Hampton, NH - April Pending Home Sales Drop 71% Over April 2007

Hampton, New Hampshire
Residential Real Estate Market Report for April 2008

There are currently 121 homes for sale in Hampton, NH. The average listing price is $456,791 and the average time on market is 173 days. In April there were a total of 25 new listings in Hampton with an average price of $533,496.

11 homes sold in Hampton, NH in April. The average sales price was $359,923 which was 92.1% of the asking price. Homes that sold were on the market an average of 179 days. Overall, closed transactions were down 26.7% from the same period last year. There were 5 pending home sales reported in Hampton in April. This statistic is more troubling for home sellers in Hampton - in April 2007 there were 22 pending home sales reported in Hampton - last month’s 5 pending sales is a precipitous 71% drop in sales activity.

Based on information from the Northern New England Real Estate Network, Inc. for the period April 1, 2008 to April 30, 2008.