Rye Has Three Closings And Twenty New Listings For Sale In September

Rye NH Real Estate Market Report for September 2007

Rye saw three property sales close in the month of September with an average selling price of $391,667 which was 97.6% of the asking price. Average time on the market was nearly nine months at 266 days. This was the lowest number of closed sales in a month in Rye since March. A home on Big Rock Road sold for $500,000, setting the high price point for September.

Inventory continued to come on the market as 20 new listings went up for sale with an average listing price of $912,350.

Seven properties went under agreement to sell with an average listing price of $1,054,829. This is consistent with the number of pending sales in recent months.

Based on information from the Northern New England Real Estate Network, Inc. for the period September 1, 2007 to September 30, 2007.