MARKET UPDATE  and Report for HOOKSETT NH for June 2011 compared to July 2011

During a recent in depth conversation with a reporter, they said they see all sort of market reports but what do they all mean. I wanted to take the stats and break them down for you. So sit down and enjoy them a please email me any questions on my report or buying or selling a home in New Hampshire.



* Currently there are 132 properties for sale in HOOKSETT NH

* There were 38 new listings from 7/1/11 to 7/31/11, That is  1 LESS than June 2011

* There were 10 properties put under contract and 24 placed contingent for a total of 34  from 7/1/11 to 7/31/11, That is  5 LESS than June 2011
 
* There were 5 properties that Closed from 7/1/11 to 7/31/11, That is  8 LESS than June 2011


Active Listings 7/1/11 to 7/31/11
Count 132    
Listing Price Total $29,828,135    
Listing Price Average $225,971    
Average Days on Market 96    
Average Price Per Sqft $120



New Listings 7/1/11 to 7/31/11
Count 38    
Listing Price Total $8,786,900    
Listing Price Average $231,234



Closed Listings 7/1/11 to 7/31/11
Count 5    
Listing Price Total $1,363,650    
Listing Price Average $272,730    
Selling Price Total $1,358,795    
Selling Price Average $271,759    
List-to-Sell Variance 971    
List-to-Sell Percent 100%    
Average Days on Market 46


Pending Listings 7/1/11 to 7/31/11
Count 10    
Listing Price Total $2,124,000    
Listing Price Average $212,400    
Average Days on Market 84


Contingent Listings 7/1/11 to 7/31/11
Count 24    
Listing Price Total $4,564,300    
Listing Price Average $190,179    
Average Days on Market 83




 
 
IN CONCLUSION THE MARKET SLOWED FOR JULY WHICH IS NOT UNCOMMON GIVEN THE JULY 4TH HOLIDAY. There were less homes coming on the market and unfortanately less sales for homes closed in July than June. Inventory though is down. That is certainly good news for sellers of homes in the area.

For buyers now is indeed the time to act, a buyer can easily get pre-qualified for a mortgage at no cost by meeting with a local and trusted mortgage broker or bank. Please see my blog for tips on getting a mortgage.


Prices are still low and interest rates are still near all time lows.

Bank owned homes continue to be great values. Please see my blog with a full list of tips and advice for buying a bank owned home.





If you are interested in buying or selling a home in New Hampshire, please feel free to contact us on how we can help you.

Please see the statistics for MANCHESTER NH FOR JUNE 2011 VS July 2011

http://www.trulia.com/blog/scott_godzyk/2011/08/what_is_going_on_with_the_real_estate_market_in_manchester_nh
This update from Nneren is based on sales of sfr, condos, mobile homes and multy family homes for 7/1/11 to 7/31/11and is subject to errors, omissions or changes.

ONE OF NEW HAMPSHIRE'S LEADING IN DEPENDANT REAL ESTATE BROKERS

Updated  August 6, 2011

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Scott Godzyk, One of Manchester NH's Leading Agents

Manchester, NH

More about me…

Godzyk Real Estate Services

Address: pob 4783, Manchester, NH, 03108

Office Phone: (603) 661-2121

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Scott Godzyk is the Owner/Broker of The Godzyk Real Estate Services located in Manchester NH. With 25 years of Real Estate experience Scott specializes in Listing and Selling Bank Owned Homes, Short Sales, Residential Properties, Condominiums, New Construction and Investment Properties. Scott services the counties of Hillsborough, Merrimack, Rockingham and Belknap. To contact Scott Godzyk please call 603-661-2121 or email sctprop@aol.com. his website is www.ScottSellsNH.com.


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