January 2010 sales numbers are finally in. On a national level they are not great, locally they are not bad.

Home sales dropped 7.2% from December to January but the good news is January 09' to January 10' sales were up 11.5%
I see this as a positive number as inventory seems to be declining also.

As for the Northeast, existing-home sales fell 10.9 percent to an annual pace of 820,000 in January but are 22.4% above a year ago. The median price in the Northeast was $245,300, a gain of 8.8% from January 2009. When prices start to go up that is never a bad thing.

On a more local basis. January was a so much better this year than last. In the Eastman Community there were 5 home sales in Jan. 10' vs. 0 home sales in Jan. 09'. There were also 2 condo sales this January vs. 0 units sold in 09'

Statistically these numbers are staggering but I think they are way to unrealistic to put percentages on them. Here's something to consider though. It took, starting Jan. 1st through May 31st to get a total of 10 home and condo sales in Eastman last year. Are we going to have a better year than last. I believe so! Will prices start to increase? That, I do not anticipate. There is just to much inventory on the market for prices to increase. Price stabilization? Maybe... it will depend on weather we sell 40 units or 60 units.  If we get into the 60's for total unit sales that would help to cut the inventory, which will help pricing power.

For New Hampshire State, Merrimack and Sullivan County sales stats go to:

http://eastmanrealestate.net/2010/03/01/eastman-home-sales-vs-national-home-sales-jan-10/

 

Eastman Real Estate
03/01/2010
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It's been a while since my last ActiveRain blog post. I haven't forgotten about blogging I've just been writing on www. eastmanrealestate. net My new blog focuses on the amazing community Eastman NH. Although I list and sell properties in a area… more
Housing Market Turning?
08/30/2009
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Some of you may have read the blog I wrote about a month and a half ago stating that there was statistical proof that the housing market might have bottomed back in March. Since that blog there has been more and more evidence and positive news… more
New Listings in Eastman
08/04/2009
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There are some great new listings in Eastman. Two of them are land listings. A residential lot with 2. 75 acres, over 200 feet of road frontage and 500′ plus side depth, gently up-sloping for an elevated home site. This home site can get… more
Eastman South Cove Activity Center
08/04/2009
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The Eastman Community now has an incredible building that everyone can be proud of. The new South Cove Activity Center has opened and I’ve heard nothing but great reviews! From the updated computer/phone system, WiFi, activity rooms and… more
Housing Market Bottom in New Hampshire?
07/30/2009
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Did we see a housing market bottom? From the stats I am seeing we just might have seen it. Our MLS system (Multiple Listing Service) after every month sends us statistics that go back 4 years. By going back that far it takes out the unusual… more
Living Green Conservation Tips
07/22/2009
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Here is a list of ideas that can help with conservations efforts. It really is amazing how we can over look even abuse our natural resources because we take them for granted. If we all do a little the savings will be huge! Don't let the water… more
Living Green- Part Three
07/13/2009
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I covered low and medium cost ideas you can do to a home in previous blogs. Ideas for small life style changes that can make a big difference were also included. Here are some higher cost ideas for living green that have a longer time horizon to… more
Eastman Real Estate Trends
07/02/2009
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The Eastman New Hampshire Real Estate market for the first half of the year (2009) was an interesting one. Some days I thought would never end and other days I was so busy I could hardly keep up with all the phone calls, emails and showings. I… more
Going Green: Medium Cost Tips
06/21/2009
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Here is a list of ideas that my cost a little bit more than the tips provided in my previous blog but these ideas can make a big difference to all home owners. Energy savings or healthier living, it all good. Conduct an energy audit. Tune… more
 

Jeff Adie GRI, NAR Green Designation

Grantham, NH

More about me…

Country Houses Real Estate

Address: 18 Pioneer Pt, Grantham, NH, 03753

Office Phone: (603) 863-7537

Cell Phone: (603) 568-0609

Email Me

Keeping you updated on the Eastman, Grantham, New London, Lake Sunapee Real Estate markets.


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