Real estate blog entries tagged with market update by Fred Doleac

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Home : Blogs : Fred Doleac, Real Estate in a Virtual World : Real Estate in a Virtual World : Tag "market update"

market update: Amherst New Hampshire Market Report - November 2008 - 12/05/08 04:43 PM

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.
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