Despite strong economic growth in 2018 and Q1 of 2019, the dollar volume of commercial sales transactions declined in both large ($2.5 M+) and small (less than $2.5 M) markets in Q1 of 2019 over the same period one year ago. A recent National Association of Realtors survey reported an average 8% decline in sales volume. Commercial property prices are still broadly trending upwards, although at a modest pace of approximately 2% so far this year. By property type, the apartment sector has been the best asset class, followed by industrial sector, then office and finally retail.
If you're ready to buy, sell or lease, call us, we’re ready to help you no matter what you want to do: buy, sell or invest in industrial, retail, office or multi-family properties. If we don't have it listed, we can find it for you!
Hudson, NH 603-809-3399
Summer is nearly here and the Southern New Hampshire real estate market is well underway. The number of homes for sale is still lower than the number of buyers looking for homes, but there are many properties being listed and sold every day. Residential sales prices continue to increase and interest rates have stayed stable. The Federal Reserve recently announced that no further interest rate hikes are planned for 2019, welcome news to the real estate industry. Adverse weather in the first quarter impacted the market downward a bit, but there were improvements in March and April is also showing improvements.
According to the NH Association of Realtors, market stats for April 2019 (as compared to April 2018) are in and are as follows:
If you're ready to buy or sell, call us, we’re ready to help you no matter what you want to do: buy, sell or invest in single family homes, condos, townhomes, multi-family properties or vacant land. If we don't have it listed, we can find it for you!