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Hampstead NH Real Estate market report

April 19, 2009 By Leave a Comment

The proof is in the pudding… or should I say the proof is in the chart below. The Hampstead NH real estate market has really started to heat up, check out the chart below which shows a one year history of the Hampstead market!
While inventory is slightly up from a year ago…so are the closings but take a look at those pendings!

That is an awesome increase!
If you are thinking of selling your Hampstead home, I would strongly suggest listing it now and if you’re a home buyer looking to find that perfect home now is the time to jump off the fence.

None of us have a crystal ball but with all the real estate market activity happening and the pending sales are increasing, all indicators are pointing to the strong suggestion that the bottom is here.

Hampstead New Hampshire Real Estate Market report
March 2008 to March 2009

(data provided by Trendgraphix and NNREN)

hampstead market report

Filed Under: About Hampstead NH, featured, General R.E. Information, Market Reports, State and Local Information Tagged With: , , , ,

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

E-mail Jay and Monika

Prudential Verani Realty

603-926-3648 office

Hampstead New Hampshire Sales for January 2009

February 5, 2009 By 3 Comments

Real Estate Home sales in Hampstead, New Hampshire for January 2009 vs January 2008.

Well Hampstead, NH  has doubled it’s sales from last year and I am sure there will be a couple more sales posted Monday or Tuesday as firms have 48 hours to post their sales from the time the property closes.

Days on market tell the big story, if your home is priced to sell it will sell quickly. If three months is quick. I would say it is compared to the same time last year.

Prices on average are down as well along with price per square foot.

January     Price   $/SqFt   DOM  
2008   Total Average Median Average Median Average Median
Recently Sold 3 $253,867 $250,100 $124 $138 225 150
                 
2009   Total Average Median Average Median Average Median
Recently Sold 6 $222,250 $198,000 $103 $97 101 64
Filed Under: About Hampstead NH, Market Reports, N.E. vacations & camping, Personal, State and Local Information Tagged With:

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

E-mail Jay and Monika

Prudential Verani Realty

603-926-3648 office

Hampstead NH 15 month real estate market history

January 21, 2009 By 1 Comment

Hampstead NH 15 month real estate market history report includes single family homes and condos.

hampstead-1007-1208

Hampstead New Hampshire Absorption rate

*All reports are published Jan. 2009, based on data available at the end of Dec. 2008.
All reports presented are based on data supplied by the Massachussets Real Estate and New Hampshire Real Estate or their MLS. Neither the Associations nor their MLSs guarantee or are in anyway responsible for their 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.

Filed Under: About Hampstead NH, Market Reports, State and Local Information Tagged With: , ,

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

E-mail Jay and Monika

Prudential Verani Realty

603-926-3648 office

Rockingham County real estate dilema…

December 2, 2008 By 11 Comments

You may have noticed that I’ve posted a few Absorption rate charts for some of our local towns. I’m planning on doing some more even though I know they’re boring reading unless of course you happen to live in that town and are thinking of selling or you already have your home on the market.

To date I’ve posted Hampstead, Atkinson and Salem NH.  But what does it all really mean and why should you care about Absorption rates?

Why should I care?

Traditionally Absorption Rates are used to watch market trends. is it a buyers market? A sellers market?  Or is it a balanced market? It is also used by REALTORS to help determine how long it would take a particular property in a particular price range to sell.   Just to give you some perspective a sellers market absorption rate would be less than six months. In 2005 at the height of our sellers market in Southern NH the absorption rate in Hampstead was three months or less. Today it’s a very different story.

The rule of thumb is…

Sellers Market = less than six months (usually 4-5)

Balanced Market = six months supply

Buyers Market = over six months supply

It’s not rocket science

But it gives you a snap shot of where we are. An Absorption Rate for all of Rockingham County shows us to have an average of 12.2 months supply of homes on the market. Of course that just confirms what we already know but it will be interesting to see how this changes next month. Will the numbers increase or decrease?  What do you think?

*All reports are published Nov. 2008, based on data available at the end of Oct. 2008.
All reports presented are based on data supplied by the Massachusetts Real Estate and New Hampshire Real Estate or their MLS. Neither the Associations nor their MLSs guarantee or are in anyway responsible for their 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.

Filed Under: featured, Market Reports Tagged With: , , , ,

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

E-mail Jay and Monika

Prudential Verani Realty

603-926-3648 office

NH Real Estate Listing sites

April 18, 2008 By 3 Comments

We’ve recently created two independent listing blog sites for 2 of our listings. http://www.17marilynparkdrive.com/ and http://www.39boulderdrive.com/

We wanted to use a blog format as opposed to a static web site format because we could to do ample customizing. We bought the URL’s and had customized rider signs made.

I think the information on the listing blog site really gives the buyer the total package…much more so than a simple MLS sheet ever could.

In this market every little thing helps and this is just one of the many tools that we can use. If you’re thinking of selling your southern NH home? Give us a call and let us show you our internet marketing plan and how we can showcase your home.

Check out the sites and let us know what you think. 17 Marilyn Park Drive is located in Hampstead NH and 39 Boulder Drive is in Danville NH. Both are easy to show but check out the sites…we have video tours and virtual tours as well as some town information on them.

If you’re looking for a fixer upper horse type property check out 14 Higgins Drive in Sandown NH and we have a great multi-family in Derry NH on 8 Wall Street available as well as an awesome waterfront coming on the market this week.

17 Marilyn Park Drive in Hampstead will be held open this weekend on Sunday from 1-3 come take a look.

Happy Spring Everyone!

Filed Under: About Danville NH, About Hampstead NH, About Sandown NH, General R.E. Information, Listings for sale Tagged With: , , , , ,

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

E-mail Jay and Monika

Prudential Verani Realty

603-926-3648 office

Where is the bottom?

March 2, 2008 By Leave a Comment

Articles in this Series New Hampshire Market Trends

  1. How about a housing stimulus?
  2. New Hampshire Market Trends…it’s mighty cold up here!
  3. Consumers’ perceptions are key to home buyer actions
  4. Do I have your attention?
  5. New Hampshire Home Sales Trends Look Better Than the Nation’s
  6. Where’s the money when we need it?
  7. August New Hampshire Market Trend Report…
  8. New Hampshire September Real Estate Market Trends
  9. New Hampshire October Market trend Report…
  10. New Hampshire Real Estate Market Trends November
  11. Where is the bottom?
  12. N.H. Market Trend Report…The future isn’t what it used to be
  13. New Hampshire Market Trends report
  14. January and February Market Report for 2008
  15. NH Real Estate Market Trends First Quarter 2008

Peter Francese once again brings us his great insight into the state of New Hampshire’s real estate market. One thing Peter says is “ As to when we will see the bottom of the market, we are probably awfully close to it right now.”
We have to agree with him and while we don’t think we’re there yet…we’re pretty close. Certain market areas and certain price ranges are “hot” while others are getting pretty warm. Personally, we think it will be a while before we see prices increase but properties are moving, people are buying and buyers have many choices. The spring market is here…even with all the snow on the ground. Reprinted below with permission from the New Hampshire Association of REALTORS is his market report.

Where’s the bottom?
-by Peter Francese

That’s the big question. Even the Chairman of the Federal Reserve Bank, who has access to databases we can only dream about, says he doesn’t know. Perhaps it’s vain of us mere mortals to even ask the question. But we’re going to, anyway.

There are several factors that will determine when housing demand will start to rise such that prices will firm and sales will happen more quickly. High on the list of them is consumer psychology. Right now consumers in general are not very optimistic about the future. But if the buying public thinks that 2009 will be a better year than this one, then demand for dwellings will likely rise.

[Read more...]

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Filed Under: Market Reports, Market Trends Report Tagged With: , , ,

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

E-mail Jay and Monika

Prudential Verani Realty

603-926-3648 office
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