Archive for November, 2009

Property for sale in New Hampshire continues to perform well with NH homes sales increasing for the 3rd straight month according to data from the New Hampshire Association of Realtors. This is the first 3 month sales increase since mid 2004. Although the news points to recovery in New Hampshire faster than most of the country the median price from August 2009 was still down 7 percent — to $221,950 — from the $237,700 median price of July 2008. Year to date, the median price is down 11 percent, from $240,000 in 2008 to $213,000 this year.

Again better than the national average, but we are looking for an equlibrium between sales activity and sales prices…moving more houses at lower prices will not last forever. Until then continue to enjoy what is left of the buyers market, my prediction is this time next year will be neutral if not an increasing sales price market