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New Hampshire Third Quarter (YTD) Sales Activity

Third Quarter Sales Activity*

The current economy continues to affect the real estate market in New Hampshire, but certainly not on the levels seen in other parts of the country.  Proving that real estate is local, the sales statistics vary from town to town and county to county.

Single Family Homesales in New Hampshire

All counties in New Hampshire have experienced a decline in home values and sales activity.    Single family homes in Strafford County have lost the most value with average selling prices declining 9.1% compared to 2007.  Hillsborough and Grafton counties both had 8.7% reductions in value.  Sullivan county held most of its' value, declining only 2%, however the county experienced the greatest decline in the number of homes sold with 26.7% fewer transactions.  Cheshire county was the leader in maintaining sales with only 8.7% fewer transactions than the previous year.

CTY     YR       AVG Price       # Homes Sold

Belnap                         

            2007     $365,020          569

            2008     $336,903          448

                        -7.70%             -21.27%

Carrol                          

            2007     $328,883          579

            2008     $300,090          475

                        -8.75%             -17.96%

Cheshire                                  

            2007     $232,751          555

            2008     $224,136          507

                        -3.70%             -8.65%

Coos                            

            2007     $139,461          256

            2008     $128,958          221

                        -7.53%             -13.67%

Grafton                        

            2007     $269,638          668

            2008     $265,884          518

                        -1.39%             -22.46%

Hillsborough                             

            2007     $313,751          2517

            2008     $286,432          2134

                        -8.71%             -15.22%

Merrimack                               

            2007     $276,584          1061

            2008     $254,678          805

                        -7.92%             -24.13%

Rockingham                             

            2007     $370,132          2035

            2008     $343,813          1779

                        -7.11%             -12.58%

Strafford                                  

            2007     $267,321          870

            2008     $243,052          681

                        -9.08%             -21.72%

Sullivan                        

            2007     $241,256          363

            2008     $236,586          266

                        -1.94%             -26.72%

 

Condominium Sales in New Hampshire

Hillsborough and Rockingham counties, the most active in the state, both experienced substantial fewer transactions but Strafford county had the greatest percentage loss of sales with 40.5 fewer condos sold in 2008 versus 2007.  Of these counties, Strafford had the greatest decline in value with -6.1%

*Information are statistics reported through the Northern New England Real Estate Network (the statewide MLS system) and compare sales activity from 01/07-9/30/07 and 01/08-9/30/08.  See disclaimer.

CTY     YR       AVG Price       # Homes Sold

Belnap                         

            2007     $206,453          187

            2008     $181,776          117

                        -11.95%            -37.43%

Carrol                          

            2007     $232,325          111

            2008     $196,829          97

                        -15.28%            -12.61%

Cheshire                                  

            2007     $164,985          55

            2008     $176,199          32

                        6.80%               -41.82%

Coos                            

            2007     $113,417          6

            2008     $182,500          2

                        60.91%             -66.67%

Grafton                        

            2007     $188,013          262

            2008     $218,316          192

                        16.12%             -26.72%

Hillsborough                             

            2007     $201,902          1278

            2008     $191,678          720

                        -5.06%             -43.66%

Merrimack                               

            2007     $188,795          319

            2008     $187,586          183

                        -0.64%             -42.63%

Rockingham                             

            2007     $244,491          926

            2008     $230,253          655

                        -5.82%             -29.27%

Strafford                                  

            2007     $186,308          232

            2008     $175,044          138

                        -6.05%             -40.52%

Sullivan                        

            2007     $321,719          25

            2008     $246,691          24

                        -23.32%            -4.00%

 

Visit NH real estate community websites at New Hampshire Real Estate

To view communities in Massachusetts visit MA Real Estate and to search the Massachusetts MLS visit MA MLS and view properties through a map based search.  In other states, visit http://www.virtualhomes.com.

 

The information is provided through RE/MAX Country Properties, Amherst, NH (www.nhrelocation.com) and is obtained through the NNEREN MLS System.  Our other office, RE/MAX Innovations (www.relocationma.com) services both NH and MA.

Comment balloon 0 commentsFred Doleac • October 20 2008 09:11PM

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