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Dover, NH Real Estate News

By Berkshire Hathaway HomeServices Verani Realty, Good to Know
(BHHS Verani Realty)
33-35 Silver Street, Dover, NH Just Listed Description Photos Maps & Local Schools Print Brochure $ Click for current price7 BEDROOMS | 6 (6 full ) BATHROOMS | 3970.0 SQUARE FEET Follow This Home! Portsmouth, NH Real Estate Dover, NH Real Estate Rochester, NH Real Estate Rye, NH Real Estate New Castle, NH Real Estate Greenland, NH Real Estate Presented By: Catherine Youngs 888-723-0306   Schedule a Showing/Request Info Property Description Premier new road access to Downtown Dover. This 3 units has separate utilities, electric, cable, all natural gas. Off street parking for 8 cars. New roof, appliances, windows, furnaces. one-3 bedrooms, 2-2 bedroom units, separate entrances, 1.5 bath each unit. No leases, all at will. No pet, no smoking building. washer,dryer in basement for tenants u...
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By Marty Patrizi, Multiply Your Propertunities
(The Bean Group)
Dover  NH Home Sales An analysis of Dover NH home sales over the last 8 years will give us an indication of were values will go with respect to the inventory of available Dover NH Homes For Sale.  New listings were fairly steady for the last 5 years.  2014 saw a 19% spike in new listings while sales only gained 4%.  Dover is a great community and it’s proximity to Portsmouth and the seacoast at affordable prices is why buyers are flocking to Dover NH.  Dover NH home prices vs say Portsmouth homes is another.  It is interesting to note that 14% of Dover NH home sales were new construction homes.  Expect this trend to continue now that builders are active again. Dover NH Median Sales Price vs Average Sales Price We look at Median Sales Price being a better indicator of price trends becaus...
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By Marty Patrizi, Multiply Your Propertunities
(The Bean Group)
New Construction Homes In Dover NH Are you on the hunt for new construction homes in Dover NH?  New construction homes are more energy efficient and many carry the modern amenities that buyers are looking for.  When comparing the price of new construction homes verses existing homes, buyers are seeing they can buy more home per square foot when purchasing a new home verses an existing home.  Why?  Because materials are more expensive today.  Labor rates in our area have been very steady over the last ten years.  Here is a look at some statistics I found interesting.  As a percentage of all homes sold, new construction homes sold in 2011 were 10.5%, 2012′s ratio bumped up significantly to 18.3%.  2013 saw that rate steady but this year’s ratio has fallen to 14%.  There are currently ove...
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By Berkshire Hathaway HomeServices Verani Realty, Good to Know
(BHHS Verani Realty)
  Schedule a Showing/Request Info Portsmouth, NH Real Estate Dover, NH Real Estate Rochester, NH Real Estate Rye, NH Real Estate New Castle, NH Real Estate Greenland, NH Real Estate   Joanne Mitsiaris BHHS - Verani Realty Portsmouth   888-723-0306 Office: 888-723-0306 Questions?Schedule a Showing! MLS#: 4383379   Information valid for the date of this posting only. Please contact us for the most current information and status of this property. 282 Central Ave Dover, NH Scan with your smartphone & take me with you. Description Photos Maps & Local Schools Print Brochure JUST LISTED     Beautiful 1 bedroom home for sale in Dover, NH! $ Click for current price 1 BEDROOMS 1 BATHROOMS ( 1 full ) 562.0 Square Feet Walk to town! This one bedroom unit has stainless appliances, living room. Larg...
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By Marty Patrizi, Multiply Your Propertunities
(The Bean Group)
Dover NH Open Houses Today August 24, 2014 The weather will be perfect for viewing some fine homes in Dover NH Real Estate.  Here is a list of open houses scheduled for Sunday 8/24/2014.  After seeing some of these, try some delicious ice cream at Golick’s Dairy Bar on Dover Point Road. $550,000 177 Spur Rd Rd, Dover, NH 03820   4 bd 3 bath DOM : 223 Days 3,260 Sqft MLS # 4331759   View details  Open House 9:00 to 11:00 Hosted by Mark Correnti of First Amoskeag Realty $379,000 25 Susannah’s Crossing, Dover, NH 03820   4 bd 4 bath DOM : 66 Days 2,864 Sqft MLS # 4365138   View details Open House 1:00 to 3:00 Hosted by Kristie Bower of Better Homes and Gardens Masiello Durham $370,000 385 Blackwater Rd, Dover, NH 03820   3 bd 2 bath DOM : 4 Days 2,228 Sqft MLS # 4379196   View details  Ope...
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By Berkshire Hathaway HomeServices Verani Realty, Good to Know
(BHHS Verani Realty)
  Schedule a Showing/Request Info Portsmouth, NH Real Estate Dover, NH Real Estate Rochester, NH Real Estate Rye, NH Real Estate New Castle, NH Real Estate Greenland, NH Real Estate   Elizabeth Rawding BHHS - Verani Realty Portsmouth   888-723-0306 Office: 888-723-0306 Questions?Schedule a Showing! MLS#: 4378268   Information valid for the date of this posting only. Please contact us for the most current information and status of this property. 3 BOSTON HARBOR ROAD Dover, NH Scan with your smartphone & take me with you. Description Photos Maps & Local Schools Print Brochure JUST LISTED     Beautiful 3 bedroom home for sale in Dover, NH! $ Click for current price 3 BEDROOMS 3 BATHROOMS ( 3 full ) 2409.0 Square Feet Spectacular describes the views from this property! 3 Bedroom, 3 Bath ho...
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By Berkshire Hathaway HomeServices Verani Realty, Good to Know
(BHHS Verani Realty)
  Schedule a Showing/Request Info Nashua, NH Real Estate Hollis, NH Real Estate Brookline, NH Real Estate Hudson, NH Real Estate Merrimack, NH Real Estate Mason, NH Real Estate   Susan Perkins BHHS - Verani Realty Nashua Berkshire Hathaway HomeServices Verani Realty 888-723-0306 Office: 888-723-0306 Questions?Schedule a Showing! MLS#: 4370784   Information valid for the date of this posting only. Please contact us for the most current information and status of this property. 13 Wilbrod Ave Dover, NH Scan with your smartphone & take me with you. Description Photos Maps & Local Schools Print Brochure Dover VIDEO       Beautiful 2 bedroom home for sale in Dover, NH! $ Click for current price 2 BEDROOMS 1 BATHROOMS ( 1 full ) 1008.0 Square Feet This 2BR fixer upper sits on a great lot in a...
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By Marty Patrizi, Multiply Your Propertunities
(The Bean Group)
What’s The Deal In Dover? Dover Real Estate has busted out of the doldrums in a huge way and seems to be one of the fastest growing communities in New Hampshire.  We gauge demand by the average days on market (DOM) for sold listings.  We see that demand grew 35% last year and is still cooking at 81 DOM.  Sales really took off in 2012 and have been steady since.  If you have seen any of my previous Market Reports, you know we have been lamenting the lack of inventory last year.  Good news for buyers: new listings are up 17% this year. Dover Real Estate vs Portsmouth Real Estate The demand for Dover Real Estate is bolstered by the demand for Portsmouth Real Estate.  What I mean by that is buyers who have been looking in Portsmouth realize they have to have pretty deep pockets to afford t...
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By Marty Patrizi, Multiply Your Propertunities
(The Bean Group)
Dover NH Home Sales Looking over Januray 2014 Dover NH homes sold, we see the average days on market at 92 with the mean falling in at 70 days.   In January of 2013, Dover NH Homes were selling on average at 100 days with the mean at 82 days. What does it mean for Dover NH home values? When homes are selling at a faster rate, it means the demand for Dover NH homes is higher.  And why not?  Dover is probably one of the fastest growing communities in New Hampshire.  Why?  Because Dover is a great place to live, work, play, and raise a family.  And maybe because the Portsmouth market is out of touch and out of reach for most.  Dover is close enough in proximity and more affordable.    Simply put, the laws of supply and demand dictate home values will continue to rise on a higher demand for...
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By Marty Patrizi, Multiply Your Propertunities
(The Bean Group)
Will Spring Come Early To Dover Real Estate? There is no doubt that the real estate business in New Hampshire is a seasonal one.  More homes sell during the summer and the spring market sets the pace.  Each of the last three years has seen the spring market come earlier than the one before.  In the chart below, I graphed the monthly sales over the last three years.  Keep in mind that on average it takes about 36 days from contract to close.  2011 saw sales spike in June and 2012 saw an early blip of a rush in February but the big spike came in May.  2013 saw it’s early spike in April.  Demand For Dover Homes Outpaces Inventory 2011 and 2012 saw end of year upticks in closings but 2013′s fell off.  If you have seen any of myrecent market reports, you know that I have been lamenting the l...
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By Marty Patrizi, Multiply Your Propertunities
(The Bean Group)
In this Dover NH Homes Sold Report, we're looking at year to date data since the beginning of the year and comparing it to the same period over the last three years to determine the health of the Dover Real Estate Market. Dover NH Homes In Demand An important factor we use to determine the level of demand in any particular market is the Average Days On Market (DOM).  In 2010, the now expired Federal Home Buyer Tax Credit was in effect and stimulated home buyers to take advantage of an $8,000 tax credit when purchasing a home.  The Tax Credit artificially propped up demand and as soon as it expired, the market returned to it's normal trends.  DOM today is at it's lowest level, 82 days, in this study indicating Dover NH homes are in high demand. Dover NH Homes Sales Post Up Again The bigg...
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By Marty Patrizi, Multiply Your Propertunities
(The Bean Group)
Whether you are a first time buyer or a seasoned investor, our Real Estate Information Night will bring you up to speed with today's real estate market.  For most of us, our home is our biggest investment and it really is all about the investment.  Please join us for the facts and some fun apetizers.  As a guest, you'll be entered for a $50 Gift Card.  Register today.
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By Marty Patrizi, Multiply Your Propertunities
(The Bean Group)
Dover NH Homes For Sale Inventory Shift Odd Pattern Here is a look at the inventory of => Dover NH homes for sale by price range over the last three months.   June's shift from affordable inventory to more high end homes on the market was astonishing to say the least.  Looking at July's inventory headed back to normal suggests June's shift was an anomaly but maybe not. Good Affordable Inventory It's good to see affordable homes inventory up again.  For weeks I have been lamenting the lack of inventory for Dover NH homes for sale in my other => Market Reports.  The sudden shift in inventory could be sparked by interest rates.  30 Year fixed rate mortgage interest has taken an ugly upward spike in recent weeks which has had two effects.  First time buyers are now feeling like they better ...
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By Marty Patrizi, Multiply Your Propertunities
(The Bean Group)
Happy Mother's Day to all our mothers.  The inventory of Dover NH homes for sale is illustrated in this chart.  There are currently 151 homes for sale in Dover and 76 of them are in the affordable range of under $250,000. Search Dover NH Homes and Condos For Sale => Happy In Dover Best Time To Buy The best time to buy is when prices and mortgage rates are down.  Here is a look at mortgage rate trends for the last 12 months.  Even though rates dipped last month, the experts say we shouldn't expect rates to follow that trend. Average Sales Price On The Rise Average sales price in Dover has been bouncing along the bottom for the last two years and are now starting to move up as evidenced in this Year To Date chart for the last four years .  Take advantage of the lower prices and lower mort...
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By Marty Patrizi, Multiply Your Propertunities
(The Bean Group)
Dover NH Real Estate Market There is no question the inventory of homes for sale in Dover is at an eight year low.  Over the last four years, we have had roughly 220-230 homes and condos for sale at any given time.  We currently have 139 homes and condos available and sales are quite brisk. Homes Sold Ten homes sold this week and there are 55 "active with contract" which means the sellers have accepted an offer and are still showing the property until all the contingencies of the contract are fulfilled.  Once that happens the listing moves into "pending" status.  We had six new listings come to the market this week. Click here to see => Dover NH Homes And Condos For Sale Mortgage Rates Bumping Along The Bottom Here is a look at mortgage rates over the last twelve months.  It looks like ...
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By Marty Patrizi, Multiply Your Propertunities
(The Bean Group)
Dover NH Home Values This Week March 30, 2013 Dover NH home values are being bolstered by inventory conditions.  There are currently 109 single family homes and 39 condos for sale in Dover.  This is way below normal inventory levels and yet demand for Dover homes and condos seems to be very high and will most likely increase over the summer months as buyers try to take advantage of low mortgage rates.   Dover Home Sales Sales of single family homes and condos were up 23% in 2012 from 2011 and home values gained 6.6%.   The demand for Dover homes and condos is evidenced by the average days on market for sold listings.  The first quarter of this year is way ahead of the first quarter of 2012.  Demand posted the best quarter with the fall rush before  the winter and holiday season hit.  Ev...
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By Marty Patrizi, Multiply Your Propertunities
(The Bean Group)
Dover NH Home Values Climb Taking a look at Dover NH home values we find average selling price is at $264,787 up 3.9% from $254,721 twelve months ago.  Median sales price is $248,000 up 10.3% from $225,000 twelve months ago.  Both indexes are headed upward and no doubt due to the inventory problem we have seen over the last four months but you would know that if you were paying attention to my previous => Weekly Dover NH Market Reports  Sellers have a good chance to sell at a higher price today and buyers find homes more affordable because mortgage rates are so low.  Are we at market equilibrium?  Probably as close as it gets. What About The Town Tax Assessment? Is the town assessment a true picture of value?  The town's all know how much money they need to pay for police, fire, town bu...
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By Marty Patrizi, Multiply Your Propertunities
(The Bean Group)
        NH Forecloures Searching for homes in NH or NH foreclosures can be hard especially for a first time home buyer because often they qualify for smaller mortgages.  Many homes in the lower price ranges are foreclosures.  Often NH foreclosures are not only financially distressed homes but they are also physically distressed homes.  Not all NH foreclosures are physically distressed or in the lower price ranges.  A foreclosure could be a great deal with the right information. NH Foreclosure Listings Don't even think you have the inside track on foreclosure listings.  Your => knowledgeable Realtor is your best source of real foreclosure information and listings.  The Realtor's MLS has put a stop to publicly posting a listing as a foreclosure due the copper theft epidemic.  When a list...
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By Marty Patrizi, Multiply Your Propertunities
(The Bean Group)
Current Inventory by Price Range Here is a look at the inventory broken down by price range as of this writing and below is a look at what it was two weeks ago.   Click here to see => All Dover NH Homes And Condos For Sale  Dover's inventory is growing again.   This week there are 190 homes and condos for sale and as the inventory grows we are seeing a wider and more varied inventory with respect to price range.  I expect this trend to continue and it will present the buyers of Dover NH Real Estate some great opportunities. Inventory by Price Range 3-9-2013 190 Homes and Condos For Sale   Inventory by Price Range 2-23-2013 144 Homes and Condos For Sale Something For Sellers...and Buyers Mortgage rates are headed upward.  Buyer's purchase power has an inverse relationship.  Sellers under...
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By Berkshire Hathaway HomeServices Verani Realty, Good to Know
(BHHS Verani Realty)
  Schedule a Showing/Request Info Salem, NH Real Estate Pelham, NH Real Estate Windham, NH Real Estate Atkinson, NH Real Estate Hampstead, NH Real Estate Plaistow, NH Real Estate   Prudential Verani Realty Salem Prudential Verani Realty Salem 888-723-0306 Questions?Schedule a Showing! MLS#: 4193266   Information valid for the date of this posting only. Please contact us for the most current information and status of this property. 1 1/2 Belknap Street Dover, NH Scan with your smartphone & take me with you. Description Features Photos Maps & Local Schools       INVESTORS TAKE NOTICE MAKE AN OFFER! $ Click for current price 7 BEDROOMS 3 BATHROOMS (3 full) 2494 Square Feet INVESTORS TAKE NOTICE MAKE AN OFFER! This 2 unit Duplex is within walking distance to downtown! One unit has been com...
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Dover, NH Real Estate Professionals