Manchester NH Real Estate Market REPORT Feb. 13, 2023. It is the middle of February and it appears the Spring Real Estate Market IS HERE. The weather feels like spring for sure. THE MARKET IS CHANGING AGAIN, Yes you read that right, with a severe shortage of homes listed for sale and a steady amount of buyers, we are seeing lines again for showings and multiple offers on our new listings.
WILL THIS TYPE OF ACTIVITY CONTINUE THROUGH OUT THE YEAR? Let me check MY CRYSTAL BALL and see what it says. To be honest, it is impossible to know what will happen alter in the year. I DO KNOW that Spring is the busiest time of year for Real Estate Sales as Listings usually Increase greatly. It is the time we see the greatest amount of Buyers. However, right now the Buyers are here, we just need more homes to sell them. That makes now a GREAT time to List your home and have us SELL it. With so many market changes an Agents experience and skill matters the most. Let me show you there is a difference.
WAIT A SECOND - I am also hearing from some sellers who meet with other agents that they are told how slow the market is???? Well for some it is slow. However... for agents like me who do not sit and wait for things to happen, we go out and make things happen. A massive amount of agents are switching brokers. Some getting new jobs and some leaving Real Estate. This is the type of market where experience makes agents shine. Yes, there is a difference.
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Welcome to our WEEKLY wrap up from Monday to Sunday of last week
MARKET REPORT FOR Feb. 13, 2023
There are 23 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 4 New Listings this week.
There are 58 SINGLE FAMILY HOMES UNDER CONTRACT
There are 7 SINGLE FAMILY HOMES CLOSED this week.
There are 46 SINGLE FAMILY HOMES SOLD 1/1/23 TO 02/13/2023. The average SALE PRICE is $394,853 The average DAYS ON MARKET is 27.
There are 59 SINGLE FAMILY HOMES SOLD 1/1/22 TO 2/13/2022. The average SALE PRICE is $363,246 The average DAYS ON MARKET is 13.
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There are 10 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 4 New Listings this week.
There are 47 CONDOMINIUM STYLE HOMES UNDER CONTRACT:
There are 3 CONDOMINIUM STYLE HOMES CLOSED this week.
There are 23 CONDOMINIUM STYLE HOMES SOLD 1/1/23 TO 02/13/2023. - The average SALE PRICE is $235,450. The average DAYS ON MARKET is 20
There are 35 CONDOMINIUM STYLE HOMES SOLD 1/1/22 TO 2/13/2022 - The average SALE PRICE is $258,136. The average DAYS ON MARKET is 13
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There are 17 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 11 MULTI FAMILY UNDER CONTRACT:
There are 3 MULTI FAMILY HOMES CLOSED this week.
There are 15 MULTI FAMILY HOMES SOLD 1/1/2023 TO 02/13/2023. - The average SALE PRICE is $574,741. The average DAYS ON MARKET is 37.
There are 30 MULTI FAMILY HOMES SOLD 01/01/22 to 2/13/2022 The average SALE PRICE is $446,153. The average DAYS ON MARKET is 30.
* Data from NNEREN, subject to change, error or omission
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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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