Amherst NH Market Update - November 2008
The October 2008 trend continues with the number of single family homes sold in November 2008 increasing from 4 (2007) to 7 in 2008. However, average selling prices continue to fall - in November 2007 ($432,500) to $408,143 in 2008.
The average days on market (DOM) increased in November of 2008 as compared to 2007 from 89 to 117.
The analysis - properties continue to sell if they are priced for the market. Indications are pointing towards a 10% reduction in average selling prices over 2007. Low interest rates and prices are bringing out the buyers.
For Amherst NH real estate information and to search Amherst homes for sale, visit Amherst New Hampshire Real Estate
To view New Hampshire real estate information for communities surrounding Amherst, NH visit New Hampshire Real Estate. To search for real estate information in other towns, visit Virtual Homes, http://www.virtualhomes.com.
If you are interested in receiving information on foreclosed properties click on Amherst NH Foreclosures.