
What a great visual! Anyone looking for a home in Strafford County NH may find this an interesting graphic. Durham, NH, has the highest of list prices with an average of $417,816; their average days on market runs 112 days.
Source, NNEREN 4/16/09
Cindi Couture
Better Homes & Gardens Real Estate | The Masiello Group
Barrington is a quaint, rural town located in southeast NH, with a population of approximately 8,000. Just 30 mi east of Concord, 20 mi northwest of Portsmouth and 10 mi from Dover & Rochester, you'll love the country feel with the convenience of local attractions, shopping & major routes.
Here's a snapshot of last month's market activity for single family homes;
December, 2008
Total Inventory/Homes Available = 96
# Homes Sold in December, 2008 = 11
% Sold = 11%
Absorption Rate* = 12 months
(*at this rate of activity, how long will it take to sell out of current inventory)
If you have questions, or would like to see this information for another town, please don't hesitate to call, email or text anytime!
Barrington is a quaint, rural town located in southeast NH, with a population of approximately 8,000. Just 30 mi east of Concord, 20 mi northwest of Portsmouth and 10 mi from Dover & Rochester, you'll love the country feel with the convenience of local attractions, shopping & major routes.
Here's a snapshot of last month's market activity for single family homes;
November, 2008
Total Inventory/Homes Available = 96
# Homes Sold in November, 2008 = 6
% Sold = 6%
Absorption Rate* = 12.9 months
(*at this rate of activity, how long will it take to sell out of current inventory)
If you have questions, or would like to see this information for another town, please don't hesitate to call, email or text anytime!
To sum it up, it looks like our year-to-date average sales price is off about 10% from last year in Strafford county. We've sold about 19% fewer single family homes and our average days on market has risen to 128.
Although we won't know when we've 'hit bottom' until things start to rise again, if you're a buyer in this market the opportunities are out there! There's lots of inventory to look at, prices are low and interest rates are good. Next year at this time this chart could look completely different - swaying to the UP side.
If you have questions about the buying process, or selling in this market, I'm happy to help and welcome the opportunity to assist you. Please call or email anytime.
ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
Powered by the ActiveRain Real Estate Network
© 2009 ActiveRain Corp. All Rights Reserved