The best way to try and show you what the Atkinson NH real estate market is doing is to create an Absorption rate for you. I recently posted an absorption rate for Hampstead NH for the same time frame. Sept 2007 to Oct 2008
While Atkinson is not as bad as Hampstead, you can compare the two by following this link to the Hampstead Absorption rate, it’s still far from pretty. Currently there is a 13+ month supply of homes on the market. This is based on sold data with no price range or size restrictions. If you narrowed it down to a specific price point and size it hardly changes at all, unlike Hampstead which changed significantly. Also note that in a little over a one month period the inventory dropped from a 27 month supply to a 13 month supply. This reflects homes being removed from the market (not sold)…probably for the holiday season.
Sept 2007-Oct 2008 Atkinson Absorption rate
Price of 250,000 -300,000
Absorption Rate Atkinson NH Sept 07-Oct-08
disclaimer….
All reports presented are based on data supplied by the Massachussets Real Estate, Boston Real Estate and New Hampshire Real Estate or their MLSs. Neither the Associations nor its MLSs guarantee or are in anyway responsible for its accuracy. Data maintained by the Associations or their MLSs may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed. COPYRIGHT © TRENDGRAPHIX, INC
About Monika McGillicuddy
Comments
Powered by Facebook Comments