I though I would give you a quick, Meredith, NH Market Update for the month as the summer is beginning it's wind down.
As of today, August 16th, 2010, Active Listings stand at 269 units with an average price of $516,133.00 The average Days on Market are 212 days with an average price per square foot of $248.00. There are currently 12 listings in contingent status with an average price of $465,725.00 and Average Days on Market of 335 days. There were 42 new listings in the last 30 days with an average price of $405,030.00.
In the last 30 days, there were only 6 closed listings in Meredith. The average listing price of these closed transactions was $323,242.00 totaling $1,824,400.00 in total transactions. The average selling price of these 6 transactions was $304,067.00 giving us a list to sell variance of $19,175.00 or 94%. Average Days on the market for these 6 transactions was 210 days.
So, there you have a snapshot of the Real Estate Market in Meredith, NH for the last 30 days. If you’re thinking of buying, it is a great time to do so, the rates are still very low with 30 yr. fixed rates under 5% and inventory is still strong with lots of great homes to look at. If you’re thinking of selling, you should really think about getting your home on the market now to take advantage of the strong Fall selling season combined with the good rates and strong buyer activity.
You can view all of the listings in Meredith on my website at www.lakesregionnhhomes.com/listings/areas/633/ where you will find over 200 current listings in the 03253 zip code. Or, give me a call at 603-253-4345 and I will be glad to assist you.
Have a great day!
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