Pelham Homes Sales Report for August 2014
The price of Pelham NH homes sold remained “even” over the last 3 months, , making the Pelham Mmarket very steady and consistent. Compared to last year the sold price decreased while the days on market improved significantly as well. Although the sold price was lower than the original list price, it still shows the market is very lucrative in terms of how quick homes get sold. When comparing to Pelham Home Sales August 2013, we see a little higher sales price, the same number of sales, and improved number of days on market compared to a year ago. Also, interestingly enough, last year the average SOLD price was almost higher than the average LIST price! When comparing this data to July and June, we see the following:
Month # SOLD Ave Sold Ave List* DOM**
August 2014 13 $319,950 $329,900 15
July 2014 14 $320,750 $333,250 25
June 2014 13 $378,500 $378,500 15
August 2013 14 $361,400 $358,900 35 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 August:
$100-200,000 3 active, 5 under agreement
$200-300,000 13 active,8 under agreement
$300-400,000 12 active, 6 under agreement
$400-500,000 22 active, 16 under agreement
$500-700,000 7 active, 0 under agreement
$800-1M 2 Active, 0 under agreement
Pelham Totals: 59 active, 35 under agreement (94 total) which shows a 9% increase in the number of homes on the market last year (2013)
2013 Totals: 52 active, 21 under agreement (73 total)
2012 Totals: 53 active, 23 under agreement (76 in all)
So, which one of these segments of the Pelham home market is YOUR HOUSE to be in? It’s great to see 60% of the homes on the market with 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 buyer: 16 Fairview Dr, originally listed at $399,000, this home sold for in 231 days for $340,000. This home is a 2000 colonial with 4 bedrooms, 2.5 baths, and 2 garages with 2668 sf living area on a 1.73 acres, and is close to Windham.
For the seller: 17 High , originally listed for $244,900, this home sold for $250,000 in 7 days. This 1984 built gambrel home has 3 bedrooms and 1.5 baths in 2064 sf with 3 garages on 3.72 acres. Congrats to the listing agent and the seller!
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 September 10th 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
** DOM: Days on Market