Weekly Real Estate Report For Dover NH 9-22-2012
Dover NH saw one single family and one condo sold this week. Eight new listings came to the market and there are 34 properties pending closing.
Congratulations to the sellers and buyers who came together this week.
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More People Moving Up In Dover NH
Dover NH has experienced 48% increase in sales year to date of single family homes over last year and it's easy to understand why. Dover NH is a great place to live and interest rates are in the high 3's to low 4's. Dover NH average sales price was $256.000 in 2009 and so far in 2012 average price is $262,000. That's a 2.3% increase which is relatively low compared to the increase in sales.
Dover NH Median Sales Price Is A Better Indicator
It is said that Median Sales Price is a better indicator of price trends because Average Sales Price can be artificially skewed by an extremely low or high sales price. Median Sales Price is the price in the middle of the data with half of all transactions having a price being above this price and half being below. Median Sales Price year to date is $251,300 with same period in 2011 being $232,500. That's an increase of 8%.
Dover NH Could Be The Hottest Market In New Hampshire
Here are some more interesting statistics for Dover NH: In 2009 298 new listings came to the market while 134 listings sold equals 45% new listings to sold listings ratio. 2010 new/sold ratio 41%. 2011 ratio 44%. 2012 new vs sold ratio is 61%.
Are You On The Hunt For Dover NH Real Estate?
Better get in the market now before an increase in interest rates and a rise in home prices erodes your purchase power. Click here to search all homes on the market today => Free MLS Access
This Report Brought To You By Marty Patrizi Realtor At The Bean Group
For more information, Marty can be reached direct at 603-781-4099 or by email marty.patrizi@beangroup.com. See what Marty's clients are saying => Testimonials
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