Carroll County Real Estate Market Statistics

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We are all guilty (media included) of looking at year-to-year sales and price statistics rather than the long-term view of  county data. 

Beginning in 1998, the state of NH median price of a single family home was $127,500.  In 2005, that number peaked at $270,000, a remarkable 112 percent increase (or a 16 percent per year average increase), 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 2009.)

The following statistics is for Carroll County and  includes the statewide year-end data from 1998  to 2009.  This information  is based on real data (not media speculation and hype)  and is encouraging to most of us in the real estate industry.

 
NEW HAMPSHIRE/CARROLL COUNTY 

SINGLE-FAMILY RESIDENTIAL HOME SALES
 
Statewide: 1998 to Present
Year       Units sold              % change              Median price        % change              DOM      % change
1998       14,507                   N/A                         $127,500               N/A                         146         N/A

1999       15,727                   +8.4                        $136,900               +7.4                        115         -21

2000       15,376                   -2.2                        $157,500               +15.0                      100         -4

2001       14,684                   -4.5                         $179,900               +14.2                      82           -18

2002       15,640                   +6.5                        $207,000              +15.1                      78           -5

2003       16,044                   +2.6                        $229,900               +11.1                      77           -1

2004       17,050                   +6.3                        $254,702               +10.8                      78           +1

2005       16,264                   -4.6                        $270,000               +6.0                        83           +6

2006       13,364                   -17.8                       $265,000               -1.9                         108         +30

2007       11,989                   -10.3                       $260,800               -1.6                         127         +18

2008       10,208                   -14.9                       $235,000               -9.9                         133         +5

2009       10,832                   +6.1                        $212,000               -9.8                         149         +12

 

Carroll County: 1998 to present

Year       Units sold              % change              Median price        % change              DOM      % change

1998       1,209                      N/A                         $95,000                   N/A                        275         N/A

1999       1,377                      +13.9                      $96,500                   +1.6                       205         -25

2000       1,379                      +0.1                        $113,000                +17.1                      164         -20

2001       1,277                      -7.4                        $129,900                +15.0                       121         -26

2002       1,363                      +6.7                        $146,000               +12.4                      109         -10

2003       1,373                      +0.7                        $169,000               +15.8                     98           -10

2004       1,532                      +11.6                      $199,000               +17.8                      108         +10

2005       1,420                      -7.3                        $210,000               +5.5                       114           +6

2006       1,166                      -17.9                       $220,000               +4.8                        135         +18

2007       738                         -36.7                       $229,000               +4.1                        154         +14

2008       648                         -12.2                       $205,000               -10.5                       168         +9

2009       714                         +10.2                      $185,000               -9.8                         157         -7

 

SOURCE: Northern New England Real Estate Network/NHAR

 

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This entry was posted on Thursday, February 18th, 2010 at 4:05 pm and is filed under Real Estate Statistics. 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.

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