Merrimack County

There’s is much to be said about the month of March and despite April showers, the early months of Spring bring new growth all around and home sales are no exception to the city of Concord.

The single family residential market did extraordinary well in comparison to a sleepy winter period.  No surprises, however as warmer weather tends to spark both buyers and sellers.  For the month of March there were 24 sales transactions followed by a high of 29 for April.  The bitter-sweet statistics show there were 4 short-sales (homes selling for less than what they owe on the property) and 7 foreclosures in March followed by only 2 short-sales and 1 foreclosure for April.  Sales that occurred on either a foreclosure or a short-sale were as follows: [click to continue…]

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It stands to reason, while bears hibernate in the dead of winter, so too do some buyers and sellers.  However, with the start of warmer weather, the condo market in Concord is waking up.  Comparatively, we have seen tremendous sales growth over the last two months.  From 3 sales in both December and January to 7 in February to 8 in March and 7 April, these are signs that sales are gaining momentum. [click to continue…]

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Shying away from a year’s length of time on the market, sellers found relief when 7 properties transferred in February.     Selling at a median price of $179,500, condos ranged in price from $123,000 and $220,000.    Of the seven, there no foreclosures or short-sale transfers. [click to continue…]

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Coming from a high of sales volumes in the twenties through the fall and early winter, January’s dip to 8 sales could have been concerning, but February finished off both stronger in quantity of sales and less time on the market to sell.

Number of single-family home sales in January – 8

Number of single-family home sales in February – 13 [click to continue…]

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