The average home sales price in Nashua, NH is $201,248, with an average time on market of 95 days. See available real estate for sale in Nashua, NH or view current real estate market conditions in Nashua.
Nashua, NH
OVERVIEW : Based on the number of sales for all three communities, the year ends with a “shrug”. But – statistically speaking – a “dropping price year” of 14% ( overall ) based on Median values. Once again, the diversity between communities is significant when you dig deeper into the data made available by NNEREN ( Northern New England Real Estate Network). [click to continue…]
Overview
Remember hearing the “thud” out there last quarter ? For those who may have missed it – here is a link to that report : 2nd Quarter 2010 Executive Home Sales Report. Based on year-to-date sales information, the “thud” reverberated in the Third Quarter of 2010. Although, again, on an apparently selective basis.
Third Quarter Comparisons
Mostly because we are dealing with smaller sample sizes (i.e. – less transactions), one should always be skeptical of attaching significant conclusions to quarterly data. For the Third quarter of 2010 in Amherst, Nashua and Hollis, NH – fourteen ( 14) Executive homes were sold at a median price of $128.53 per square foot. This compares to ten (10) homes sold during the Third Quarter of 2009 at a median price of $ 144.81 per square foot. An overall Selling Price decline of 12.67 %. [click to continue…]
OVERVIEW : Utilizing NNEREN ( Northern New England Real Estate Network ) data generated since 2002 for Nashua, Amherst and Hollis, NH , there were solid indications that luxury homes bottomed-out in 2008 and then began bouncing off that bottom and moving up during 2009 ( FYE 2009 – Executive Homes Market Blog) and the first quarter of 2010 ( 1st Qtr 2010 – Executive Homes Market Blog) . “Cautiously Optimistic” became the watch word. Prices holding to rising – number of transactions ( homes sold) still lagging however. [click to continue…]
Based on actual results for the first quarter, there was a ten percent improvement ( 10%) in sold pricing from the first quarter of 2009. Combining all three towns, Median pricing of the eight homes that sold in the first quarter was $148.50 per square foot . ( Note: 4th quarter of 2009 – Sold pricing was at $159.00 per sq/ft. ). The Median sized Executive home in Amherst, Nashua and Hollis appears to be stabilizing around 4,200 – 4,300 sq/ft. [click to continue…]
