EagleTribune.com, North Andover, MA

Latest News

June 25, 2013

N.H. housing sales on upswing

Sales, prices up

New Hampshire’s housing market recovery continued with a strong May that put sales of single-family homes at an eight-year high.

Sales for the month were up 11.1 percent statewide, year over year, the New Hampshire Association of Realtors reported.

Rockingham County sales surged 24.4 percent year over year, the second best performance by a county, topped only by a 77.8 percent spike in Sullivan County.

Year to date numbers had sales up 9.5 percent statewide, 16.1 percent in the county.

Sales prices also climbed.

Statewide, the median sales price grew 5.3 percent year over year to $215,900.

Rockingham County ranked in the middle of the 10-county pack, with a 7.7 percent gain to $274,950.

Year to date numbers put the statewide number up 5.2 percent at $203,000, with the county up 6.5 percent to $260,750.

“This is as active as many of us have seen the market in years,” association president Bill Weidacher said. “I continue to believe that it is only responsible to remain guarded in our optimism, but it’s very fair to say that the market is consistently heading in a positive direction.”

Southern New Hampshire sales professionals agree market trends are positive locally.

“There’s some positive movement,” said Barry Mazzaglia, owner-broker with Century 21 HBS Realty in Londonderry. “We are seeing a boost in sales in the lower prices.”

His agency has seen some sales recently above the sales price.

“But it’s still very much a buyer’s market,” with prices low and an excess inventory, Mazzaglia said.

“If a home is priced within the market value, it is going to sell quickly,” said Cindy Ronning of SunLite Realty in Pelham.

There have been instances where Ronning’s agency has seen multiple bids on properties.

“People are feeling better; the stock market is up,” she said. “But it’s not 100 percent. We still have foreclosures and we still have short sales.”

Text Only | Photo Reprints
Latest News

AP Video
Renewed Violence Taking Toll on Gaza Residents 2 Americans Detained in North Korea Seek Help US Employers Add 209K Jobs, Rate 6.2 Pct House GOP Optimistic About New Border Bill Gaza Truce Unravels; Israel, Hamas Trade Blame Raw: Tunisia Closes Borders With Libya Four Rescued From Crashed Plane Couple Channel Grief Into Soldiers' Retreat WWI Aviation Still Alive at Aerodrome in NY Raw: Rescuers at Taiwan Explosion Scene Raw: Woman Who Faced Death Over Faith in N.H. Clinton Before 9-11: Could Have Killed Bin Laden Netanyahu Vows to Destroy Hamas Tunnels Obama Slams Republicans Over Lawsuit House Leaders Trade Blame for Inaction
Photos of the Week