The best way to try and show you what the market is doing is to create an Absorption rate for you.
Hampstead NH Absorption rate Oct 2008… not a pretty picture. Currently there is a 21.7 month supply 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 would narrow significantly.
For example using the same time frame but adding the price range of $250,000 to $299,900 the chart would narrow down to 13 + months of inventory. 13 plus months is still pretty high.
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
NH Real Estate Professionals Jay and Monika McGillicuddy
Jay and Monika McGillicuddy, covering southern NH and the Seacoast area. If you’re thinking of selling or buying a southern NH or Seacoast area home give us a call…we’d love to help make your home ownership dreams come true.
Jay and Monika McGillicuddy, NH REALTORS
603-944-9172 direct
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Prudential Verani Realty
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