Here we are, start of the Bedford NH Spring Market. What is the Bedford Home market doing these days. Well it appears to still be pretty strong. So be it, not like 2005 when you got your asking price then some. But the stats prove that the market is still strong.

Bedford Home Stats

As of 5/24/09 and according to the local real estate board, NNEREN, there are;

131 active listings

1 – 0 – 199,999

14 - 200,000 – 299,999

39 - 300,000 – 399,900

24 – 400,000-499,900 

10 – 500,000 – 599,900

11 – 600,000 – 699,999

9 – 700,000 – 799,999

7 – 800,000 – 899,999

7 – 900,000 – 999,999

9 – 1,000,000 plus

54 Pending / Contingent Listings

3 – 0 – 199,999

9 – 200,000 – 299,900

10 – 300,000 – 399,999

18 – 400,000 – 499,999

6 – 500,000 – 599,999

3 – 600,000 – 699,999

0 – 700,000 – 900,000

5 – 900,000 plus

54 Sold properties YTD

6 – 0 – 199,999

9 – 200,000 – 299,999

17 – 300,000 – 399,999

8 – 400,000 – 499,999

5 – 500,000 – 599,999

4 – 600,000 -699,999

5 – 700,000 plus

Year to date the Bedford NH homes in the range of 300,000-399,999 appears to win the median price popularity contest, but with 18 under contract vs. 10, the 400,000 – 499,999 range proves to be very popular and the hotter median range right now.

When the pending properties at least equal 25% of the active properties in a market and solds equal 50% of current actives over a 6 month span, that is a good sign of a strong market. That is what the 300,000-399,999 range has done YTD. Any time there are properties under contract, which is equal to 50% of the currents or better, and solds are 25% or greater then currents that is also a sure sign of a strong market and that is the 400,000-499,999 market.

Bedford NH is still a sought after town to live in with a well ran infrastructure and amazing schools and it still has a solid real estate market.

Regards,

John D. Moscillo

ReMax Synergy

1 Constitution Dr.

Bedford NH 03110

To view all properties for sale in Bedford and other NH towns please visit www.MyBedfordNH.com

This entry was posted on Sunday, May 24th, 2009 at 9:19 am and is filed under Bedford. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.