If you have thought about buying or selling a home, the virus sure may have thrown a monkey wrench into your plans. What is going on has inspired many questions on how is the Manchester NH Real Estate market?
I love the questions. I love talking to people who are not sure. There are far too many people who are getting mix messages from th einternet and the media. Today I break down the market and answer some of these questions.
#1. Real Estate is essential in NH. We are open and can help.
#2 YES, there are buyers looking for homes right now.
#3 The question of what pre-cautions we are taking is great one. We see people who are scared to death and those without fear.
A. If you list your home, yes, people have to be able to see it to buy it.
B. We limit showings to those only pre-qualifed.
C. We ask everyone to wear a mask and fresh gloves.
D. There are no open houses. We use virtual tours.
E. We ask the seller to put on all the lights and open all the doors.
The best part about the process is that we outline all your options. The pros, cons and what will make you feel comfortable. We do have sellers who just do not want anyone in their homes. That is ok. We can wait for when the virus passes. Having a seller who is comfortable and safe is a high priority.
Lets take a look at what the market has been doing.
MARKET REPORT
April 25, 2020
- There are 53 SINGLE FAMILY HOMES FOR SALE: The average Listed priced home is $339,510. The lowest priced home is $99,900. The highest priced home is $657,900.
- There were 7 New Listings this week. (3 LESS than last week)
- There are 106 SINGLE FAMILY HOMES UNDER CONTRACT:
- There were 6 New Pending Sales this week. (3 LESS than last week)
- There are 18 SINGLE FAMILY HOMES SOLD & CLOSED this week.
- There are 207 SINGLE FAMILY HOMES SOLD 1/1/20 TO 4/27/20: The average SALE PRICE is $258,562 The average DAYS ON MARKET is 47.
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- There are 36 CONDOMINIUM STYLE HOMES FOR SALE: The average priced home is $265,205. The lowest priced home is $85,000. The highest priced home is $515,000.
- There were 5 New Listings this week. (1 MORE than last week)
- There are 17 CONDOMINIUM STYLE HOMES UNDER CONTRACT:
- There were 5 New Pending Sales this week. (4 MORE than last week)
- There are 6 CONDOMINIUM STYLE HOMES SOLD & CLOSED this week.
- There are 95 CONDOMINIUM STYLE HOMES SOLD 1/1/20 TO 4/27/20: The average SALE PRICE is $189,771. The average DAYS ON MARKET is 58.
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- There are 24 MULTY FAMILY HOMES FOR SALE: The average priced home is $337,717. The lowest priced home is $110,000. The highest priced home is $2,690,000.
- There are 27 MULTY FAMILY UNDER CONTRACT:
- There are 4 MULTY FAMILY HOMES SOLD/CLOSED this week.
- There are 62 MULTY FAMILY HOMES SOLD 01/01/20 to 04/20/20: The average SALE PRICE is $301,802. The average DAYS ON MARKET is 45.
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* Data from NNEREN, subject to change, error or omission
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 who listed their homes with us have been enjoying relatively quick sales at great prices. There is no need to wait until spring if you want to sell your property.
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.
PLEASE CALL US FOR A FREE MARKET ANALYSIS TO SEE WHAT YOUR HOME IS WORTH.
To CONTACT Scott Godzyk please call 603.661.2121 or EMAIL: Sctprop@aol.com .
About the Author: Scott Godzyk is the Owner/Broker of the Godzyk Real Estate Services in Manchester NH. Proud to be locally owned and operated with 34 years of experience, Scott is a leading Agent for Listing and Selling Homes in this area.We are Full Time Agents ready to serve all of your Real Estate needs. Servicing Hillsborough, Rockingham, Merrimack and Belknap counties.
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