Saturday, April 16, 2016

Info on the market

The Upper Valley Market is moving quickly, inventory is up in price from last year.

In Lebanon those who purchased a home early this year may have gotten the last of the bargain prices.

1/1/2016 to 4/16/16 median Selling price

in Lebanon was $202,000 with 20 homes sold,

in Hanover $565,000 with 11 homes sold

Currently the median selling price for homes under agreement

in Lebanon $275,000 with 41 homes

in Hanover $584,000 with 26 homes

Currently the median selling price for homes on the market

in Lebanon $279,000 with 39 homes on the market

in Hanover $639,000 with 43 homes on the market.

Prices are going up.

The Grantham market 10 minutes south of Lebanon outside of Eastman has very few home on the market only 24 homes, I have a great Cape with  acres for $259,000 waiting for a new owner, little pond on the property open around the house with hardwood floor on the first floor, southern yellow pine in the master.  See the link below

 

http://www.nnerenmls.com/nne/maildoc/rob3067_1460805660-Apr-16-2016-7_21_00am.html  

 

It isn't your imagination! We need more inventory out there!

 

What to know about the current market conditions

 

 

Inventory in our area is LOW...

 

 

The spring homebuying season favors the seller this year because of extremely tight inventory and likely higher prices, Trulia Chief Economist Ralph McLaughlin said Tuesday. This VIDEO from CNBC offers some key talking points to bring to your listing presentations. We are also letting our clients know this important market trend!

 

 

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Upper Valley

Bill Vierzen NMLS #101756

Greater Burlington 

Heather Torre NMLS #93241

802-242-2000

Heather@titlemortgage.com

 

Title Mortgage Solution, LLC NMLS Company # 70153 

  Branch NMLS #1455340 | Licensed by the New Hampshire Banking Department
VT Licensed Lender # 6132 and VT Mortgage Broker License #0194 MB

 

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*The listings in the chart above are subject to errors, omissions, and changes without prior notice. Information was downloaded from NNEREN. RE/MAX Upper Valley may or may not be the listing agent for these properties. Additional properties not on MLS may be available and not referenced

*Your information is not confidential until you have entered into an agreement for representation

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Thank you for your time;

Deb Roberts CHMS

RE/MAX Upper Valley Partners

Upper Valley Realtor of the Year 2010

| mobile: 603-381-3977 | www.DebHome4U.com | 603-298-8900

Licensed in New Hampshire and Vermont

 

 

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