Amherst, NH Market Report - First Quarter 2009

Amherst NH Market Report - 1/1/09-3/31/2009

First quarter market reports do not typically reflect overall market conditions as weather, the holiday season and the inability to showcase curb appeal and landscaping deter all but the most motivated from listing their properties.

The Amherst, New Hampshire real estate market remained stable in the number of units sold (20) as compared to 2008. The length of time to sell increased slightly to 146. Average selling prices increased 17% to $379,558, but it is not reflective of the trend in other towns in the area. Real estate is local, so selling prices and activity will fluctuate by community from statewide averages. Visit Hillsborough County Market Reports for first quarter statistics.

The current market conditions indicate that this is an exceptional opportunity to buy a home with historically low interest rates (4.75% fixed rates), affordable prices and a great selection of homes and condominiums. Take advantage of the FHA programs available today.

Visit New Hampshire Real Estate for community information about towns in New Hampshire. Go to NH Foreclosures to obtain listings on New Hampshire bank owned homes.

Information is provided by Virtual Homes and real estate services provide by RE/MAX Country Properties, Amherst, NH. Visit Massachusetts Real Estate to obtain relocation and school information in MA towns.

Housing and condo data was obtained from the NNEREN (Northern New England Real Estate Network), the NH statewide MLS. This information may not be accurate and does not represent all properties sold in NH.