Advertisement

Change location:

Region

State

City

Manchester, Nashua, NH

You have successfully subscribed to the local housing data e-newsletter for .

If you wish to receive monthly updates for other market areas please subscribe to new markets using our expanded form.

 
 
 
 
 

Account Linking

Welcome, (USER NAME). Do you have an existing builderonline.com account?

Complete Registration

I would like to create a new account with my (SOCIAL NETWORK) profile information

What type of projects does your firm construct or design? (optional)

or
Link Existing Accounts
Unlock charts and graphs!

Once registered, see a dozen additional charts on 366 cities around the US.

 
Enlarge

Manchester, NH Local News

Manchester, NH - Recent Figures for New Home Sales Fall Year-Over-Year in November After Climbing Year-Over-Year in October

Posted on: Feb 06, 2012 09:30:31 AM

In the Manchester, NH market in November, new home sales fell year-over-year, sliding after a growth in October 2011. New home sales moved from 20 a year earlier to 18 after the figure moved from 13 in October 2010 to 14 in October 2011.

A total of 162 new homes were sold during the 12 months that ended in November, down from 164 for the year that ended in October.

Following a year-over-year increase in October, sales of new and existing homes slipped year-over-year in November.

Advertisement

Pricing and Mortgage Trends

The average price of new homes was $296,237 per unit in November, up 2.2%from a year earlier. This rise is smaller than the 13.9% hike in October year-over-year.

For newly sold homes, the average mortgage size saw a decline year-over-year in contrast to new home prices. In November 2011, the average mortgage size on newly sold homes saw a 12.8% fall from a year earlier. Average mortgage size on new homes went from $214,017 in October 2010 to $237,000 in October 2011. Of the overall sale price, the percentage that was being financed declined 12.7 percentage points year-over-year to 73.6% in November 2011.

 
 
Advertisement
 

Change location:

Region

State

City

 
 
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
 
Advertisement