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Bedford NH Real Estate Spring Market Overview

admin_johnm — Sun, 24 May 2009 14:19:48 +0000

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

Bedford NH Median Home Prices

admin_johnm — Fri, 20 Feb 2009 02:48:20 +0000

According to Trulia.com, the median house price in Bedford NH for Nov 08- Jan 09 was $319,900 which is a decline of about 3% from the previous quarter. But the average listing price was $512,795. The median price range never reflects the accurate market, it takes all properties into the mix so if 1 sold for $100,000 and 1 for $1,000,000 it throws the average off for all the others

Accurate Bedford Home Sales

The actual MLS states for sold home in Bedford for the last quarter are as follows

$149,000-250,000 = 12 sales

$250,001-299,999 = 7 sales

$300,000-349,999 = 4 sales

$350,000-399,999= 7 sales

$400,000-449,999 = 7 sales

$500,000-599,999 = 4 sales

$600,000-699,999 = 2 sales

$700,000-799,999 = 2 sales

1 sale at $925,000

1 sale at 1,920,000

Hope that helps..

John

Search all Bedford homes for sale at http://www.johnmrealty.com/

Bedford NH Press Release:

admin_johnm — Sun, 08 Feb 2009 18:47:32 +0000

Appointments to Boards, Commissions and Committees for 2009 Vacancies

Each year there are vacancies that occur on various Boards, Commissions

and Committees due to resignations and terms that expire. The Bedford

Town Council does send out letters to all members whose terms are to

expire in March of each year, however this is the opportunity for citizens of

the Town of Bedford who may have an interest in serving their town

government to contact the Council with their letter of interest.

Bedford NH Press Release

was taken from www.BedfordNH.org Please visit that site to view the whole press release and to find the applications.

TO search for all homes in Bedford NH visit www.JohnMRealty.com

Bedford NH Foreclosures

admin_johnm — Wed, 04 Feb 2009 14:01:46 +0000

In a previous post I had mentioned how well the Bedford NH Real Estate Market is doing. In some cases that still holds true. But let’s talk about the Bedford NH Foreclosure scene. The foreclosure mess is not biased, it does not pass your door because of the town you live in, size of the house etc. People are in trouble all over.

Bedford NH Foreclosures -

Here are some Bedford NH foreclosures which have hit the market for sale, sold or are coming.

30 Pasture Lane Bedford NH – Will be listed for about 599,900

101 King Rd Bedford NH is under contract and was listed at 525,000

4 Cambell Rd. Bedford NH – Sold for 393,000 -

28 Nathan Cutler Bedford NH – Sold for 365,000

17 Edinburgh Bedford NH sold for 339,900

42 Marston Drive Bedford NH sold for 650,000

There are also many others which have sold for much less. 1 Gendron St. Bedford sold for 190,000, 42 Forest sold for 185,000, 18 Mack St sold for 251,000.

7 Mack St. is currently available for 199,900 and 18 Birchwood Circle is availabe for 319,900.

As you can see, the foreclosure problems of the world did not bypass Bedford. All the reports I receive state that 2009 is going to be worse then 2008. If what those reports state are accurate then hold onto your socks, I thought 2008 was pretty harsh.

See all Bedford NH Homes For Sale at 1 easy site.

Regards,

John Moscillo – NH Realtor

Re/Max Synergy

Bedford NH Real Estate Market

admin_johnm — Fri, 21 Nov 2008 15:40:59 +0000

With everything we hear and see in the news about the NH real estate market etc… I would suggest that we do not overlook the positives of the situation and how strong Bedford NH Real Estate is. The reality of the current NH real estate market allows you, if able to purchase, the ability to purchase a property at a much lower purchase price then the years prior.

Bedford NH offers a great example of this.

According to Trulia.com the median price for a home in Bedford is $342,500 (as of 11/21/08) Years prior it was 10+% higher then that. This allows you to purchase a home in a town with a great school district, low crime etc.. and it will also allow you to build equity quickly when the market turns around. Bedford NH is a sought after town and continues to sell well. According to NNERENMLS.com (our local real estate MLS board) as of 11/21/08 – 255 propeties sold in Bedford NH. 190 with Conventional financing, 38 as a cash sale, 19 FHA, 5 VA, 1 NHHFA and 2 other types of financing. There is also a 96% list to sell ratio, which means you have a high chance of selling your home. And there is an average Days on Market (DOM) of 115. So while the market has come down some and is slow, Bedford NH has weathered the storm a little better then some of the surrounding towns and is still a great place to buy or sell.

Search for all of Bedford NH Homes for sale

Regards,

John