Manchester NH Real Estate Market REPORT March 6, 2023. The month of March is here and the Spring Real Estate Market is already under way. We have seen the amount of new single family home listings is increasing. The amount of sales is steady and strong. There is still a sharp shortage as we see more buyers than homes to sell them. Condominium sales are outpacing single family home sales as first time buyers look to buy affordable homes.We are seeing lines at open houses. We are seeing multiple offers again. We have also seen buyers starting to waive inspections and contingencies again on some offers. We are also seeing an increase in first time buyers. Yes, rates are higher, but many prices came down since last summer which may equal out in some cases. There are deals for buyers when yo... 03/06/2023

Manchester NH Real Estate Market REPORT Feb. 27, 2023. As we end the month of February, winter decides to arrive.  Also as February comes to an end, the Spring Real Estate Market is here. We have seen the amount of new single family home listings double last week. There is still a sharp shortage as we see more buyers than homes to sell them. WHAT SHOULD YOU DO? First off as with a changing market, you will find an Agents experience matters the most. Many have noticed some houses selling in days while others have been around a couple of months unsold. Many others notice  some buyers offers are accepted right away, while other buyers search for months.  That means you as a consumer should know with so many market changes, an Agents experience and skill matters the most.  We are seeing lin... 02/27/2023

Manchester NH Real Estate Market REPORT Feb. 20, 2023. On this third week of February, the Spring Real Estate Market continues to strengthen. We are seeing a string amount of buyers with very few homes on the market For Sale.  One change last week was an increase in Condo Listings. If you were thinking of Selling later in the Spring, maybe now is the time to sell to get a good price and terms. Simply reach out and I can tell you what your property is worth in today's market. WE ARE SEEING LOTS OF CHANGES AND CONFUSION IN THE MARKET THOUGH. Let me check MY CRYSTAL BALL and GIVE YOU SOME STRAIGHT TALK. It is the tale of 2 markets where some agents are swamped and others have no business. That means you as a consumer should know with so many market changes an Agents experience and skill ma... 02/20/2023

Manchester NH Real Estate Market REPORT Feb. 13, 2023. It is the middle of February and it appears the Spring Real Estate Market IS HERE. The weather feels like spring for sure. THE MARKET IS CHANGING AGAIN, Yes you read that right, with a severe shortage of homes listed for sale and a steady amount of buyers, we are seeing lines again for showings and multiple offers on our new listings.  WILL THIS TYPE OF ACTIVITY CONTINUE THROUGH OUT THE YEAR? Let me check MY CRYSTAL BALL and see what it says. To be honest, it is impossible to know what will happen alter in the year. I DO KNOW that Spring is the busiest time of year for Real Estate Sales as Listings usually Increase greatly. It is the time we see the greatest amount of Buyers. However, right now the Buyers are here, we just need more... 02/13/2023

Manchester NH Real Estate Market REPORT Feb. 6, 2023. February has arrived and the end of winter is in site. That means the Spring Real Estate Market is right around the corner. With snowy weather and then artic cold, New Listings are down for Single Family and Multi Family Homes. They are actually up slightly with condos. Pending Sales are steady while Mortgage rates actually fell.  THIS WEEKS QUESTION asks "What will the Spring Market bring?" Let me check MY CRYSTAL BALL and see what it says. Spring is the busiest time of year for Real Estate Sales as Listings usually Increase greatly. It is the time we see the greatest amount of Buyers. However, right now the Buyers are here, we just need more homes to sell them. That makes now a GREAT time to List your home and have us SELL it. With... 02/06/2023

Manchester NH Real Estate Market REPORT Jan. 30, 2023. As January comes to a close, the amount of Single Family home new listings doubled last week. The amount of Pending Sales increased greatly for both single family and condos. The amount of new condo listings though, fell greatly.  THIS WEEKS QUESTION asks "Is there more Pending Sales falling apart or does it just seem that way?" Let me check MY CRYSTAL BALL and see what it says. YES, you are seeing a greater percentage of homes that went "Under Contract" come back on the market. Inspection issues, Appraisal Issues, Buyers not getting approved or Buyers with Cold Feet, are the main reasons.There is a way though to reduce your odds that your sale will also fall through. Pricing your home correctly from the start. As your listing agent... 01/30/2023

Manchester NH Real Estate Market REPORT Jan. 23, 2023. As we start the third week of January we are seeing some new trends for this New Year. The amount of Single Family homes for sale fell once again last week. The amount of homes Selling remains strong and steady. Prices are down slightly. When you look at condos, the amount of new listings were up about 200% last week. We will keep an eye on how long and what price the new listings coming on the market take to sell.  THIS WEEKS QUESTION is what does the Multi Family Market Look like FOR 2023? Let me check MY CRYSTAL BALL and see what it says for 2023. Multi Family Listings are way down. The amount of people looking for them is strong though. Simply put we nee more properties to sell which makes this a great time to List with us and s... 01/23/2023

Manchester NH Real Estate Market REPORT Jan. 16, 2023. Well, January has felt more like spring than winter here in NH. That has people thinking more about Buying or Selling a home than skiing or Ice Skating. Prices are down a little. Interest rates are down a little and the total amount of homes for sale are also down. Our Sales though, are up. The biggest swing is the amount of multi family homes for sale is way down, although potential buyers looking to buy one, is way up. That makes now a great time to list and sell with us. The next question is "WHAT CAN WE EXPECT IN REAL ESTATE FOR 2023? Let me check MY CRYSTAL BALL and see what it says for 2023. Look for Interest rates to hold steady or even come down a little with the slow down in new mortgage starts for the first quarter. Look f... 01/16/2023

Manchester NH Real Estate Market REPORT Jan. 13, 2023. Well, January has felt more like spring than winter here in NH. That has people thinking more about Buying or Selling a home than skiing or Ice Skating. Prices are down a little. Interest rates are down a little and the total amount of homes for sale are also down. Our Sales though, are up.  The next question is "WHAT CAN WE EXPECT IN REAL ESTATE FOR 2023? Let me check MY CRYSTAL BALL and see what it says for 2023. Look for Interest rates to hold steady or even come down a little with the slow down in new mortgage starts for the first quarter. Look for a sharp increase in new listings as winter winds down. Look for a steady amount of buyers looking to purchase as banks are ready to give mortgages. You as a consumer have a choice and... 01/13/2023

Manchester NH Real Estate Market REPORT Jan. 9, 2023. Happy New Year to our our faithful readers. The question most asked the last couple of days does "New Year" mean "a New Market?" The simple answer is no, the market has already changed. We saw 4-5 times more listings hit the market in fall. We saw prices level off as interest rates went up. Then Thanksgiving came and we saw a sharp decline in listings once again. We are still a market in transformation. The next question is "WHAT CAN WE EXPECT IN REAL ESTATE FOR 2023? Let me check MY CRYSTAL BALL and see what it says for 2023. Look for Interest rates to hold steady or even come down a little with the slow down in new mortgage starts for the first quarter. Look for a sharp increase in new listings as winter winds down. Look for a stea... 01/09/2023

Manchester NH Real Estate Market REPORT Jan. 2, 2023. Happy New Year to our our faithful readers. The question most asked the last couple of days does "New Year" mean "a New Market?" The simple answer is no, the market has already changed. We saw 4-5 times more listings hit the market in fall. We saw prices level off as interest rates went up. Then Thanksgiving came and we saw a sharp decline in listings once again. We are still a market in transformation. The next question is "WHAT CAN WE EXPECT IN REAL ESTATE FOR 2023? Let me check MY CRYSTAL BALL and see what it says for 2023. Look for Interest rates to hold steady or even come down a little with the slow down in new mortgage starts for the first quarter. Look for a sharp increase in new listings as winter winds down. Look for a stea... 01/02/2023

Manchester NH Real Estate Market REPORT Dec. 26, 2022. Everywhere i go people want to know how the Real Estate Market is. Are any homes selling? Is anyone even buying homes? Are we facing a crash? Lets start with saying, Yes, homes are selling. Yes, People are Buying and No, there is no crash on the horizon. In 2008 seemingly overnight the banks stopped approving mortgages. No one could buy without cash and the market crashed. Today, banks are strong. Banks are approving mortgages. There is a variety of different mortgage choices for someone looking to buy a home. Prices have come down in a lot of areas which off set the rise in interest rates  The amount of  single family homes coming on the market has decreased once again last week. Typically the weeks from the week before Christmas t... 12/26/2022

I would like to Wish you all a very special MERRY CHRISTMAS from all of us to all of you. I am hoping all of your wishes and dreams come true. I thank you all for the support and inspiration in 2022 and look forward to a happy and healthy 2023.  Here in the Manchester NH area Real Estate Market. Many ask why all my blogs have a common theme. I think it is important to share my Real Estate stories whether good or bad so future Buyers and Sellers can learn and have a GREAT Home buying or Selling Experience. The common lesson is that as a Buyer OR Seller in this market you need every advantage you can to get your home sold. It starts with choosing the right agent. My philosophy is simple, provide more personal and professional service to guide my clients through each step of the buying or ... 12/25/2022

It is that time of year again, Let me share with you one of my timeless and infamous blogs. It was the Night before Christmas and all I could see, is a Manchester NH Home Seller kneeling by his tree. The Seller looked up, at the stars so bright, they wished for Santa to bring them a Listing agent, that would try... with all their might.  They had it for sale before, without even a bite. No one came and and no one could see, this beautiful house with this magnificent tree. Stockings were hung on the fireplace so nice, a completely redone inside and all, at such a good price.  A new kitchen, a new roof, but did it matter? Would they ever hear the clatter... of buyers walking through their home? I think not as they sit here reading this poem? They stared out the window at the newly fallen ... 12/24/2022

Manchester NH Real Estate Market REPORT Dec. 19, 2022. The amount of  single family homes coming on the market has decreased once again last week leaving some of the lowest inventories of the year. Meanwhile the Amount of new Condo listing tripled last week. The amount of buyers remained strong for this time of year.  WE ARE SEEING ON BIG CHANGE IN THE MARKET THAT NO ONE IS TALKING ABOUT - That would be HOME INSPECTIONS. A short 2 months ago they were unheard of as there was far many more buyers than sellers. Buyers waived them to even have a chance to get their offers accepted. With the slow down, buyers are not only having home inspections, but asking for everything to be fixed including the kitchen sink in some cases. HOWEVER, the response from sellers is not always what the Buyer ex... 12/19/2022

We are proud to announce this 2 Family Home in Manchester NH has SOLD and is now CLOSED. There are two (3) Bedroom apartments. Currently owner occupied and well cared for.  Located on a nice double lot. CONGRATULATIONS to our Buyers for closing on this fantastic property.       Scott Godzyk of the Godzyk Real Estate Services represented the Buyer on this sale.  Let us show you there is a difference. Experience matters.... --- PRICE: $449,900 Built in 1911 5 rooms, 3 bedrooms and 1 bathrooms EACH APARTMENT Size 2576 SF LOT SIZE: 0.50 acres ---WE CAN SELL YOUR PROPERTY TOO!!!  CALL TODAY FOR A FREE MARKET ANALYSISTO SEE WHAT YOUR HOME IS WORTH Search the MLS Multiple Listing Service by Clicking Here One should know that All Agents are not created equal and every buyer or seller should tak... 12/17/2022

We are Proud to report this 2 Family Home at 989 Valley Street in Manchester NH has SOLD and is now CLOSED. There are two (3) Bedroom apartments. Currently owner occupied and well cared for.    Located on a nice lot with a large patio. 1 car garage. 6 year old heating system and newer windows.   The property went Under Contract in just under a week. We call Sell yours too...    Scott Godzyk of the Godzyk Real Estate Services is the Exclusive Listing Agent for this sale.  Let us show you there is a difference. Experience matters....  Please email sctprop@aol.com or call 603.661.2121 with questions if you would like to buy or sell a home   WE CAN SELL YOUR PROPERTY TOO!!!  CALL TODAY FOR A FREE MARKET ANALYSISTO SEE WHAT YOUR HOME IS WORTH Search the MLS Multiple Listing Service by Clicki... 12/16/2022

Manchester NH Real Estate Market REPORT Dec. 12, 2022. The amount of  single family homes coming on the market decreased very slightly here in the Manchester NH area. The amount of  condos on the market is down by half this week.  Some changes we are seeing in the Manchester market are the average sales price is down and the average days on market is up from 8 to 13.  When it comes to Multi family home, most seem to be holding there value although the days on market has risen from 15 to 22. The amount of new foreclosures is up slightly.  When it comes to values, homes in the best areas and best conditions are fairing much better than a home needing work.You as a consumer have a choice and before rushing into hiring just anyone. You should know that not all agents are created the same. E... 12/12/2022

One of the most asked questions is " How many homes are For Sale in the Manchester NH area? Lets also take a look at what  has SOLD this year (2022) vs what was Sold  last year (2022). We break down the data between Single Family and Condominiums  Homes. You will see that although there is fewer sales in 2022 than 2021, the values increased sharply earlier this year. Single family values rose on average $355,234 to a sales price of $403,721 on average. Condominium values increased from $232,170 in 2021 to $267,542 in 2022. The amount of homes For Sale in 2022 is on average twice as many as there was in 2021.* * * * * * * * * *How many homes are For Sale in the Manchester NH area as of 12/7/2022There are 40 SINGLE FAMILY HOMES FOR SALE: The average Listed priced home is $466,733. The low... 12/07/2022

Manchester NH Real Estate Market REPORT Dec. 5, 2022. The amount of both single family homes and condos coming on the market doubled last week here in the Manchester NH area. Interest rates trended down slightly. We had one of our busiest weekends for real estate since the administration started raising rates. Prices have come down and buyers are buying.You as a consumer have a choice and before rushing into hiring just anyone. You should know that not all agents are created the same. Experience matters more than ever as the market changes. Knowing what to expect next. Knowing how to approach these changes. Knowing how to better guide you as a buyer or seller through these changes matters and comes with experience. Hiring an experienced agent like me who can navigate the market changes ... 12/05/2022