Pelham Homes Sales Report for July 2014
The price of Pelham NH homes is on an upswing, if you look at the numbers for the past two months, the numbers have steadily risen, this month homes have sold real quick, with homes just averaging 14 days in the market. A big drop from the previous two months! Surprisingly homes also sold for what sellers have been asking for or close to it. When comparing to Pelham Home Sales June 2013, the numbers don’t lie, homes have sold quicker and at a higher price, but buyers still make purchases, which would indicate an upswing for the 3rd quarter of this year. Here is a comparison of the previous months and last years. In May and April, we see the following:
Month # SOLD Ave Sold Ave List* DOM**
June 2014 13 $378,500 $378,500 15
May 2014 3 $378,000 $385,000 25
April 2014 12 $270,750 $285,000 76
June 2013 12 $322,730 $322,450 48 ONE YEAR AGO!!!
See the map below of where this months’ sales were within Pelham:
Check out “Market Insider” on my website to see the market trends in Pelham real estate over the last year. While at Market Insider, you can research many other topics (and even compare towns) regarding education, household income, crime, and more! Below are the numbers of houses in each of the segments of the Pelham NH real estate market at the end of May:
$100-200,000 3 active, 5 under agreement
$200-300,000 15 active, 5 under agreement
$300-400,000 19 active, 10 under agreement
$400-500,000 23 active, 9 under agreement
$500-800,000 6 active, 0 under agreement
Pelham Totals: 66 active, 29 under agreement (95 total) Numbers show that Pelham June totals have been stable for the last 3 years, with only a difference 5 to 7. both active and UAG’s are not far from each other either.
2013 Totals: 58 active, 32 under agreement (90 total)
2012 Totals: 64 active, 24 under agreement (88 in all)
So, which one of these segments of the Pelham home market is YOUR HOUSE to be in? 43% of the homes on the market have accepted offers. If you are interested in selling a Pelham home, and getting the most money for your sale, contact me today so we can talk about getting your house ready.
Now, for the Deal of the Month in the Pelham Homes market:
For the Seller: 7 Vassar Dr, originally listed at $269,900, this ranch home sold for $267,900 in just ( drum roll please!) 3 DAYS! Built in 1971. With 2 bedrooms, 3 baths, with 2,039 sf living area on a 1.06 acres.Congrats to the Sellers for a good sale!
For the Buyer: 20 PRIMROSE LANE , listed at $465,000 buyer was able to bag this beautiful colonial home for $442,500. Featuring 6 bedrooms and 5 baths in 3,593 sf on 1.13 acres, with all the bells and whistles Salutations to the buyer of this magnificent home!
If you or someone you know is interested in the Pelham home market now, give me a call at 603-318-6953 and I can help you become “Market wise” in YOUR SEGMENT of the market! To fully understand your competition (as a seller) or what opportunities are available to you as a buyer is your KEY TO SUCCESS! If so, I look forward to working the Pelham home market with you soon.
Alternatively, if you are unsure of buying a home (especially if it’s your first time), maybe a Home Buyer Seminar would be good. My next home buyer class is July 8th at 6:30 in Andover. Can’t make that date? Call or text me today at 603-318-6953 to schedule something asap. Additionally, you can check out my YouTube Channel: TeamKruzelTv.
* Ave list: this refers to the average list price of the homes SOLD during that 30 day period of time
Happy Independence Day!
** DOM: Days on Market