I am always asked by the public and clients what is going on with the market, especially during the winter months. They're surprised when I tell them the facts, that properties sell just as well in the winter time as they do in the summer.
January 1, 2008 to January 31, 2008 35 properties sold, average price was $230,000 with 188 days on the market. The majority of the solds were within $5,000 to $10,000 of the list price.
Winter Months December 2006-April 1, 2007 208 sold
Summer months April 2, 2007 to September 2007 355 sold
Based on information from the Northern New England Real Estate Network for the period of 12/01/06 through 1/31/2008 for Carroll County.
Statewide Total Sold Median Price AVG Days on the Market
2006 residential 13,364 $265,000 107
2007 11,989 $260,800 125
percent change -10.3% -1.6% 17%
Statistics are based on information from the Northern New England Real Estate Network (NNEREN) for the respective periods shown for the respective regions in the State of New Hampshire or all towns in the State of New Hampshire. All analysis and commentary related to the statistics is that of the New Hampshire Association of REALTORS® and not that of NNEREN.
These facts tell us that the State is down 10.3% in sales volume, only 1.6% in price and properties are 17% longer on the market before they sell.
Comments(1)