Manchester NH Real Estate Market REPORT Dec. 19, 2022. The amount of single family homes coming on the market has decreased once again last week leaving some of the lowest inventories of the year. Meanwhile the Amount of new Condo listing tripled last week. The amount of buyers remained strong for this time of year.
WE ARE SEEING ON BIG CHANGE IN THE MARKET THAT NO ONE IS TALKING ABOUT - That would be HOME INSPECTIONS. A short 2 months ago they were unheard of as there was far many more buyers than sellers. Buyers waived them to even have a chance to get their offers accepted. With the slow down, buyers are not only having home inspections, but asking for everything to be fixed including the kitchen sink in some cases. HOWEVER, the response from sellers is not always what the Buyer expects. There is still a shortage of homes for sale. There are less buyers, but there are plenty of buyers for homes in the best areas and in best condition. Sellers are saying NO to these crazy lists of inspections and moving on to the next buyer with the original buyer left asking what the.......? THE KEY is getting sellers ready for an inspection before listing the home and getting buyers ready to how to respond to- an inspection. They key words are issues that can not be seen by the naked eye.
You as a consumer have a choice and before rushing into hiring just anyone. You should know that not all agents are created the same. Experience matters more than ever as the market changes. Knowing what to expect next. Knowing how to approach these changes. Knowing how to better guide you as a buyer or seller through these changes matters and comes with experience. Hiring an experienced agent like me who can navigate the market changes with you should be a must. There are so many agents. SO many new agents and so many who have not ever experienced a market change in the last 10 years. Listing with a well experienced agent matters and it should matter in your choice of who you hire.
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Welcome to our WEEKLY wrap up from Monday to Sunday of last week
MARKET REPORT FOR Dec. 19, 2022
There are 35 SINGLE FAMILY HOMES FOR SALE: The average Listed priced home is $465,298. The lowest priced home is $199,000. The highest priced home is $843,900. The average DAYS ON MARKET is 38
There were 5 New Listings this week.
There are 67 SINGLE FAMILY HOMES UNDER CONTRACT
There are 14 SINGLE FAMILY HOMES CLOSED this week.
There are 770 SINGLE FAMILY HOMES SOLD 1/1/22 TO 12/19/2022. The average SALE PRICE is $403,550 The average DAYS ON MARKET is 13.
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There are 23 CONDOMINIUM STYLE HOMES FOR SALE: The average priced home is $289,930. The lowest priced home is $144,900. The highest priced home is $750,000. The average DAYS ON MARKET is 29
There were 6 New Listings this week.
There are 24 CONDOMINIUM STYLE HOMES UNDER CONTRACT:
There are 7 CONDOMINIUM STYLE HOMES CLOSED this week.
There are 401 CONDOMINIUM STYLE HOMES SOLD 1/1/22 TO 12/19/2022 - The average SALE PRICE is $267,627. The average DAYS ON MARKET is 13
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There are 13 MULTI FAMILY HOMES FOR SALE: The average priced home is $624,670. The lowest priced home is $315,900. The highest priced home is $3,589,000.
There are 24 MULTI FAMILY UNDER CONTRACT:
There are 4 MULTI FAMILY HOMES CLOSED this week.
There are 270 MULTI FAMILY HOMES SOLD 01/01/22 to 12/19/2022 The average SALE PRICE is $505,438. The average DAYS ON MARKET is 22.
* Data from NNEREN, subject to change, error or omission
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TODAY, LETS TALK ABOUT "WE PAY CASH FOR YORU HOME". If you need to sell your property fast, there is help. Do not call the we pay cash for your home people and expect to get full price. To get the most for your property let us help you. We can look at the property and give you the value of a quick sale vs the value selling it traditionally. There are situations where you need need to close in 30, 14 or even 7 days to hold off a foreclosure most often. We can assist with that as well bring cash buyers to your house where they each make their highest and best offer often getting you much more for your home than just 1 offer. Estates, Foreclosure, Divorce, sickness and estates, we can help you with all of them.
DOES IT MATTER WHICH REALTOR I USE? The short answer is YES. It matters. There is great difference from one agent to agent another though. All agents are not created equally. Bigger is not better. Experience matters. Choose the Best agent not the biggest. Choose experience over not experienced. Choose Local over National. Please support locally owned businesses and chose us, your home town Realtor for 37 years who offers some of the most personal and professional service there can be. We stand by you through each step of the buying or selling process. Let me show you there is a difference from one agent to another.
The amount of homes in Foreclosure has risen. If you are behind in your mortgage you have choices right now. We can explain what options may be available to you if you are behind in your mortgage. We also have an increase in divorce listings and Estate sales.
The SECRET to 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.
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 37 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.
You can search for Manchester area Homes For Sale by going to www.ScottSellsNH.com
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