Representing Upper Valley buyers exclusively since 1991. Lebanon NH, Hanover NH, Norwich VT, Hartford VT, Grantham NH Homes for Sale. Exclusive Buyers Agents for Upper Valley Real Estate. Condos near DHMC, Dartmouth College. Condos Lebanon NH, Hanover NH
2017 Upper Valley Real Estate Market Trends
Real Estate in the Upper Valley NH/VT continues to move. We recently compared 4th quarter 2017 to 4th quarter 2016. We also took at look at the trends when you compare 2016 to 2017. Here are the market snapshots results.
Hanover price growth is insignificant when you consider the inventory decline, usually less supply means higher prices – not really happening.
Norwich seems to be absorbing more sales as a result of the lack of inventory in Hanover and as a result seeing prices increase.
Significant single family unit purchase jump and price increases in Hartford, QLLA sales account for 1/2 the increase indicating the 2nd home market is improving.
Huge condo unit purchase jump and price increase in Lebanon due to Morgan Drive. The brisk sales and firm prices obtained at Morgan Drive seem to indicate there is significant demand for new housing in the right location.
Typically Upper Valley housing statistics in the MLS are difficult to analyze given the lower number of homes sold for this period. However, Lebanon, Hanover, Norwich and Hartford Real Estate markets are already showing record activity. Lebanon NH Real Estate Market: Low inventory and high demand continues to drive up pricing in the Lebanon Real […]
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