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Merrimack New Hampshire Real Estate Market Report - October 2008

Merrimack NH Real Estate Market Report - October 2008

Single Family Homes Sold

The number of single family homes sold in Merrimack, NH during the month of October increased 50% from 13 sold (2007) to 20 homes sold in 2008.

The average selling price dropped from $298,566 (2007) to $277.720 in 2008. 

The average DOM (Days on Market) was increased to 108 days from 79 in 2007.

Condominiums Sold

The number of condos sold in Merrimack, NH during the month of October decreased dramatically from 15 sold (2007) to 6 units sold in 2008.

The average selling price decreased from $176,620 in 2007 to $170,217 in 2008. and the average DOM (Days on Market) increased from 68 days to 75 days in 2008. 

Overall, the market reflects an improvement in the number of properties that are selling due to lower prices and interest rates. 

For more information about Merrimack, New Hampshire real estate visit Merrimack NH Real Estate

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

Nashua NH Real Estate

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 MLS visit MA MLS

 

The information is provided through RE/MAX Country Properties, Amherst, NH (www.nhrelocation.com) and is obtained through the NNEREN MLS System.

Comment balloon 0 commentsFred Doleac • November 15 2008 02:30PM

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