The Damon Home Team at RE/MAX Insight

Manchester, NH

Single-Family Homes

www.DamonTeam.com



Manchester, NH

Mon May 17 2021
This week the median list price for Manchester, NH is $319,900 with the market action index hovering around 65. This is less than last month's market action index of 69. Inventory has increased to 60. Click here to stay informed with the Manchester market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Manchester, NH

Mon May 17 2021
This week the median list price for Manchester, NH is $319,900 with the market action index hovering around 65. This is less than last month's market action index of 69. Inventory has increased to 60. Click here to stay informed with the Manchester market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Manchester market.
Median List Price $319,900
Median Price of New Listings $318,200
Per Square Foot $150
Average Days on Market 49
Median Days on Market 14
Price Decreased 10%
Price Increased 7%
Relisted 0%
Inventory 60
Median Rent $4,000
Market Action 65
Strong Seller's Market

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$417,500 2,880 0.25 - 0.5 acre 4 3 28 3 1 21
$340,000 2,046 0.25 - 0.5 acre 3 2 71 5 3 14
$299,900 2,250 6,500 - 8,000 sqft 3 2 91 2 3 14
$265,000 1,920 4,500 - 6,500 sqft 3 2 81 6 3 21