Archive for the 'Sunapee Housing Market' Category

New Hampshire REALTORS sold 14 percent more homes in October 2011 than in the same period a year ago, marking the fourth consecutive month that unit sales were ahead over the previous year, according to data released by the New Hampshire Association of REALTORS (NHAR).  The median price of those homes, meanwhile, decreased by 7 percent in October and are behind year‐to‐date prices of 2010 by 5 percent.
There were 934 residential homes sold in October 2011, a 14 percent increase over the 820 sold in October 2010. That came following jumps of 29 percent, 14 percent and 13 percent in the three months prior. Year to date sales for this year, meanwhile, were 1.5 percent above those through the first 10 months of 2010: 8,960 compared to 8,830.
“There is still too much economic uncertainty to call this a recovery, but we’re certainly beginning to move in the right direction,” said NHAR President Tom Riley, a 35‐year veteran of the real estate industry and president of Riley Enterprises in Bedford. “We would characterize this as the early stages of a gradual stabilization.”
October median price homes dropped from $205,000 in 2010 to $190,000 in 2011. Year to date, the $205,000 median sale price in 2011 is 5 percent below the $215,950 through October of 2010.  In local markets, October unit sales increased in seven of 10 counties, while Carroll, Coos and Sullivan counties saw median price increases.  October 2011 data residential

As for October condominium sales, there was an almost identical number of statewide sales in 2010 (206) and 2011 (207), while at $169,000 the 2011 median price was 5.7 percent ahead of the$159,900 median price of October 2010.  October 2011 data condo