Manchester NH Real Estate Market REPORT March 13, 2023. The Spring Real Estate Market brought a 110% increase in Single Family home listings this week. The amount of sales is steady and strong. The newest trend though, is homes that were under contract "falling through". Inspections, Appraisals and Buyers whose financing is declined are causing an increasing amount of home sales to fall apart.
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? As with a changing market, you will find an Agents experience matters the most. 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 March 13, 2023
There are 31 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 17 New Listings this week.
There are 49 SINGLE FAMILY HOMES UNDER CONTRACT
There are 16 SINGLE FAMILY HOMES CLOSED this week.
There are 88 SINGLE FAMILY HOMES SOLD 1/1/23 TO 03/13/2023. The average SALE PRICE is $394,853 The average DAYS ON MARKET is 27.
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There are 14 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 5 New Listings this week.
There are 37 CONDOMINIUM STYLE HOMES UNDER CONTRACT:
There are 5 CONDOMINIUM STYLE HOMES CLOSED this week.
There are 51 CONDOMINIUM STYLE HOMES SOLD 1/1/23 TO 03/13/2023. - The average SALE PRICE is $235,450. The average DAYS ON MARKET is 20
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There are 15 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 18 MULTI FAMILY UNDER CONTRACT:
There are 1 MULTI FAMILY HOMES CLOSED this week.
There are 23 MULTI FAMILY HOMES SOLD 1/1/2023 TO 3/13/2023. - 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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