Manchester NH Condominium Summer 2018 Market Listing & Sale Report

WHAT IS THE MARKET LIKE?  SHOULD I BUY OR SELL A HOME THIS SUMMER 2018? Lets look back and review the Real Estate market in the Manchester NH area THIS SUMMER. 2018 has been a wonderful year for Real Estate. Over all a very busy market that sees new listings coming on the market. 

Many ask what exactly is a condominium? I like to say it is a style of life, not just a type of building. There are different types of condos in our area. Most common is a Townhouse style with an up and down, there is Garden style with a common entrance, there is single floor, there is over 55 and there are detached condos. 

HOME SELLERS who listed with us enjoyed relatively quick sales and at great prices when they list with us.

HOME BUYERS who bought through us enjoyed getting ultra low interest rates. They got an insight of what new listing were hitting the market and used our tips to have their offers accepted and closed on their dream homes.  Interest rates bumped a little the start of August which has seen a rush of buyers who were waiting, to act now.

WHAT DO WE SEE FOR THE END 2018? During the last week, the Fed raised rates. However they had a very small affect on mortgage rates. Rates are the lowest you may see for this year. If you are thinking of selling your home, that means now may be the time to sell rather than wait . 

TODAY'S TIP: Purchase the WINDEX OUTDOOR GLASS CLEANER. Hook up to your house and spray your windows for a clean look when you are ready to sell your home. 

PLEASE CALL US FOR A FREE MARKET ANALYSIS TO SEE WHAT YOUR HOME IS WORTH

MARKET REPORT

SINGLE FAMILY HOMES 

• THERE ARE 77 HOMES LISTED FOR SALE
• THERE ARE 55 HOMES PENDING SALES
• 224 HOMES CLOSED so far in 2018 (1/1/18 to 8/4/2018)
• HOMES SOLD FOR 99% OF THE ASKING PRICE
• THE AVERAGE DAYS ON MARKET WAS 36
• THE AVERAGE SALES PRICE WAS $182,136

 * Data from NNEREN, subject to change, error or omission. Listing count as of 12/31/2017. Sales from 1/1/18 to 8/4/2018

THE SECRET OF SUCCESS and the key to having a successful purchase of sale, can increase simply by choosing a better agent. The secret is, 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.

HOME SELLERS SWEAR BY THE OLD WIVES TAIL USING A SAINT JOSEPH HOME SELLER KIT TO HELP THEM SELL THEIR HOME FASTER. IS IT WORTH A $5.40 INVESTMENT? We write about this trend in an upcoming blog.