Manchester NH Real Estate Market REPORT March 27, 2023. The end of March is here and the Spring Real Estate Market continues to pick up. New Listings are increasing and The amount of buyers is still strong and steady. The newest trend though is homes under contract falling through. It cots money and time for both the Buyer and Seller. Mortgages once pre qualified now being denied. Appraisals coming in too low in some cases. Some buyers simply with Cold Feet. Then wild and crazy requests from home inspections when some buyers are waiving them again to get their offers accepted.
A new trend we are seeing is that Prices are kind of all over the place. Some homes listed way to high and others actually listed way to low. Location and condition highly affect value. The good thing is that there are deals for buyers when you know where to look. There are also opportunities for Sellers to do very well as well.
MANY ASK WHAT THE DIFFERENCE IS FROM ONE AGENT TO ANOTHER? As with a changing market, you will find an Agents experience matters the most. In brief the differences can be great. Experience Matters more than ever. Communication Matters. The ability to work with you each step of the Buying or Selling service. Let us show you there is a difference.
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Welcome to our WEEKLY wrap up from Monday to Sunday of last week
MARKET REPORT FOR March 27, 2023
There are 24 SINGLE FAMILY HOMES FOR SALE: The average Listed priced home is $513,359. The lowest priced home is $212,000. The highest priced home is $843,000. The average DAYS ON MARKET is 58
There were 10 New Listings this week.
There are 61 SINGLE FAMILY HOMES UNDER CONTRACT
There are 12 add SINGLE FAMILY HOMES CLOSED this week.
There are 105 SINGLE FAMILY HOMES SOLD 1/1/23 TO 03/27/2023. The average SALE PRICE is $418,230. The average DAYS ON MARKET is 25.
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There are 13 CONDOMINIUM STYLE HOMES FOR SALE: The average priced home is $367,161. The lowest priced home is $228,000. The highest priced home is $559,900. The average DAYS ON MARKET is 38
There were 4 New Listings this week.
There are 39 CONDOMINIUM STYLE HOMES UNDER CONTRACT:
There are 10 add to CONDOMINIUM STYLE HOMES CLOSED this week.
There are 558 CONDOMINIUM STYLE HOMES SOLD 1/1/23 TO 03/27/2023. - The average SALE PRICE is $295,998. The average DAYS ON MARKET is 28
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There are 19 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 17 MULTI FAMILY UNDER CONTRACT:
There are 3 MULTI FAMILY HOMES CLOSED this week.
There are 29 MULTI FAMILY HOMES SOLD 1/1/2023 TO 3/27/2023. - The average SALE PRICE is $528,740. The average DAYS ON MARKET is 66.
* 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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