The New Hampshire Association of Realtors is attempting to stress the importance of looking at long-term real estate trends, rather than the media-driven fascination with individual, year-over-year sales and price statistics. With that in mind, they compiled statewide and county data beginning in 1998, when the statewide median price for a single-family residential home was $127,500. That number rose to its peak of $270,000 in 2005, a remarkable 112 percent increase (a 16 percent per year average increase), since which time we've seen the modest median price declines (down 1.9 percent in 2006 and 1.6 percent in 2007) that seem more dramatic primarily because of the booming market in the seven years prior.
The information in the links below contains the statistics for Rockingham and Strafford County. We hope this helps to paint a picture of the market that is more encouraging for New Hampshire than what national headlines might lead one to believe, but most importantly it is a picture that is based in actual data rather than speculation. Click on the following 2 links for data: http://www.nhar.org/docs/2008/98-07Rockingham.pdf and http://www.nhar.org/docs/2008/98-07Strafford.pdf The above link's information was compiled by the NHAR with the information obtained from the Northern New England Real Estate Network.
Photo: Another great day at Hilton Park, Dover NH This is one of my favorite spots..I can kayak from the ramp easily, there is plenty of parking, facilities, striper fishing and it's all free to the public!
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