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New Hampshire Real Estate Market Report - 2009, Second Quarter

New Hampshire Market Reports - 2009, Second Quarter (YTD)

The single family statistics show a decline of average selling prices from $287,470 to $237,819 (-13%) with condominiums falling from $204,159 to $177,437.  The first quarter of 2009 was one of the worst real estate markets on record and will affect the overall averages in 2009.  

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The number of transactions sold remained steady with a small decline of 4% and DOM (days on market) increased slightly to 141.  Sales are expected to continue at this level for 2010.

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Condominium sales in New Hampshire declined from 1346 transactions in 2008 to 1097 in 2009.  There was a dramatic drop in average sales prices from $204,159 to $177,437 which is attributed to the foreclosure market.

Quarter by quarter comparisons will provide a more accurate representation of current market conditions.  Visit New Hampshire Real Estate 2009 market report for a complete analysis.  Virtual Homes Real Estate agents will provide you with a specific market report of your town and a complimentary market analysis of your home.

Comment balloon 0 commentsFred Doleac • July 08 2009 03:20PM

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