Rockingham County Market trends

Rockingham County is rocking some real estate

I’ve decided to look back at the last 6 months of real estate market activity for Rockingham County. I know my immediate real estate market has been very busy in fact so busy that is has impacted my blogging time! I’m not complaining…bring it on! The Rockingham County real estate market is definitely rocking! This chart reflects residential real estate activity up to the end of May 2009.

Check April’s Trends report …Rockingham County Market Trends

*All reports are published Jun. 2009, based on data available at the end of May. 2009.
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.

Rockingham County~Market report April 08 to April 09

Inventory is down, which is a good thing to say, closings are also down (not so good) but  pendings are up. Typically it takes 6-8 weeks to close on a home once it goes under agreement.  Last month’s Rockingham County report showed an increase in both solds and pendings and we should see those homes close and be reflected in next months report. This chart compares April 2008 to April 2009.

Rockingham County Market Report * Good News*

Finally we have some solid good news to report! Rockingham County market report shows an increase in pending sales and solds while a decrease in active listings!

Looking back at this past year, not that I really want to spend much time reliving this bleak year, but to put this market in perspective it helps to look back!

Take a look at the numbers…they tell the story! This is all of Rockingham County and while the change in numbers may seem small, they really aren’t.

REALTORS are reporting an increase in business pretty well all over the state. While any increase is better than what we had been experiencing, it is very encouraging to hear the good news on the streets. Our Prudential Verani Londonderry office reported 33 pending sales in one week alone. That is excellent news and many agents feel we’re pretty well at the bottom of the market.  Inventory levels are dropping and this is the best time to sell and buy real estate!