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hanover nh: 2008 Uppver Valley Market Update - 01/17/09 07:47 PM
Upper Valley Market Update
By Gerry Stark
01/15/2009
2008 Trends
The number of home sales throughout NH dropped by 20% from 2007 and the Upper Valley followed suit with a 17% drop. However, with its low unemployment and stable economy the Upper Valley should be one of the first areas to rebound. Even though Forbes Magazine listed Lebanon, NH as one of the "Most Least Vulnerable Towns to be hit by the downturn" we are not completely out of the woods yet. Statewide the average sales price dropped about 8%. The good news is, in the Upper Valley we actually … (1 comments)
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hanover nh: How's the market doing? - 08/07/08 08:36 PM
I was pleasantly surprised after completing a market survey as of July 31, 2008. The average sales price in the 20 or so Upper Valley communities that we look at has actually gone up 6% as compared to the same time period in 2007. Also, the median sales price, a much more realistic number has also gone up 13%. The time it takes to sell a home is continuing to rise resulting in an increase in inventory however that seems to be easing as the number of single family residential homes sold is up 7%.
This seems like really good … (2 comments)
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Gerry Stark
Lebanon,
NH
More about me…
REMAX Upper Valley
Address: 120 South Main Street, West Lebanon, NH, 03784
Office Phone: (603) 298-8900
Cell Phone: (603) 252-2934
Email Me
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