Manchester NH Real Estate Market REPORT Feb. 27, 2023. As we end the month of February, winter decides to arrive. Also as February comes to an end, the Spring Real Estate Market is here. We have seen the amount of new single family home listings double last week. There is still a sharp shortage as we see more buyers than homes to sell them.
WHAT SHOULD YOU DO? First off as with a changing market, you will find an Agents experience matters the most. Many have noticed some houses selling in days while others have been around a couple of months unsold. Many others notice some buyers offers are accepted right away, while other buyers search for months. That means you as a consumer should know with so many market changes, an Agents experience and skill matters the most.
We are seeing lines at open houses. We are seeing multiple offers again. We have also seen buyers starting to waive inspections and contingencies again on some offers. We are also seeing an increase in first time buyers. Yes, rates are higher, but many prices came down since last summer which may equal out in some cases. There are deals for buyers when you know where to look.
MANY ASK WHAT THE DIFFERENCE IS FROM ONE AGENT TO ANOTHER? In brief the differences can be great. Experience Matters more than ever. Communication Matters. The ability to work with you each step of the Buying or Selling service. Let us show you there is a difference.
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Welcome to our WEEKLY wrap up from Monday to Sunday of last week
MARKET REPORT FOR Feb. 27, 2023
There are 28 SINGLE FAMILY HOMES FOR SALE: The average Listed priced home is $465,298. The lowest priced home is $199,000. The highest priced home is $843,900. The average DAYS ON MARKET is 38
There were 10 New Listings this week.
There are 59 SINGLE FAMILY HOMES UNDER CONTRACT
There are 9 SINGLE FAMILY HOMES CLOSED this week.
There are 61 SINGLE FAMILY HOMES SOLD 1/1/23 TO 02/27/2023. The average SALE PRICE is $394,853 The average DAYS ON MARKET is 27.
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There are 11 CONDOMINIUM STYLE HOMES FOR SALE: The average priced home is $289,930. The lowest priced home is $144,900. The highest priced home is $750,000. The average DAYS ON MARKET is 29
There were 4 New Listings this week.
There are 53 CONDOMINIUM STYLE HOMES UNDER CONTRACT:
There are 3 CONDOMINIUM STYLE HOMES CLOSED this week.
There are 28 CONDOMINIUM STYLE HOMES SOLD 1/1/23 TO 02/27/2023. - The average SALE PRICE is $235,450. The average DAYS ON MARKET is 20
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There are 19 MULTI FAMILY HOMES FOR SALE: The average priced home is $624,670. The lowest priced home is $315,900. The highest priced home is $3,589,000.
There are 16 MULTI FAMILY UNDER CONTRACT:
There are 4 MULTI FAMILY HOMES CLOSED this week.
There are 19 MULTI FAMILY HOMES SOLD 1/1/2023 TO 02/27/2023. - The average SALE PRICE is $574,741. The average DAYS ON MARKET is 37.
* 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. All agents are not created equally. Bigger is not better. Experience matters. Choose the Best agent not the biggest. Choose experience over not experienced. Choose Local over National. Please support locally owned businesses and chose us, your home town Realtor for 37 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. Let me show you there is a difference from one agent to another.
The amount of homes in Foreclosure has risen. If you are behind in your mortgage you have choices right now. We can explain what options may be available to you if you are behind in your mortgage. We also have an increase in divorce listings and Estate sales.
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 37 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.
You can search for Manchester area Homes For Sale by going to www.ScottSellsNH.com
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