Manchester NH Condominium 2018-2019 Market Listing - Sale Report

What is the Real Estate Market like for Condominiums this New Year? Should I Buy or Sell a home in 2019? Join me as a power up my CRYSTAL BALL. Lets look back and review the Real Estate market in the Manchester NH area. 2018 was a wonderful year for Real Estate. Over all a very busy market that saw a shortage of homes for sale in some markets. 

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. Please feel free to contact us with any questions on the condominium style of life.

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

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 out tips to have their offers accepted and close don their dream homes. 

WHAT DO WE SEE FOR 2019? Most important, is Interest rates. Last week they went down despite the Fed raiseing their rate. Rates are the lowest you may see for this year as we do expect an increase again in the spring. If you are thinking of selling your home, that means now may be the time to sell rather than wait . 

BUY NOW and be ready to plant your SPRING FLOWERS AND VEGETABLES in your new yard.  This great town is known for large yards, room enough for a NEW SWING SET.

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

MARKET REPORT

• THERE ARE 59 HOMES LISTED FOR SALE 
• THERE ARE 24 HOMES PENDING SALES
• 403 HOMES CLOSED in 2018
• HOMES SOLD FOR 99% OF THE ASKING PRICE
• THE AVERAGE DAYS ON MARKET WAS 34
• THE AVERAGE SALES PRICE WAS $182,619

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

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.