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Prices were down, so were sales for 3rd Q in Hanover

3rd Q stats show that sales in Hanover for single family homes were down to 28 compared to same quarter of '07 with 38 sales. The average sales price of homes was also down this year, to $471,000 compared to $541,000 in '07. Days on market were elevated this year to an average of 178, from 163 same Q last year. So the opportunities are there for buyers, if they are ready! Sellers have gotten the word that to sell, they have to lower their expectations, and to listen carefully to all interested buyers.

Posted Wednesday Dec 10