Currently (as of 11/1) there are 124 single family homes on the market with an average list price of $265,371. In October, 23 homes sold with an average sales price of $227,802 (at 97% list price) compared to 32 last year for $233,763 (at 96% list price), for a 2.5% decrease in average prices since last year. The mean sales price in Rockingham County is down 3.77% from this time last year, and 11.4% year-to-date. Also 225 DERRY homes sold in 2009, approx. the same number of homes compared to this time last year. With 27 homes pending in October, this equates to a 4.5 month's supply of single family homes. We are still experiencing a Buyer's Market with home prices beginning to hold steady. With interest rates continuing to stay low, now may be a good time to buy!
For the Seller, this could be a great time to sell, because many frustrated Sellers have come off the market, and right now Buyers are trying to buy before they miss out on the Tax Credit, which has been extended through April 2010. So if you are priced right, and on the market now, there is less inventory for Buyers to choose from; and there is a very good chance your house will sell!
For an accurate assessment of your particular situation, call us at (603) 434-3992. We'll be happy to serve you!
Phyllis and Steve
ZIP Code: 03038 Approximate Location Boundaries: Derry is centrally located off Rte 93, about an hour north of Boston, an hour from the Seacost, and an hour from the White Mountains.
Location Characteristics: Derry is large-sized town in Rockingham County, with a small-town feel; and is one of the only towns in the region that has a walkable downtown with sidewalks and shops. Derry has an excellent educational system for kindergarten through high school, and is the home of Pinkerton Academy, a campus-style private high school with a student body of over 3,000 students. Pinkerton Academy IS the Derry High School, and also services parts of the region. The educational system and community activities are attractive for young families who want to settle down and raise their children.
About Phyllis and Steve Brown:
Steve and Phyllis Brown are full time Real Estate professional REALTORs. They provide real estate services in the Merrimack Valley region of Southern New Hampshire and Northern Massachusetts, which includes parts of Rockingham, Hillsborough and Middlesex counties.
As a long-time resident, Steve applies his local knowledge and experience to help you get the best possible results. Steve is an experienced Listing Agent, Relocation Agent and Buyer Representative.
Phyllis joined Steve in his practice 7 years ago. Phyllis has achieved certification as a Buyer Representative, as a Seniors Real Estate Specialist (SRES). Also, as an Accredited Home-Staging Specialist (AHS), she has the knowledge and the tools to present your property to maximize appeal and speed the sales process, often with little or no expenditures or financial investment.
Phyllis also brings an extensive client-oriented mindset from her former career in Nursing. Having worked for 30 years, closely with ill children and with the parents of children having very complex medical needs, Phyllis won accolades for high-level service. She is organized and efficient, and often provides research and follow-up services with customers and clients. This means a smooth transaction for you!
These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.
