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Nashua New Hampshire Real Estate Market Report

Nashua NH Real Estate Market Report - October 2008

Single Family Homes Sold

The number of single family homes sold in Nashua, NH during the month of October decreased from 40 sold (2007)to 37 homes sold in 2008.

The average selling price increased from $284,844 (2007) to $298,379 in 2008. 

The average DOM (Days on Market) was comparable with 106 days to 103 in 2007.

Condominiums Sold

The number of condos sold in Nashua, NH during the month of October increased dramatically from 24 sold (2007) to 44 units sold in 2008.

The average selling price remained constant in the $209,000 range, however the average DOM (Days on Market) increased sharply from 79 days to 129 days in 2008.  This statistic indicates the number of short sales and foreclosures that are selling which take much longer to close due to the approval process by the lender. 

Overall, the market reflects an improvement in the number of properties that are selling and the values have stabilized and if trends continue the market may indicatethat we saw the bottom this summer. 

For more information about Nashua New Hampshire real estate visitNashua NH Real Estate

To view real estate market reports for towns around Nashua visit:

Hollis NH Real Estate

Amherst New Hampshire Market Report

Bedford New Hampshire Real Estate Report

Visit other NH real estate community websites at New Hampshire Real Estate

To view communities in Massachusetts visit MA Real Estate and to search the Massachusetts MLSvisit MA MLS

Comment balloon 1 commentFred Doleac • November 14 2008 11:47AM

Comments

Good report Fred.  I created one for Concord and Lincoln and posted.

Posted by Douglas Carson, Realtor (Coldwell Banker Residential Brokerage) about 12 years ago

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