Nine-year New Hampshire home sales and price data reprinted from the New Hampshire Association of REALTORS offers some interesting reading. Be sure you open the links, they open to a PDF file, and and check out your county stats.
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New Hampshire Association of REALTORS is attempting to stress the importance of looking at long-term real estate trends, rather than the media-driven fascination with individual, year-over-year sales and price statistics. With that in mind, they’ve compiled statewide and county data beginning in 1998, when the statewide median price for a single-family residential home was $127,500. That number rose to its peak of $270,000 in 2005, a remarkable 112 percent increase (a 16 percent per year average increase), since which time we’ve seen the modest median price declines (down 1.9 percent in 2006 and 1.6 percent in 2007) that seem more dramatic primarily because of the booming market in the seven years prior.
Each of the following sheets includes the statewide numbers from 1998 to 2007, along with similarly formatted data for individual counties. This helps to paint a picture of what the market really is and is far more encouraging for New Hampshire than what national headlines might lead one to believe, but most importantly it is a picture that is based in actual data rather than speculation.
Statewide with Cheshire County
Statewide with Hillsborough County
Statewide with Merrimack County
Statewide with Rockingham County
Statewide with Strafford County
Statewide with Sullivan County
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