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Manchester NH Real Estate Monday Aug 3, 2020 Market weekly UPDATE

By
Real Estate Broker/Owner with Godzyk Real Estate Services NH License 033394

August has arrived and many are happy to see July end. upon us. The Real Estate market has been as hot as the weather. There has been a flood of questions and calls if now is the time to sell or not. Let me tell you, I LOVE getting questions from you all. Whether you are ready now or later, do not hesitate to ask your questions.

 

There is no doubt that now is the time to sell if you have been thinking of selling.  Those thinking of selling have had the most questions. What is their home worth? Should they sell now or wait until fall? It also leads to that fact, that now is the best time to buy with interest rates so low. There was 15 new single family listings last week and 19 more went under contract. SO houses are going under contract quickly. 

 

 

It is that time of the week to look at what is the Real Estate Market doing in Manchester NH. Welcome to our WEEKLY Wrap up of Real Estate from Monday to Sunday of last week.

 

MARKET REPORT

 

August 3, 2020 

 

  • There are 52 SINGLE FAMILY HOMES FOR SALE: The average Listed priced home is $410,039. The lowest priced home is $189,900. The highest priced home is $1,475,000.
  • There were 15 New Listings this week.
  • There are 154 SINGLE FAMILY HOMES UNDER CONTRACT
  • There are 21 SINGLE FAMILY HOMES SOLD & CLOSED this week.
  • There are 475 SINGLE FAMILY HOMES SOLD 1/1/20 TO July 27 2020: The average SALE PRICE is $287,832 The average DAYS ON MARKET is 31. 
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  • There are 24 CONDOMINIUM STYLE HOMES FOR SALE: The average priced home is $256,277. The lowest priced home is $110,000. The highest priced home is $434,900.
    • There were 7 New Listings this week. 
  • There are 60 CONDOMINIUM STYLE HOMES UNDER CONTRACT:  
  • There are 15 CONDOMINIUM STYLE HOMES SOLD & CLOSED this week.
  • There are 193 CONDOMINIUM STYLE HOMES SOLD 1/1/20 TO 7/20/2020: The average SALE PRICE is $200,837. The average DAYS ON MARKET is 47 
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  • There are 29 MULTY FAMILY HOMES FOR SALE: The average priced home is $337,717. The lowest priced home is $110,000. The highest priced home is $2,690,000. 
  • There are 50 MULTY FAMILY UNDER CONTRACT:
  • There are 7 MULTY FAMILY HOMES SOLD/CLOSED this week.
  • There are 126 MULTY FAMILY HOMES SOLD 01/01/20 to 7/20/2020: The average SALE PRICE is $322,696. The average DAYS ON MARKET is 28. 

 

  • * Data from NNEREN, subject to change, error or omission

     

    THE SECRET OF 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.

     

     

    HOME SELLERS who listed their homes with us have been enjoying relatively quick sales at great prices. There is no need to wait until spring if you want to sell your property.

     

    HOME BUYERS who bought through us enjoyed getting ultra low interest rates. They got an insight of what new listing were hitting the market and used out tips to have their offers accepted and close don their dream homes. 

     

    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 34 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. 

     

        

     

Comments(8)

Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Good morning Scott. Now is the time to capitalize on the market as a seller. Enjoy your day!

Aug 03, 2020 06:02 AM
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

Thank you for the comment Wayne Martin 

Aug 03, 2020 06:02 AM
Nick Vandekar, 610-203-4543
Realty ONE Group Advocates 484-237-2055 - Downingtown, PA
Selling the Main Line & Chester County

We are seeing many buyers trying to take advantage of the lower rates and listings trickling onto the market but mostly getting snapped up.

Aug 03, 2020 06:08 AM
Carol Culkin
Diamond Partners Inc - Overland Park, KS
Overland Park Residential Real Estate

A beautiful area of the country! My husband travels there often and I like to sometimes accompany him. I love the charm of New England and this report really satisfies my curiosity of the housing market there. Thank you!

Aug 03, 2020 07:37 AM
Doug Dawes
Keller Williams Evolution - 447 Boston Street, Suite #5, Topsfield, MA - Topsfield, MA
Your Personal Realtor®

Wow!! Things certainly are smokin' in the Manchester, NH market Scott Godzyk 

 

Aug 03, 2020 09:07 AM
Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

Today's a great day to buy a home, but it's also a better day for Hampton Beach!!!!

Aug 03, 2020 01:14 PM
Myrl Jeffcoat
Sacramento, CA
Greater Sacramento Realtor - Retired

Manchester home buyers and sellers are sure to value your real estate market report, Scott!

Aug 03, 2020 11:31 PM
Kristin Johnston - REALTOR®
RE/MAX Platinum - Waukesha, WI
Giving Back With Each Home Sold!

Great information.   Thanks for sharing and keep the reports coming!

Aug 09, 2020 06:13 AM