NH Real Estate Market Report Year End 2009

February 15, 2010 by Monika McGillicuddy
Filed under General R.E. Information, Market Reports

NH Real Estate Year End 2009 Market Report

Exciting news! For the first time in five years we can actually say we closed out the year, ahead of the previous year! 2009 year end state wide unit solds came in ahead of 2008 by 6 percent.

According to data released by the New Hampshire Association of REALTORS (NHAR) there were 10,832 single family homes sold in NH in 2009 that is up from the 2008 total of 10,208.

While sale prices still lag behind 2008 with a decrease of 10% bringing the median sales price in 2009 to $212,000 compared to 2008 figure of $235,000. The tax credit continues to be an attractive incentive and along with competitive home prices and low interest rates we’re expecting a very active NH spring market.

17% increase in Units Sold

January 2010 state wide unit solds in comparison of January 0f 2009 show a fantastic 17% increase! If you’re thinking of buying or selling and want to take advantage of the Tax Credit give us a call and we can chat about your options.