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Nashua, New Hampshire Market Report - 2nd Quarter - 2009

By
Real Estate Agent with Fred Doleac - Bean Group NH 010347

Nashua, NH Homes and Condominium Market Activity

Single Family Homes

The number of homes sold in 2009 as compared to 2008 (133) were nearly the same with 130 closed transactions.  The average days on market improved from 102 to 97.  The average sales price dropped dramatically (-14.5%) to $240,005.  We are in the second year of a declining market and statistics are consistant with other New Hampshire 2009, second quarter market reports.

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Condominiums

The number of condominiums sold in 2009 increased from 72 (2008) to 86 and the average days on the market improved to 105.  These statistics reflect the activity of the affordability of condominiums and the appeal to first-time homebuyers.  The average sales price declined slightly (-3%) from $188,421 to $182, 905.

Nashua, NH is a major city in Hillsborough County and is a major factor and indicator of overall market conditions.  Visit Nashua, NH Homebuyer's guide for all your real estate needs.  Virtual Homes real estate agents will provide buyer and seller agent services.

Housing and condo data was obtained from the NNEREN (Northern New England Real Estate Network), the NH statewide MLS.  This information may not be accurate and does not represent all properties sold in NH.

 

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