Salem NH Real Estate and Lifestyle

Pride of OwnershipSalem NH Real Estate and Lifestyle
Post #2 – This post is Part of the 21 Posts in 21 Days Challenge – I know I can do it)

I grew up in Salem NH or at least I should say I spent most of my informative years in Salem. My mom and dad moved us to North Salem back in the early sixties and the town sure has changed dramatically since then. I remember driving up route 28 in my dad’s VW Bug from Everett Ma. every weekend while my dad was building our house.  Billy and Monika

Back in the day we never heard a car drive by and could even play in the street if we wanted to. There was a little store in North Salem, Palmer s Store, that sold penny candy and we often walked the mile to the store by ourselves  so that we could indulge our sweet tooth without mom’s watchful eye on us.

Life Was Simple Back Then

Life was simple back then and today life in Salem is far different. But one thing remains the same…  Salem still offers a wide variety of real estate, is an excellent commuting location and is a town or some say city that has a lot of everything – from restaurants, malls, function halls, fast food and amusements parks.  Because of this huge commercial base Salem also has a relatively low tax rate which helps make living in Salem so affordable.

Buying or Selling a Salem NH home

Home prices in Salem are incredibly affordable and there is a good amount of inventory to choose from and that coupled with low interest rates makes for an ideal buying market. If you’re thinking of buying or selling a home in Salem NH, please consider giving us a call at 603-944-9172. We’d love to help you with that.

In the mean time feel free to start searching for a Salem NH home or Condo below and be sure to let us know when you are ready to go take a look!

 

Showing properties 1 - 9 of 204. See more city of Salem real estate.
(all data current as of 5/24/2012)

  1. 5 beds, 3 full, 1 part baths
    Home size: 5,700 sq ft
    Lot size: 2.14 ac
  2. 5 beds, 2 full baths
    Home size: 2,685 sq ft
    Lot size: 8,712 sqft
  3. 3 beds, 2 full, 1 part baths
    Home size: 2,268 sq ft
    Lot size: 2.83 ac
  4. 3 beds, 2 full, 1 part baths
    Home size: 1,824 sq ft
    Lot size: 41,382 sqft
  5. 4 beds, 1 full, 1 part baths
    Home size: 2,012 sq ft
    Lot size: 10.06 ac
  6. $240,000 : 6 Wheeler, Salem
    3 beds, 1 full bath
    Home size: 1,542 sq ft
    Lot size: 15,246 sqft
  7. 2 beds, 2 full baths
    Home size: 1,137 sq ft
    Lot size: 10.00 ac
  8. 4 beds, 1 full, 2 part baths
    Home size: 2,083 sq ft
    Lot size: 15,681 sqft
  9. 3 beds, 2 full, 1 part baths
    Home size: 2,081 sq ft
    Lot size: 5.09 ac

Listing information deemed reliable but not guaranteed. Read full disclaimer.

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

Fantastic $10,000 savings

This home has SOLD

This home is under contract and due to close the end of August

Fantastic 10,000 dollar price reduction on this Salem NH home.

59 Millville Street in Salem NH 03079 is now on the market for only $189,900

MLS #2778905

This 3 bedroom hip roof ranch is in move in condition and with the $8,000 tax credit is an incredible buy. Come take a look-this will totally surprise you.

Open house Sunday 12-2 pm June 28 2009

Jay and Monika McGillicuddy

Prudential Verani Realty

2 Main Street Hampstead NH

603-327-0246 direct line

603-434-2377 office

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

Salem New Hampshire 15 month real estate market report

Salem New Hampshire 15 month real estate market report includes single family homes and condos.

salem-1007-1208


Salem New Hampshire Absorption rate

Jay and Monika McGillicuddy

Prudential Verani Realty

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…

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.

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

Copyright 2012 Northern New England Real Estate Network, Inc. All rights reserved.

This information is deemed reliable, but not guaranteed

The data relating to real estate displayed on this web site comes in part from the IDX Program of NNEREN

Data last updated 5/24/12 10:43 AM PDT


Broker-eciprocity This IDX solution is (c) Diverse Solutions 2012.