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What is going on with the Real Estate Market in AUBURN NH?

By
Real Estate Broker/Owner with Godzyk Real Estate Services NH License 033394

 

MARKET UPDATE  and Report for AUBURN 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 55 properties for sale in AUBURN NH

* There were 16 new listings from 7/1/11 to 7/31/11, That is  5 MORE than June 2011

* There were 4 properties put under contract and 2 placed contingent for a total of 7  from 7/1/11 to 7/31/11, That is  the same amount as June 2011
 

* There were 6 properties that Closed from 7/1/11 to 7/31/11, That is  2 LESS than June 2011

TOTAL Active Listings
Count 55    
Listing Price Total $19,391,100    
Listing Price Average $352,565    
Average Days on Market 90    
Average Price Per Sqft $142


New Listings 7/1/11 to 7/31/11
Count 16    
Listing Price Total $4,771,400    
Listing Price Average $298,213


Closed Listings 7/1/11 to 7/31/11
Count 6    
Listing Price Total $1,785,400    
Listing Price Average $297,567    
Selling Price Total $1,736,000    
Selling Price Average $289,333    
List-to-Sell Variance 8,233    
List-to-Sell Percent 97%    
Average Days on Market 78


Pending Listings 7/1/11 to 7/31/11
Count 4    
Listing Price Total $1,284,700    
Listing Price Average $321,175    
Average Days on Market 136


Contingent Listings 7/1/11 to 7/31/11
Count 2    
Listing Price Total $799,800    
Listing Price Average $399,900    
Average Days on Market 90

 
 
IN CONCLUSION THE MARKET SLOWED FOR JULY WHICH IS NOT UNCOMMON GIVEN THE JULY 4TH HOLIDAY. There were more homes coming on the market than sales from June to July.

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.

 
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

Copyright 2008-2011, All rights reserved

Comments(2)

Rebecca Gaujot, Realtor®
Lewisburg, WV
Lewisburg WV, the go to agent for all real estate

Scott, nice market report for Auburn NH!

Aug 06, 2011 04:58 PM
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

Thank you for the comment Rebecca.

Aug 07, 2011 02:51 AM