Rye NH Homes - Rye Real Estate Market UpdateRye NH - Life along the ocean is just great and so is the real estate market! Check out the latest market update:
Rye New Hampshire's Real Estate Market UpdateCurious about the real estate market in Rye New Hampshire? Check out the charts below to see how our market is doing in relation to the same time frame from 2007. There are currently 67 homes on the market in Rye NH and there have been 32 homes sold so far this year as compared to 24 homes sold during the same time last year. That is an increase of 8 homes sold over the same time from last year.
The average price of Rye NH homes sold this year has decreased by $269,595. The median price has only decreased by $78,750. The decrease in the average sales price took place due to several very high-end homes having sold last year, in 2007. Days on market (DOM) for sold homes have increased on average by 21 days. The median DOM has only increased by 2 days. It will be interesting to see how many sale pending homes close by the end of the month, and how those sales will impact the numbers above in the 1st chart.
Are you thinking about making the coastal areas around Portsmouth New Hampshire or southern Maine your home? Call me today at 603-431-1111 x 3839, or send me an email, and let's talk real estate!
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Posted on June 28, 2008 01:00:00 by Ann.Cummings
Posted in Rye, Real Estate Market Reports
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