Market Notables
The number of homes sold in the area was up from October. This is a trend of increasing sales at a time of year when we usually see decreases in sales.
Single family home sales through the 30th of November 2006 were down 21% from the same period last year. Single family home sales in the month of November were down only 7.6% from last November. (Recall that sales in October were off 38% from a year earlier, so this is an improvement.)
The number of single family homes on the market was down in November to 768 homes. This is a decrease in the supply of homes of 8.5%. Again this is an improvement to the market condition.
The average selling price of a home in November was $347,267. Although this is a decrease from a year earlier it is the result of a decrease in size of the average size home sold. See the chart below.
This data is based on information from the Northern New England Real Estate Network for the periods shown for the towns of Amherst, Bedford, Brookline, Francestown, Greenfield, Greenville, Hollis, Lyndeborough, Mason, Merrimack, Milford, Mont Vernon, Temple, and Wilton.
Visit www.souheganhomes.com for a complete homes sales report for the Amherst New Hampshire Area
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