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Manchester NH Condominiums - Condos Sold (August 2009)

Manchester New Hampshire Condominium Market Report

Overall market conditions continue to show a declining market in residential units sold during the month of August.

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Condominium average sales prices spiked from $164,048 to $176,774.  This is an unusual statistic for current market conditions showing a declining market.  This aberration may be due to the fact that there were only 14 units sold and they were not at the entry level.  Consumers can now consider affordable homes as a NH first-time home buyer as the median sales price for a condominiums is 73% of the median sales price of single family homes.  Financing continues to be a barrier for many condominium sales as there are more options for single family homes.

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Visit Manchester Real Estate for Sale and NH MLS to obtain information about the city and to search for current listings.  The Virtual Homes real estate portal provides access to Manchester community information, the New Hampshire MLS and foreclosed real estate services.

Go to Manchester NH Real Estate market report for 3 year comparisons of market trends.

 

Comment balloon 0 commentsFred Doleac • September 18 2009 08:34PM

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