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Manchester NH Real Estate Market Report for May 15, 2023

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

Manchester NH Real Estate Market REPORT May 8, 2023.  We saw a sharp increase  in new Single Family Home Listings last week. Homes going under contract also increased. Overall there is more buyers than sellers still, but we are seeing buyers who are well prepared getting their offers accepted.

Both Buyers and Sellers are seeing that Experience matters when it comes to getting good results. It is easier to find a buyer than it is to get the sale to close. Banks are tightening their lending practices. Appraisers are being tougher on homes. Home Inspection results can be asking for more from the seller than ever. All total it means more sales falling apart then in years past. Having an Agent that is there for your through each step of the Buying or Selling process is a must. 

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 May 15, 2023

There are 25 SINGLE FAMILY HOMES FOR SALE: The average Listed priced home is $513,359. The lowest priced home is $212,000. The highest priced home is $843,000. The average DAYS ON MARKET is 58


There were 15 New Listings this week.
There are  100 SINGLE FAMILY HOMES UNDER CONTRACT
There are 7 add SINGLE FAMILY HOMES CLOSED this week.

There are 183 SINGLE FAMILY HOMES SOLD 1/1/23 TO 05/15/2023. The average SALE PRICE is $418,230. The average DAYS ON MARKET is 25.


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There are 14 CONDOMINIUM STYLE HOMES FOR SALE: The average priced home is $367,161. The lowest priced home is $228,000. The highest priced home is $559,900. The average DAYS ON MARKET is 38

There were 7 New Listings this week.
There are 32 CONDOMINIUM STYLE HOMES UNDER CONTRACT:
There are 7  add to  CONDOMINIUM STYLE HOMES CLOSED this week.

There are 102 CONDOMINIUM STYLE HOMES SOLD 1/1/23 TO 05/15/2023. - The average SALE PRICE is $295,998. The average DAYS ON MARKET is 28



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There are 18 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 38 MULTI FAMILY UNDER CONTRACT:
There are 7 MULTI FAMILY HOMES CLOSED this week.

There are 54 MULTI FAMILY HOMES SOLD 1/1/2023 TO 5/15/2023. - The average SALE PRICE is $528,740. The average DAYS ON MARKET is 66.



* 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

#RealEstate#ScottSellsNHdotCOM#ScottSellsNH

Comments(3)

Kristin Johnston - REALTOR®
RE/MAX Platinum - Waukesha, WI
Giving Back With Each Home Sold!

Great post!  Thanks for sharing and enjoy your day!

May 15, 2023 06:53 AM
Bill Salvatore - East Valley
Arizona Elite Properties - Chandler, AZ
Realtor - 602-999-0952 / em: golfArizona@cox.net

Great information. Thanks for sharing and enjoy your week!

May 15, 2023 07:15 AM
Myrl Jeffcoat
Sacramento, CA
Greater Sacramento Realtor - Retired

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

May 15, 2023 08:49 PM