November 7, 2008 by Lisa Waller-Gage
The Northern New England Real Estate Network reported that in the month of October, 2008, 44 condominium proprties sold. The condomimiums that sold in October sold for prices ranging from $162,000 to $455,000. The average price was $216,120 and the average days on the market were reported as 129, they sold for an average of 97% list to sales price ratio.
According to a report generated by Trendgraphix, during the month of October, the absorption rate, i.e., months of inventory that Nashua had on the market in relation to closed sales was 4.9 months. Trendgraphix data also revealed that during the month of October, there were 217 condominium homes listed for sale.