Hampstead NH home sale statistics from January 1 through October 31 2008 vs the same time frame in 2007.

Single family home sales are up 18% over the same time frame last year. Prices on average are down 6% and the median prices are down 9% from last year. Price per square foot on average is down 12% and days on market has risen on average by 7%.

Even though prices are down and it’s taken a little longer to sell it seems to me that buyers are still out there buying. Unless your living rent free you’d be crazy not to advantage of these prices.

So come on out and get a great buy.
Price $/SqFt DOM
2008 Total Average Median Average Median Average Median
Active 60 $305,102 $299,900 $163 $138 158 91
Recently Sold 54 $303,981 $295,000 $137 $129 121 84
Under Contract 8 $298,062 $209,950 $125 $116 37 32
Contingent 1 $309,900 $157 456
Overall 123 $304,191 $299,900 $149 $136 137 83
Price $/SqFt DOM
2007 Total Average Median Average Median Average Median
Recently Sold 39 $322,817 $325,000 $155 $147 147 107

NH Real Estate Professionals Jay and Monika McGillicuddy