Dover Single Family Market Active In 2007, Homes Sold For Average Of $323,371

Dover NH - 2007
Residential Real Estate Market Report - Single Family Homes

The Dover real estate market stayed fairly busy in 2007 before showing some slowing November and December in newly pending single family home sales.

How does 2007 compare to 2006?

In 2006 there were 533 homes that came on the market in Dover compared to 435 homes that came up for sale in 2007 - so there were 18.4% less homes that came to market in 2007. Yet there were actually slightly more (five) closed sales in 2007 than in 2006. Approximately 20% of the homes sold in Dover in 2007 were new construction.

Dover homes sold on average for 97.1% of the asking price in 2007.

There were 435 homes that came up for sale in Dover with an average listing price of $359,508. There were 245 homes that sold in Dover in 2007. The average asking price of the single family homes that sold was $333,614 and those homes sold for $323,371 for an average discount from listing price of 2.9%.

Notable sales included a new construction home at The Narrows On The Cocheco for $1,400,000 and a home with a deep water dock on the Cocheco River that sold for $1,140,000.

Based on information from the Northern New England Real Estate Network, Inc. for the period January 1, 2006 to December 31, 2007.