean Boulevard, North Hampton NH | $3,350,000 | September 2024 HIGHEST SALES PRICE 43 142 Luxury MEDIAN SALES PRICE $18,500,000 T&F Significant Sale: 36 Straws Point Road, Rye NH | $8,500,000 | August 2024 $3,465,562 AVERAGE SALES PRICE 2024 DAYS ON MARKET 2024 NUMBER OF HOMES SOLD { T&F Significant Sale: 106 Harbor Road, Rye NH | $2,872,000 | December 2024 Oceanfront { 196 38 BROWSE ALL MLS LISTING AND LEARN MORE ABOUT THE MARKET AT LIVESEACOAST.COM SEACOAST MARKET WATCH | 22 134 3 $1,162,926 $827,000 $6,800,000 $1,691,400 62 40 $1,900,500 $2,833,586 $18,500,000 T&F Significant Sale: 2 Mill Pond Road, New Castle NH | $2,700,000 | October 2024 Rye NUMBER OF SALES DAYS ON MARKET AVERAGE PRICE MEDIAN PRICE HIGHEST PRICE River-Bay-Lakefront $18,500,000 Waterfront Portsmouth vs. AVERAGE SALES PRICE MEDIAN SALES PRICE DAYS ON MARKET SPOTLIGHT ON 2024 WATERFRONT SALES $1,112,500 HIGHEST SALES PRICE $611,250 T&F Significant Sale: 458 Marcy Street, Portsmouth NH | $1,300,000 | October 2024 35 T&F Significant Sale: 60 Sea Road, Rye Beach NH | $3,850,000 | October 2024 AVERAGE SALES PRICE 390 MEDIAN SALES PRICE $821,597 Historic & Antique T&F Significant Sale: 127 Clark Road, Rye NH | $1,425,000 | August 2024 NUMBER OF HOMES SOLD HIGHEST SALES PRICE $10,500,000 2024 DAYS ON MARKET BROWSE ALL MLS LISTING AND LEARN MORE ABOUT THE MARKET AT LIVESEACOAST.COM SEACOAST MARKET WATCH | 24 NEWBURYPORT 2023 2024 CHANGE NUMBER OF SALES 113 130 15% DAYS ON MARKET 27 32 19% AVERAGE PRICE $1,084,622 $1,234,860 14% MEDIAN PRICE $905,000 $1,100,000 22% HIGHEST PRICE $2,400,000 $3,400,000 42% TAX RATE: $14.85 IPSWICH 2023 2024 CHANGE NUMBER OF SALES 92 83 -10% DAYS ON MARKET 37 29 -23% AVERAGE PRICE $925,425 $963,996 4% MEDIAN PRICE $874,950 $895,000 2% HIGHEST PRICE $2,098,000 $2,325,000 11% TAX RATE: $18.70 ESSEX 2023 2024 CHANGE NUMBER OF SALES 23 28 22% DAYS ON MARKET 47 27 -44% AVERAGE PRICE $1,289,539 $1,029,920 -20% MEDIAN PRICE $925,000 $827,500 -11% HIGHEST PRICE $3,150,000 $2,950,000 -6% BROWSE ALL MLS LISTING AND LEARN MORE ABOUT THE MARKET AT LIVESEACOAST.COM SEACOAST MARKET WATCH | 26 NEWBURY 2023 2024 CHANGE NUMBER OF SALES 72 72 0% DAYS ON MARKET 29 45 54% AVERAGE PRICE $1,058,339 $1,084,568 2% MEDIAN PRICE $918,000 $980,000 7% HIGHEST PRICE $2,100,000 $3,510,000 67% HIGHEST PRICE IN NEWBURYPORT UP TAX RATE: $18.17 TAX RATE: $16.41 As part of our continued commitment to providing exceptional service and expertise along the Greater Seacoast Area of New Hampshire and Southern Maine, this expansion allows us to better serve our clients with a seamless, multi-state real estate experience. 54% 42% Now Licensed in Massachusetts! DAYS ON MARKET IN NEWBURY DOWN Sharon Parker Sales Associate 603.828.1705 t Patricia Weathersby Sales Associate 603.957.1430 t OUR TEAM Maggie Campbell Sales Associate 603.918.0069 t Lizzie Ferris Sales Associate 603.828.1954 t Sean Fellows Sales Associate 603.616.6885 t Manuela Kutzer Sales Associate 603.828.2195 t Robyne Harrison Sales Associate 603.918.6093 t Dana Mitchell Associate Broker 603.682.2333 t Lynne Joyce Associate Broker 603.591.8489 t John Rice Broker Associate 603.498.3921 t Tony Jalbert Principal Broker 603.498.6241 t Kristin McNulty Accounting Associate 603.964.8028 t Lisa Chase Associate Broker 603.817.1818 t Kathy Corbett Sales Associate 603.781.6959 t Kasey Gossom Marketing Manager 603.964.8028 t Jonathan Levy Sales Associate 617.828.3921 t Jenifer Parker Sales Associate 603.498.0555 t Caren Logan Sales Associate 603.370.0544 t Mary Beth Hixon Sales Associate 603.548.5380 t Brett Mulvey Sales Associate 603.396.6098 t