New Hampshire Association of Realtors - 2008
Our priority is people, our focus is real estate
NHAR 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, we've compiled year-end 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, or 11.3 percent compounded annually), since which time we've seen the median price declines (down 1.9 percent in 2006 and 1.6 percent in 2007, then down 9.9 percent in 2008 and 9.8 percent in 2010) that seem dramatic primarily because of the booming market of the seven years prior.
Each of the following sheets includes the statewide year-end data from 1998 to 2009, along with similarly formatted data for individual counties. We hope this helps to paint a overarching 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.
GMNBR "Core Course", FRIDAY, 03/12/10
Board of Directors, MONDAY, 03/15/10
Professional Development Committee, MONDAY, 03/15/10
UVBR "Reverse Mortgages", TUESDAY, 03/16/10
GSSBR "NH Home Inspection Law & Procedures", TUESDAY, 03/16/10
NHAR "Lead Paint", THURSDAY, 03/18/10
GMNBR "Intro to Commercial", THURSDAY, 03/18/10
CVBR "Beware the Nightmare Closing", THURSDAY, 03/18/10
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