Market Conditions for Berlin, New Hampshire Reported by Liz LePera, REALTOR, CRS, GRI, Broker/Owner, e-PRO Updated May 9, 2009.

Current Market Rating: 1 1 2 3 4 5 Buyer's Seller's

Current Price Trend: 1 1 2 3 4 5 Falling Rising

This report is for single family homes (not mobile or condo homes) sold through the Realtors MLS System. Private sales have not been tracked. Currently of the 103 single family homes on the market in Berlin, 14 are sale pending, about 13.5% of those on the market, still showing a buyer's market. Last year there were 10 sales by the end of April, but this year half that number has been sold, at an average price of $23,380.
(RECENT HISTORY
YEAR / # HOMES SOLD / PRICE % CHANGE
2000 / 46 SOLD / AVG $ 53,036
2001 / 62 SOLD / AVG $ 53,920 / +2 %
2002 / 132 SOLD / $ 55,371 / + 3 %
2003 / 92 SOLD / $ 64,709 / + 17 %
2004 / 115 SOLD / $ 81,038 / +25 %
2005 / 106 SOLD / $ 88,436 / + 9 %
2006 / 110 SOLD / $ 96,433 / + 9 %
2007 / 86 SOLD / $ 89,401 / - 7%
2008 / 77 SOLD / $62,702 / -29%
2009 - BY MONTH
MONTH / #UNITS SOLD / AVG SOLD PRICE
JANUARY / 7 SOLD / $ 49,414
FEBRUARY / 3 SOLD / $ 51,500
MARCH / 12 SOLD / $62,450
APRIL / 5 / $23,380
YEAR SOLD TO DATE
# SOLD / AVG PRICE / DAYS ON MARKET
27 / SOLD / $50,619 / 106 DOM
Based on information from the Northern New England Real estate Network, Inc. for the period Jan 1, 2000 through 4/30/09.

ZIP Code: 03570

Approximate Location Boundaries: Berlin

Location Characteristics: Berlin is located on the northern side of the beautiful White Mountains, with Mt. Forist sitting right in town, towering and watching over this New England city on the banks on the Androscoggin River.

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