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How is the Multi Family Market in Manchester NH this November 2021?

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

One segment of the Manchester NH Real Estate Market that is RED HOT is the Multi Family market. While residential sales slow a bit come winter, the investment market is very strong. We are seeing both owner occupied buyers and investors looking for properties. Owner Occupied buyers are waiting for more 2 to 4 family homes to come on the market. The larger investors are shopping from any where to 5 to 10 to 100 unit buildings. Lets look at the update for the Manchester NH Real Estate Market.

 

 

Whether you are Buying a home or Selling a property, 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. Experience and Great service are what you will find with me.

 

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.

 

 

MULTU FAMILY UPDATE

 

November 11, 2021 

 

 

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  • There are 25 MULTI FAMILY HOMES FOR SALE: The average priced home is $337,717. The lowest priced home is $255,000. The highest priced home is $2,989,000. 
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  • There are 51 MULTI FAMILY UNDER CONTRACT:
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  • There are  299 MULTI FAMILY HOMES SOLD 01/01/21 to 11/11/2021: The average SALE PRICE is $424,724. 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.

 

 

 

 

 

  

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 35 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(3)

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Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Real Estate Broker

Good morning, Scott. If I wrote a market update about multi-family housing in my area, it would be a very, very, very short report. But I have not doubt that if we had more multi-family options, it would be a very popular segment of the real estate market.

Nov 12, 2021 05:07 AM
George Souto
George Souto NMLS #65149 - Middletown, CT
Your Connecticut Mortgage Expert

Scott Godzyk multi-family homes are an excellent investment, for Buyers who can manage being landlords and dealing with tenets.

Nov 12, 2021 04:57 PM
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co Notary Services retired RE Broker

Hi Scott Godzyk and Happy Birthday! I have been thinking about getting back into the landlord business but I'm concerned over covid evection mandates.

Nov 15, 2021 06:58 AM