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8 single family homes and one condo sold this week in Dover NH Real Estate totaling $1,908,200 in inventory sold. There are curently 212 /- homes and condos on the market so not to worry about enough inventory. 65 listings have accepted offers and 6 are pending closing. Click here to see Dover's => New Listings This Week
Three bedrooms, one bath, 2,100 sqft
Sold $160,000 72 Days on Market
Three bedrooms, two baths, 1,272 sqft.
Sold $220,000 15 Days on Market
Three bedrooms, two baths, 1,500 sqft.
attached garage, .30 acre
Sold $231,500 12 Days on Market
Three bedrooms, two baths, 1,600 sqft
Double garage under, .24 acre
Sold $232,900 308 Days on Market
Three bedrooms, two baths, 1,512 sqft.
detached double garage, 1,25 acres
Sold $240,000 254 Days on Market
Three bedrooms, three baths, 1,768 sqft.
attached double garage, .14 acre
Sold $257,900 376 Days on Market
Three bedrooms, two baths, 2,100 sqft
Sold $262,000 3 Days on Market
Three bedrooms, three baths, 2,167 sqft
attached double garage, .21 acre
Sold $379,900 55 Days on Market
Condo three bedrooms, two baths,
1,470 sqft., garage under.
Sold $164,000 64 Days on Market
First Time Home Buyers Make The Market
Home buyers have had enough of waiting for the right time to buy or move up. It is evidenced by the number of homes sold this year compared to the last three years with these statistics.
Note: Median Sales Price is said to be a better indicator of price trends because Average Sales Price can be artrificially skewed by a single transaction with an extremely high or low sales price.
The number of homes sold yearly is on a steady rise which represents buyers desire to live in a great community with great schools, vibrant businesses, fun and intersting entertainment, fabulous restaurants and a business savvy local government.
Average days on market can be an indicator of strong demand and market trends. 2010 had the least number of days on market which was artificially induced by the now expired Home Buyers Tax Credit. If I had my drothers, I'd like to think that a really healthy market would show average days on market in the 90's range but 113 average days on market still indicates the Dover NH Real Estate market is healthier than a lot of other towns.
Average Sales Price has been unusually steady and Median Sales Price has been bumping along what I would call the bottom. With demand as strong as it is, I see prices holding steady and won't fall much further if at all in the next six to 12 months. The demand will keep prices up and with interest rates as low as possible, first time buyers are coming to the market in droves. However, they are cautious and want to see everything in their price range before they make a decision and that is why Averge Days On Market is a little high for as much activity is in the market lately.
If you are on the hunt for a home in Dover NH, better get busy. Here is a look at 212 +/- homes and condos for sale => Current Dover Inventory
This report brought to you by Marty Patrizi Realtor at The Bean Group. For more information, call Marty direct 603-781-4099 or by email firstname.lastname@example.org. Click here to learn about => Marty Patrizi
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.