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Holderness NH | August Home Sales Report - Holderness August home sales were unchanged from July but down more than 83% from August 2014. Single-family home sales year-to-date were down 7.69%, from 13 to 12 closed transactions. Sales dollar volume for the month fell more than 83% to $549,000 compared to $3.53 million posted in August 2014; and for the seven months ended August 31, sales dollar volume stood at $6.4 million, down 10.07% compared to the same period last year.
August saw 5 single-family homes added to inventory, down 28.6% from July and 16.66% lower month over month. Total new listings for the year were down 25% to 45 single-family homes. Currently, there are 32 single-family homes available for sale, a 12.8-month supply based on an average monthly absorption of 2.5 housing units over the previous 12 months.
Meanwhile, the August median home price rose 62% from August 2014 to $540,000. For the seven months ended August 31, the median price of a home in Holderness stood at $360,000, down less than 1% from the first seven months of 2014.
On average homes sold faster this past August than a year ago, with days on market dropping 76% to an average 47 days on market. The pace of Holderness sales slowed, however, through August, with homes on the market an average of 152 days, an ncrease of 14.75%.
HERE ARE THE RELEVANT NUMBERS*:
ALL HOUSING: AUGUST YoY (2015-14) | YTD YoY (2015-14)
New Listings: 05/06 (-16.66%) | 53/68 (-22.05%)
Sold Listings: 03/06 (-50%) | 19/13 (+46.15%)
Pending Listings: 00/01 (-100%) | 13/06 (-116.66%)
$ Vol. (millions): .737/3.53 (-79.12%) | 6.99/7.12 (-01.77%)
Median List Price: 170,000/398,000 (-57.25%) | 235,000/450,000 (+47.77%)
Median Sell Price: 170,000/339,000 (-49.84%) | 230,000/363,000 (-.36.55%)
Ave. Days on Mkt. 53/196 (-72.83%) | 171/132 ( +28.96%)
* Based on information from the Northern New England Real Estate Network, Inc., for the periods shown.
"What Matters to You, Means Everything to Me"!
If you're planning to buy or sell homes and land in Holderness and elsewhere in the beautiful Lakes Region of New Hampshire, please contact me, Randy Hilman, to experience the Keller Williams difference. You can count on Keller Williams and Randy Hilman Homes to take you where you want to go in the Lakes Region.
Please visit my website at www.randyhilmanhomes.kwrealty.com For direct inquiries or questions, please email me at rhilman@randyhilmanhomes.com or call 603 569-HOME (4663).
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