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John Rice hosts Seacoast Real Talk from Tate & Foss Sotheby’s International Realty with guest Sean Fellows, delivering a Seacoast (Southern Maine/New Hampshire) market report for the first four months of 2026: single-family sales are down 2% while condo sales are up 23.8%. January set records with Seacoast median prices exceeding $1M and strong sales, followed by a very slow February with lower median pricing, rising inventory, and mortgage rates dipping below 6% for the first time in three years; Newcastle leads local medians at $2.25M. March saw sales declines amid rising global uncertainty, yet notable luxury sales continued, including record condo sales at Wentworth Marina. They describe two markets: $2.5M+ behaving independently, and the rest flatter but generally appreciating. Fellows updates on his deals and outlines the Hampton Beach Casino project: demolition delayed to after the 2027 summer season, with plans for a 208-room hotel, 99 luxury condos, and a larger gaming space, projecting significant disruption but future tax and rental impacts. Rice also recounts severe ice-dam damage and insurance frustrations, mentions possible future homeowner tips, and notes upcoming travel to Finland.
Contact John Rice HERE
Contact Sean Fellows HERE
Contact Michelle O'Dell HERE
By John Rice5
99 ratings
John Rice hosts Seacoast Real Talk from Tate & Foss Sotheby’s International Realty with guest Sean Fellows, delivering a Seacoast (Southern Maine/New Hampshire) market report for the first four months of 2026: single-family sales are down 2% while condo sales are up 23.8%. January set records with Seacoast median prices exceeding $1M and strong sales, followed by a very slow February with lower median pricing, rising inventory, and mortgage rates dipping below 6% for the first time in three years; Newcastle leads local medians at $2.25M. March saw sales declines amid rising global uncertainty, yet notable luxury sales continued, including record condo sales at Wentworth Marina. They describe two markets: $2.5M+ behaving independently, and the rest flatter but generally appreciating. Fellows updates on his deals and outlines the Hampton Beach Casino project: demolition delayed to after the 2027 summer season, with plans for a 208-room hotel, 99 luxury condos, and a larger gaming space, projecting significant disruption but future tax and rental impacts. Rice also recounts severe ice-dam damage and insurance frustrations, mentions possible future homeowner tips, and notes upcoming travel to Finland.
Contact John Rice HERE
Contact Sean Fellows HERE
Contact Michelle O'Dell HERE