A Condominium is more than just a type of home, but a "WAY OF LIFE". Home Buyers tend to prefer a condominium for their ease of living, no exterior maintenance, no lawn care or snow removal and more amenities such as a pool and club house.
NH is experiencing a high number of relocation Buyers as people move here for good jobs, low unemployment, NO Income tax and NO Sales tax.
One of the best indicators of the CONDOMINIUM Market is by looking at the MARKET REPORT from the current month compared to the previous month. We see a trend of the amount of listings coming on the market reducing as sales have stayed steady.
CONCORD NH REPORT For the period of August 2013 compared to July 2013
There was 59 Listings available For Sale
There were 22 New Listings (2 less than 7/2013)
There were 18 homes with Sale Pending. (2 less than 7/2013)
There were 12 Homes SOLD. (4 More than 7/2013)
The average Sales Price was $148,408
The percentage of asking price sold at is 98%
The average Days on Market is 114 days
*Information obtained from Nneren. Subject to errors or omissions.
The condo market has improved greatly, it offers an affordable path to home ownership. Values have increased but still remain affordable for most buyers. The low interest rates offer very low monthly payments in most cases.
There are several types of Condominiums in the area. They range from attached, to detached to garden style. They can be single level, 2 floors or 3 floors.
They include;
Town Houses which typically attached to other town homes. They usually include an up and a down and some a garage under as pictured.
Garden Style Which usually has a common entrance and units on a 1st, 2nd or 3rd floor location. It is most common to feature 1 or 2 bedrooms. Some are deluxe units and feature dining rooms. There is affordable garden style and Luxury which will be fully upgraded with amenities.
A detached condominium which is a free style building not attached to any other building. It may appear as a single family home however the lot is maintained by the HOA.
CONDEX which is one half of a duplex. It commonly offers an opportunity for home owners to do more on their own land such as garden, put up a pool and maintain their own lawns if wanted. The fees are much lower than other types of condominiums becuase you are doing your own maintenance. The shared costs are common insurance and shared building maintenance.
No Matter the style, if you have questions on Buying a Condominium or currently own one you want to sell. Contact me today.
You should know that All Agents are not created equal and every buyer or seller should take the time to hire the BEST not just the biggest. I leave you with now infamous philosophy, which is simple, to provide more personal and professional service to guide my clients through each step of the buying or selling process.
Our TOP TIPS IF YOU WANT YOUR HOME SOLD IN TODAY'S MARKET
1. CHOOSE THE RIGHT LISTING AGENT: As a home owner in this market you need every advantage you can to get your home sold. It starts with choosing the right agent.
a. Ask for a Full time agent whose sole job is to sell homes.
b. Ask for a Full service agent who will guide you through each step of the selling process. Discount brokers often equal discount services.
c. Ask for a Local agent who knows your neighborhood and is readily available when you need them is a must. Out of town agents can leave you high and dry in your time of need.
d. Ask for a well experienced Listing Agent can give you the advantages you need when selling your home. Not all agents are created equal. Choose only the best.
2. Ask to PRICE THE HOME CORRECTLY: One of the most important things that can help you sell your home is pricing it right. . List prices need to be priced at or near market value. The simple truth is over priced listings are one of the only segments of the market that are not selling. A great agent will study the recent sales, study what is on the market and use trends and comparable homes to place a value on your property.
3. Ask for an agent with a great marketing program - GETTING A BUYER TO SEE YOUR LISTING: Before anyone can view your home, they have to know it is for sale. Using an agent with an extensive marketing and advertising program is the best start to get your home the exposure it needs and deserves. Some agents whose sole marketing plan is placing a sign in your yard and placing the home in MLS is not a sound marketing plan.
IN CONCLUSION: There is a lot of behind the scenes work going on to get a house on the market, marketed, get an offer, go through the buyers mortgage process, appraisal, inspections and get to the closing of the home. If you did not notice most of these steps, I did a great job.With the decrease in Listings, there is pressure on Listing Agents to provide more service. For agents who have been providing a great service to their clients throughout the last 4-5 years they are being rewarded as home sellers and buyers talk, they let each other know who did the great job or who dropped the ball. As you see it is no accident a home sells. It is through the hard work of the agent.
If you are looking to SELL a property in NH, you can choose ME. I strive to offer the best in personal and professional service through EACH step of the SELLING process..
It does not take magic to turn your "For Sale" sign into a "Sold" sign. it takes a full time Local Agent who specializes in Listing homes like yours.
If you are thinking of buying a Home please contact us. Get a free pre-qualification along with some of the BEST CUSTOMER SERVICE through each step of the Buying Prices.
Please call for a FREE MARKET ANALYSIS to know what the value of your home is.
WE STRIVE TO PROVIDE THE BEST POSSIBLE SERVICE THROUGHOUT EACH STEP OF THE LISTING AND SELLING PROCESS!!!
If you need to sell your home and you owe more than your house is worth, i may be able to help. I specialize in working with home owners to get your home sold. There are many options such as a short sale which may be able to help you.
Please try and avoid out of state or out of town agents and companies that make "out of this world promises". We are local agents with experience who never charge any up front fees.
We are local agents with experience who GET RESULTS!!!
We stand by you through every step in selling your home..
About the Author: Scott Godzyk is the Owner/Broker of the Godzyk Real Estate Services in Manchester NH. With 28 years of experience, Scott is a leading Agent for Listing and Selling Homes in this area. To CONTACT Scott Godzyk please call 603.661.2121 or EMAIL: Sctprop@aol.com . We are Full Time Agents ready to serve all of your Real Estate needs through each step of the buying and Selling process. We are proud to be locally owned and operated.
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