Manchester NH Real Estate Market REPORT July 26, 2021 Update

As the end of July is upon us, we are seeing some changes in the Manchester NH Real Estate Market. We are seeing an increase in listings which as resulted in almost twice as many homes For Sale now then as we saw in the Spring.

Before anyone panics, the numbers have gone from an average of 24 or so homes available to 48 homes available for sale today. More homes means more opportunities for buyers.

The biggest change in the air for Sellers, is the "Covid Buyers are all but gone, already purchased and settled in. The "Local" buyers who waited, now ready to purchase a home, are the predominate buyers. Sales are still at or just above market value though.

Whether you are Buying a home or Selling a home, the one FACT is... to do well in this market you need an advantage. Who you hire to list and sell your home DOES matter.

There are new listings coming on the market and you can SEARCH THE MLS by clicking here to see what is For Sale.

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Welcome to our WEEKLY Wrap up of Real Estate from Monday to Sunday of last week.

MARKET REPORT

July 26, 2021 

• There are 49 SINGLE FAMILY HOMES FOR SALE: The average Listed priced home is $375,904. The lowest priced home is $208,000. The highest priced home is $769,900.
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• There were 26 New Listings this week.
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• There are 178 SINGLE FAMILY HOMES UNDER CONTRACT
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• There are 26 SINGLE FAMILY HOMES SOLD & CLOSED this week.
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• There are 447 SINGLE FAMILY HOMES SOLD 1/1/21 TO 7/26/2021: The average SALE PRICE is $348,664 The average DAYS ON MARKET is 14. 
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• There are 18 CONDOMINIUM STYLE HOMES FOR SALE: The average priced home is $244,984. The lowest priced home is $99,000. The highest priced home is $435,000.
  • There were 7 New Listings this week. 
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• There are 70 CONDOMINIUM STYLE HOMES UNDER CONTRACT:  
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• There are 10 CONDOMINIUM STYLE HOMES SOLD & CLOSED this week.
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• There are 250 CONDOMINIUM STYLE HOMES SOLD 1/1/21 TO 7/26/2021: The average SALE PRICE is $219,383. The average DAYS ON MARKET is 20 
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• There are 27 MULTI 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. 
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• There are 62 MULTI FAMILY UNDER CONTRACT:
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• There are 7 MULTI FAMILY HOMES SOLD/CLOSED this week.
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• There are  179 MULTI FAMILY HOMES SOLD 01/01/21 to 7/26/2021: The average SALE PRICE is $409,479. The average DAYS ON MARKET is 22. 
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• * Data from NNEREN, subject to change, error or omission

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DOES IT MATTER WHICH REALTOR I USE? The short answer is YES. It matters. There is great difference from one agent to agent another though. Support locally owned businesses and chose us, your home town Realtor for 35 years who offers some of the most personal and professional service there can be. We stand by you through each step of the buying or selling process.

The SECRET to 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.

PLEASE CALL US FOR A FREE MARKET ANALYSIS TO SEE WHAT YOUR HOME IS WORTH.