Hampstead New Hampshire Real Estate Market update
By Monika McGillicuddy, Southern NH & the Seacoast Area
(Berkshire Hathaway HomeServices Verani Realty)
The best way to try and show you what the Hampstead NH real estate market is doing is to create an Absorption rate chart for you. Hampstead NH Absorption rate Oct 2008... not a pretty picture. Currently there is a 21.7 month supply of homes on the market. This is based on sold data with no price range or size restrictions. If you narrowed it down to a specific price point and size it would narrow significantly. For example using the same time frame but adding the price range of $250,000 to $299,900 the chart would narrow down to 13 + months of inventory. 13 plus months is still pretty high. If you compare it to a year ago we're doing a little better. Which is a good thing! disclaimer.... All reports presented are based on data supplied by the Massachussets Real Estate, Boston Re...