October View of Year to Date Activity

Single Family Homes - Hudson, NH October statistics indicate that there were 77 active listings with an average list price of $301,208.  These homes have been on the market for 157 days.  14 homes are under contract and they were on the market for 110 days at an average list price of $238,414.  Sales pending average sales prices are 20% less than the current listings.

Condominiums – 69 condos were on the market with an average list price of $222,699 and a DOM of 204.  Only 6 sales were pending and the asking prices were $195,250 with days on market of 160.  Condominium activity continues to lag behind single family homes as better financing and affordability provide potential buyers with more options.

There have been 127 homes sold in 2009 at an average selling price of $269,437.  This is a slight decrease in value of -3% as compared to 2008 activity.  The average days- on-market was 103 and the list-to-sell ratio was 97%.  In 2008, there were 131 transactions with a DOM of 90.  Number of units sold and average sales prices indicate stabilization in the market.