MLS Market Statistics for Single Family Homes in Hanover NH
August Stats for Homes Sales in Hanover NH from the Multiple Listing Service!
The Hanover NH market has really felt the blow from the economic events of the past many months.
In August the number of single family homes sales dropped only 6% (from 17 in ’08 to 16 in ’09). The biggest indication of how much the bank and wall street fall outs have had are shown by the average selling price of homes in Hanover this month – they are down a whooping 49% from last August ($835,866 in ’08 to $435,982 in ’09). This tells me that wealthier home buyers of the past are either in a much weaker financial position and/or continue to be weary of purchasing in the current market.
More on condo sales in Hanover to come! Carol & Matt
