Merrimack, NH

Merrimack New Hampshire Real Estate Market Report December 2009 for Single Family Homes

In the 4th quarter of 2009 there were 47 homes that closed in Merrimack New Hampshire. This is a increase of 10 homes, as there were 37 homes that closed in the 4th quarter of 2008.

The Average list price for the homes that closed in Merrimack for the 4th quarter of 2009 was $214,900.

The Average list price for the homes that closed in Merrimack for the 4th quarter of 2008 was $259,900.

The Average sale price for the homes that closed in Merrimack for the 4th quarter of 2009 was $215,000.

The Average sale price for the homes that closed in Merrimack for the 4th quarter of 2008 was $250,000.

The Average Market time for the homes that closed in Merrimack in the 4th quarter of 2009 was 57 days.

The Average Market time for the homes that closed in Merrimack the 4th quarter of 2008 was 76 days.

January - December 2008 & 2009 Market Statistics for Merrimack New Hampshire

In Merrimack NH for the period of January to December of 2009 there were 205 homes sold.

In Merrimack NH for the period of January to December 2008 there were 160 homes sold.

In Merrimack NH for the period of January to December in 2009 the average list price was $254,900 the average sale price was $250,000 and the average market time was 60 days.

In Merrimack NH for the period of January to December in 2008 the average list price was $259,900 the average sale price was $250,000 and the average time on the market was 80 days.

** The above statistics are for single family homes only and do not include condos or multi family homes in Merrimack NH.
** The 4th quarter is defined as the period between 10-01-2009 and 12-31-2009.

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This Merrimack NH Real Estate market report is provided by Jim Miller. Jim can be reached via email at Jim@JimSellsNH.com or by phone at 603-801-3987. Jim has been helping buyers and sellers of NH properties buy and sell homes and condos for 10 years.

For your New Hampshire and Merrimack NH Real Estate, homes and property search visit Merrimack NH Real Estate.

More information about the Town of Merrimack NH and to view current listings.

Search the complete NH MLS for homes and condominiums

Southern NH adult community homes and condos

Merrimack FHA and VA approved condominiums and townhomes

Nashua NH condominiums and townhomes for sale

Jim services all of Southern New Hampshire including the towns of Amherst, Bedford, Brookline, Hollis, Hudson, Litchfield, Londonderry, Mason, Merrimack, Milford, Mont Vernon, Nashua, Pelham and Windham.

Jim is a licensed real estate agent and Realtor in New Hampshire and Massachusetts with Coldwell Banker Residential Brokerage.

Merrimack New Hampshire Real Estate Market Report December 2009 for Condominiums and Townhomes

In the 4th quarter of 2009 there were 32 condominiums and townhomes that closed in Merrimack New Hampshire. This is a increase of 5 condos, as there were 27 condos that closed in the 4th quarter of 2008.

The Average list price for the condominiums and townhomes that closed in Merrimack for the 4th quarter of 2009 was $163,950.

The Average list price for the condominiums and townhomes that closed in Merrimack for the 4th quarter of 2008 was $170,000.

The Average sale price for the condominiums and townhomes that closed in Merrimack for the 4th quarter of 2009 was $161,000.

The Average sale price for the condominiums and townhomes that closed in Merrimack for the 4th quarter of 2008 was $161,500.

The Average Market time for the condominiums and townhomes that closed in Merrimack in the 4th quarter of 2009 was 64 days.

The Average Market time for the condominiums and townhomes that closed in Merrimack the 4th quarter of 2008 was 78 days.

January - December 2008 & 2009 Market Statistics for Merrimack New Hampshire

In Merrimack NH for the period of January to December of 2009 there were 130 condominiums and townhomes sold.

In Merrimack NH for the period of January to December 2008 there were 111 condominiums and townhomes sold.

In Merrimack NH for the period of January to December in 2009 the average list price was $159,950 the average sale price was $154,750 and the average market time was 79 days.

In Merrimack NH for the period of January to December in 2008 the average list price was $175,300 the average sale price was $170,900 and the average time on the market was 81 days.

** The above statistics are for condominiums and townhomes only and do not include single family homes or multi family homes in Merrimack NH.
** The 4th quarter is defined as the period between 10-01-2009 and 12-31-2009.

__________________________________________________________________________________________________

This Merrimack NH Real Estate market report is provided by Jim Miller. Jim can be reached via email at Jim@JimSellsNH.com or by phone at 603-801-3987. Jim has been helping buyers and sellers of NH properties buy and sell homes and condos for 10 years.

For your New Hampshire and Merrimack NH Real Estate, homes and property search visit Merrimack NH Real Estate.

More information about the Town of Merrimack NH and to view current listings.

Search the complete NH MLS for homes and condominiums

Southern NH adult community homes and condos

Merrimack FHA and VA approved condominiums and townhomes

Nashua NH condominiums and townhomes for sale

Jim services all of Southern New Hampshire including the towns of Amherst, Bedford, Brookline, Hollis, Hudson, Litchfield, Londonderry, Mason, Merrimack, Milford, Mont Vernon, Nashua, Pelham and Windham.

Jim is a licensed real estate agent and Realtor in New Hampshire and Massachusetts with Coldwell Banker Residential Brokerage.

Merrimack, NH Market Activity - Single Family Homes YTD (10.31.09)

Market Snapshot

Single Family Homes - There are 97 homes on the market with an average listing price of $343,952. These homes have been on the market for an average of 97 days. For sales pending, there are 18 homes under contract with an average listing price of $254,806 and an average days on market of 102. To view current listings on the market with a mapped based result, visit Merrimack NH Homes for Sale.

The October statistics report 175 homes sold with an average sale price of $269,668.

Virtual Homes Real Estate provides search tools to assist you in learning about the community, listing and market conditions. Click on the following links for your choice of services:

Merrimack NH Real Estate - Community, relocation and school information with town demographics.

Merrimack NH Foreclosures - Obtain a list of foreclosed and bank owned real estate and short sales

Merrimack NH MLS Search - View all listings in the statewide MLS.

Merrimack NH Homes for Sale - Map Search - Search by location, neighborhood and commuting.

Vist NH Homes for Sale and MA Homes for Sale for direct MLS access to all listings. To obtain school, demographic, commuting, relocation, home buying and selling information go to New Hampshire real estate, Massachusetts real estate, Connecticut real estate, Maine real estate andRhode Island real estate.

This report is based on activity reported from the NNEREN mls system and is not guaranteed to be accurate. It does not represent all of the listings that have sold during the specified time frame.

Merrimack, New Hampshire Market Update - Condominium Activity in 2009

Merrimack NH Condos

At the end of October, there were 63 active listings with an average list price of $192,087 and a DOM of 130 days. 7 units were under contract with an list price average of $184,386 and a DOM of 68. The condominium market continues to soften as FHA financing and lending underwriting guidelines make it more difficult for the first-time home buyer to qualify. These buyers will choose to purchase a single family home (if they qualify) due to favorable pricing and interest rates.

In 2009 there have been 108 condos closed with an average price sales price of $153,269. This is a substantial drop (-20%) from 2008. The entry level condominiums are typically financed with low down payments (FHA financing) and many condo developments do not qualify. This is contributing to the decline in the market.

Visit the New Hampshire Homebuying Guide for information to assist you in the process of finding, financing and buying a home.

Virtual Homes Real Estate provides search tools to assist you in learning about the community, listing and market conditions. Click on the following links for your choice of services:

Merrimack NH Real Estate - Community, relocation and school information with town demographics.

Merrimack NH Foreclosures - Obtain a list of foreclosed and bank owned real estate and short sales

Merrimack NH MLS Search - View all listings in the statewide MLS.

Merrimack NH Homes for Sale - Map Search - Search by location, neighborhood and commuting.

Vist NH Homes for Sale and MA Homes for Sale for direct MLS access to all listings. To obtain school, demographic, commuting, relocation, home buying and selling information go to New Hampshire real estate, Massachusetts real estate, Connecticut real estate, Maine real estate and Rhode Island real estate.

This report is based on activity reported from the NNEREN mls system and is not guaranteed to be accurate. It does not represent all of the listings that have sold(FSBO) during the specified time frame.