Despite a dreary month of rain and little sun, June sales were up 20% this past month. I found it quite interesting when speaking with various lenders in the beginning part of June when the rates shot up to 6% and their phones virtually stopped ringing for a couple weeks! I may be slightly exaggerating but it definitely slowed the refi crunch that had been going on. As the rates have come down I’ve seen more and more buyers start making decisions and trying to take advantage of what the market has to offer right now.
Here’s a heads up for buyers looking at property in the low $200′s and under…I have seen a lot of these listings fly off the market. Often times there have been multiple offers. When looking at properties in this price range it is common to see a lot of foreclosures or short sales. Due to the nature of these transactions, it is imperative to have your financing in place and ready to go. Talk to your lender and see if they can get you an approval for financing for the property, not a “Pre-Approval” but a document stating that your income/assets have been verified. This will make your offer look that much stronger and if there are multiple offers this is a must.
Historical Sales For Our 16 Local Towns
January 2006-23 Sales
January 2007-29 Sales
January 2008-27 Sales
January 2009-15 Sales
February 2006-26 Sales
February 2007-30 Sales
February 2008-25 Sales
February 2009-15 Sales
March 2006-35 Sales
March 2007-38 Sales
March 2008-17 Sales
March 2009-29 Sales
April 2006-46 Sales
April 2007-28 Sales
April 2008-21 Sales
April 2009-29 Sales
May 2006-56 Sales
May 2007-53 Sales
May 2008-34 Sales
May 2009-32 Sales
June 2006-59 Sales
June 2007-46 Sales
June 2008-30 Sales
June 2009-36 Sales
- 23 listings went pending this June
- $146,000- 38 Water, Bradford NH
- $750,000- 127 Pleasant View Rd, Bradford NH
Goshen NH
- $90,000-86 Mill Village Rd, Goshen, NH
- $79,500- 63 Hemlock Lane, Grantham NH
- $177,500- 5 Summit Drive, Grantham NH
- $187,500- 6 Anderson Pond Rd, Grantham NH
- $210,000- 37 Whitetail Ridge, Grantham NH
- $330,500- 68 High Pond Rd, Grantham NH
- $170,000- 61 Stage Rd, Lempster NH
- $269,000- 64 North Shore Rd, Lempster NH
- $195,000- 185 Squires Lane, New London NH
- $360,000- 45 Job Seamans Acres, New London NH
- 615,000- 75 Westside Drive, New London NH
- $185,500- 133 Gerald Drive, Newbury NH
- $648,000- 1285 Route 103, Newbury NH
- $26,000- 61 Maple St, Newport NH
- $35,900- 37 Middle, Newport NH
- $40,000- 127 Maple St, Newport NH
- $46,000- 36 Laurel, Newport NH
- $60,000- 191 Maple Ext, Newport NH
- $162,500- 262 Reed Mill, Newport NH
- $165,000- 27 Karlene, Newport NH
- $180,010- 25 Windingwood, Springfield NH
- $138,300- 20 Stoney Brook Rd, Sunapee NH
- $170,000- 1071 Lake Ave – GM, Sunapee NH
- $283,000- 556 North Rd, Sunapee NH
- $315,000- 124 Pine Ridge Rd, Sunapee NH
- $410,000- 56B Burkehaven Hill Rd, Sunapee NH
- $450,000- 20B Overlook at Indian Cave, Sunapee NH
- $525,000- 42 Ridgewood Rd, Sunapee NH
- $550,000- 92 Upper Bay Rd, Sunapee NH
- $183,000- 375 North Rd, Sutton NH
- $231,000- 417 Poverty Plains Rd, Warner NH
- $75,000- 117 Washington Heights Rd, Washington NH
- $275,000- 62 Birch Point Way, Washington NH
- $156,203- 65 Pound Rd, Wilmot NH
{ 2 comments… read them below or add one }
Thats great your sales are up. Ours have improved also in Bergen County New Jersey. Lets hope it can continue, if the rates stay ok it should.
Thanks Richard. It’s nice to finally have some positive numbers to work with! It will definitely be interesting to see what happens with rates toward the end of this year. Glad to hear the Bergen County market is improving!