Salem, NH Real Estate News

By Ross Therrien, Realtor, Broker Associate
(Prudential Verani Realty, Londonderry,New Hampshire)
The real estate market is Salem,NH shows great signs of affordability. Homes for sale in Salem range from a $55,000 2 bedroom tear down with access to Arlington Pond to a $1,000,000 "piece of heaven" on Captians Pond. Currently there are 164 homes for sale in Salem, NH. The median asking price is $289,900.  The typical house for sale is a 3 bedroom, 2 bath 2000 square foot home.  There are an additional 34 homes with sales pending to close within the next 60 days. The median asking price for these homes is $244,900. Since April 30th 2010....100 homes have sold in Salem,NH with a median sales price of $258,000.  Average days on market was 104 days. (Data obtained from the Northern New England Real Estate Network-MLS)   Map of Salem Homes in My Area See these Salem, NH Homes for Sale on Z...
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By Jim Miller, Realtor, Southern NH Real Estate
(Bean Group)
Salem New Hampshire Real Estate Market Report 3rd quarter 2010 Single Family Homes In the 3rd quarter of 2010 there were 50 homes that closed in Salem New Hampshire. This is a decrease of 14 homes, as there were 64 homes that closed in the 3rd quarter of 2009. The median list price for the homes that closed in Salem for the 3rd quarter of 2010 was $259,900. The median list price for the homes that closed in Salem for the 3rd quarter of 2009 was $259,950. The median sale price for the homes that closed in Salem for the 3rd quarter of 2010 was $249,900. The median sale price for the homes that closed in Salem for the 3rd quarter of 2009 was $249,500. The median market time for the homes that closed in Salem in the 3rd quarter of 2010 was 100 days. The median market time for the homes that...
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By Jim Miller, Realtor, Southern NH Real Estate
(Bean Group)
Salem New Hampshire Real Estate Market Report 3rd quarter 2010 Condominiums and Townhomes In the 3rd quarter of 2010 there were 7 condominiums and townhomes that closed in Salem New Hampshire. This is a decrease of 2 condos, as there were 9 condos that closed in the 3rd quarter of 2009. The median list price for the condominiums and townhomes that closed in Salem for the 3rd quarter of 2010 was $135,900. The median list price for the condominiums and townhomes that closed in Salem for the 3rd quarter of 2009 was $165,000. The median sale price for the condominiums and townhomes that closed in Salem for the 3rd quarter of 2010 was $125,500. The median sale price for the condominiums and townhomes that closed in Salem for the 3rd quarter of 2009 was $155,000. The median market time for th...
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By Marty Patrizi, Multiply Your Propertunities
(The Bean Group)
Salem NH Real Estate Report August 2010 We are looking at homes sold data for the last four years verses the last twelve months to determine the state of the market.  In 2006, 298 homes sold and spent an average of 84 days on market indicating a very brisk market.  In 2007, 50 less homes sold at 248 and the days on market went up to 103 as a result of a recession looming.  For 2008, 29 less homes sold at 219 and days went up again to 119.  While the Federal Home Buyer Tax Credit was established to prop up a sagging national market in 2009, 50 more homes sold and days edged up to 124.  In the last twelve months, 253 homes sold and spent less time on the market at 103 days. Salem NH Real Estate Average Sales Price The average sales price in 2006 was $309,207 and dipped 2% to $303,551 in 2...
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By Jim Miller, Realtor, Southern NH Real Estate
(Bean Group)
Salem NH Adult Community Homes and Condominiums The southern New Hampshire town of Salem has several options for adult living communities. These communities include Kensington Place, The Club at Meadowbrook, The Village at Town Center and Wellington Court. Click on the placemarks in the map below for more information on each community. View Salem NH Adult Community Homes in a larger map Jim Miller is a Salem NH Realtor with Coldwell Banker and provides buyer and sellers with professional real estate services. Jim is a licensed real estate agent in New Hampshire and Massachusetts. Realtor Salem NH 03079 Salem NH Real Estate Market Report. Active adult communities in Salem New Hampshire are also known as age targeted, active living, active adult 55 plus, active lifestyle communities, 55 p...
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By Lew Corcoran, ASP®, Home Stager & Real Estate Photographer
(Scena Home Staging & Decora Photography)
Home Value Update for Salem NH Through September 2009 According to Zillow.com, the listing prices of single family homes have increased 5.0% in the last 3 months, while listing prices of condos have declined 0.2%. The current mean listing price of homes for sale on the market in Salem, NH, is $280,000. Below is a chart of the trend of listing prices of homes for sale in Salem, NH, in the past year through September 2009: Median List PriceMore Salem Home Values   If you're looking for a home or condo to purchase in Salem, NH, or in the surrounding area, then try this home search. You can still buy a home with no money down with the USDA Rural Development Home Loan program. With the FHA Mortgage program, you can purchase a home with as little as 3.5% down. When you're ready to buy a home,...
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By Lew Corcoran, ASP®, Home Stager & Real Estate Photographer
(Scena Home Staging & Decora Photography)
Get a Free List of Websites of Government and Bank Foreclosure Listings in Salem, NH There are a number of websites that contain free listings of government and bank foreclosed homes in Salem, NH. These websites contain descriptions, color photos, and addresses of the foreclosed homes for sale in Salem, NH. And, most of these websites have government and bank foreclosure listings nationwide. There's no charge to search the foreclosure listings on any of these websites, and there's no 7-day free trial period either. Virtually all of these websites do not require any personal information to get access to the government and bank foreclosure listings. You can access these foreclosure listings anytime you want and as often as you want - free of charge!  Get your own directory of free website...
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By Lew Corcoran, ASP®, Home Stager & Real Estate Photographer
(Scena Home Staging & Decora Photography)
FHA, VA, and USDA Rural Development Loans in Salem, NH Are you looking for a home mortgage loan in the Salem, NH area? Then you've come to the right place! Northeast Community Mortgage is a mortgage broker serving Salem, NH, and many of the surrounding areas. When you decide to buy a home or refinance a mortgage in Salem, NH or in the surrounding area, your search for a home mortgage loan should start and end here.  With so many lenders to choose from in the greater Salem area, you should choose one you can trust to find the mortgage loan that will best meet your needs. As a mortgage broker, we help our clients obtain a loan from the lender who has the terms that best matches their needs. In terms of mortgage programs, we specialize in FHA, VA, and USDA Rural Development loans. We also ...
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By Lew Corcoran, ASP®, Home Stager & Real Estate Photographer
(Scena Home Staging & Decora Photography)
The Mortgage Interest Rate Lock Advisory for Salem NH for October 30, 2009 Here are some of the events affecting mortgage interest rates today in Salem, NH. What the Mortgage Backed Securities Market is Doing Today: The price of the FNMA 30-Year 4.5% MBS coupon opened at 100.97 this morning - up 6/32 from yesterday's close. The FNMA 30-Year 4.5% MBS coupon is currently trading at 100.97 - the same as its opening. Remember, on mortgage backed securities (MBSs), as the price goes up, the yield comes down - and mortgage interest rates come down with it. I expect that mortgage interest rates will be the same or 0.125% better in price this morning as compared to yesterday. Recent Activity in Mortgage Backed Securities: The chart below shows the price trend of the FNMA 30-Year 4.5% coupon ove...
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By Jim Miller, Realtor, Southern NH Real Estate
(Bean Group)
Salem, New Hampshire Active Adult Living Communities Located just 35 miles north of Boston, Massachusetts, Salem offers small town rural living with all the advantages of a city. Set halfway between Boston and Concord New Hampshire, Salem is perfectly located for city commuters and outdoor lovers alike. Convenient to just about anywhere, Salem offers close proximity to Nashua, Manchester and Concord NH. Easy access to both Routes 93, 101 and 495 allow for less than a hours drive to Boston, MA the New Hampshire seacoast and the New Hampshire Lakes Region. Many styles of adult community condominiums are available for sale in Salem including garden style condos, multi floor townhouse and detached single family style homes. Each home and each development has it’s own unique style and flair....
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By Fred Doleac, Real Estate in a Virtual World
(Fred Doleac - Bean Group)
Salem New Hampshire Real Estate - Foreclosed, Bank Owned and Short Sales Register to receive Salem, NH real estate foreclosure (bank-owned) listings and short sale opportunities. One of our Salem New Hampshire real estate professionals will contact you and provide: * A list of existing real estate foreclosure (bank-owned) and short sale listings in Salem NH. * Email alerts on NEW foreclosure (bank-owned) and short sale listings in the New Hampshire MLS. * Address and mapping information.   Start receiving daily or real-time Salem NH foreclosure and bank-owned (REO - real estate owned) listings and short-sale opportunities. Click on Salem NH Foreclosures and Bank Owned Homes   Visit Salem, New Hampshire Real Estate to receive school reports, search the MLS, request a CMA, obtain relocati...
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By Fred Doleac, Real Estate in a Virtual World
(Fred Doleac - Bean Group)
SALEM, NH REAL ESTATE VIRTUAL VISIT Real estate professionals from RE/MAX Country Properties will assist you in finding the right property that meet your needs and provide you with specific information about the community.  A brief look at the community of Salem, NH: Salem, New Hampshire is the "Gateway to New Hampshire". Just over the Massachusetts border, the town sits conveniently along Interstate 93, less than an hour's drive from the culture and excitement of Boston and the beauty and tranquility of New Hampshire's White Mountains, Lakes Region and Atlantic Ocean coast. Originally settled in 1652, the community was originally known as the North Parish of Methuen, Massachusetts. After a boundary dispute between the New Hampshire and Massachusetts Bay colonies was settled, the commun...
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By Jay McGillicuddy, Real Estate Broker
(Berkshire Hathaway HomeServices Verani Realty)
This is my 19th consecutive year playing in the Wilderness Golf League. We play at Campbell's Scottish Highlands Golf Course in Salem, NH.We started at the earliest point on the calendar we can. Some years we have been extended out due to weather conditions. This year was bright and sunny but awfully windy. Our first group started at 3:50 and it was about 44 degrees. We were the 3rd group and when I finished it was 38 degrees.At times while standing on the green you had to brace yourself from being pushed by the wind. I also had to switch hats from my golf hat to my winter knit hat to keep my ears warm. Decked out with a nice heavy sweater and an extra large wind breaker and walking the course I stayed fairly warm. I also used my winter golf gloves to keep my fingers from freezing.It wa...
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By Monika McGillicuddy, Southern NH & the Seacoast Area
(Berkshire Hathaway HomeServices Verani Realty)
When I was a little kid growing up in Salem New Hampshire there was a place called Mystery Hill Caves. Mystery Hill drew the attention of us kids in a magical scary way. We went out of our way to talk about or should I say invent scary Mystery hill stories. I loved the place and lived within walking distance. Mystery Hill was known to be a cool maze of man-made chambers, walls and ceremonial meeting places. Ceremonial meeting places...sacrifice chambers is what we called them. At night the place was pretty spooky but by day it was a fun place to visit. Over the course of time Mystery Hill turned into America's Stonehenge at Mystery Hill and it has a very interesting history including Archaeoastronomy, the Underground Railroad system to The Davinci Code and much more. America's Stoneheng...
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By Monika McGillicuddy, Southern NH & the Seacoast Area
(Berkshire Hathaway HomeServices Verani Realty)
This morning as I drove to Windham to teach the new member ethics orientation class for the Granite State South Board of REALTORS, I was pretty excited. Was it open? I kept wondering about the new 111 bypass. It has been a project in the works for a few years and planned for many more. Would it finally be open? It was supposed to open on Monday but it wasn't. When I left on Monday to go to Vermont I purposely drove that way so I could experience the new road...it wasn't open even though the newspaper said it would be. I was bummed! I've traveled this stretch of route 111 for years and getting from my house to the board office or route 93 should only take 15 minutes tops. Due to traffic congestion however that ride could be as long as 30 minutes plus!  Never an easy ride! I've always fel...
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By Monika McGillicuddy, Southern NH & the Seacoast Area
(Berkshire Hathaway HomeServices Verani Realty)
Salem NH is home to one pretty disgusting fright sight! The haunted mansion at Victorian Park and the Forbidden Forest are sure to test your ability to stay calm and not let your inner fears take over.  They claim that this years "frightmare" has more twists, turns and torment than ever before. Sounds frightful!This is their 13th season of hauntings and this year they have 40 live actors bringing to life a very "intimidating and eerie environment" all for your...enjoyment LOL!  I love all the Halloween frights ...but this one is truly SCARY! Freak your self out with haunts like the Psycho Shower, Hall of Coffins, Bottomless Pit and of course the Forbidden Forest all designed to make you run screaming out of the woods. This is a great place to enjoy all the Halloween frights that you can...
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By Jay McGillicuddy, Real Estate Broker
(Berkshire Hathaway HomeServices Verani Realty)
The back nine at Campbell's plays at least 4-5 strokes easier than the front nine. When you hear people talk about course management this back nine is where you really need to use course management. After you have rested walking up the hill from nine there is an easy stroll over to the 10th tee.                                                                                             The picture below is of the 10th green in the distance   The 10th hole is a 295 yard par 4 straight away with a large Oak tree smack on the left side of the fairway close to the green with a sand trap just behind it. This green is reachable but I won't pull my driver out on this hole at all. Out of bounds to the left and woods on the right, reachable with a push drive. Depending on where the markers are I...
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By Jay McGillicuddy, Real Estate Broker
(Berkshire Hathaway HomeServices Verani Realty)
Campbell's Scottish Highlands Golf Course is located off of exit 2 off interstate 93. Take Route 38 in Salem, NH head towards Pelham and take a left on Brady Ave. and it's just down the road a bit on the right. This photo is the tenth fairway looking over the 13th hole tee box.This year the course seems to be in excellent condition. The faiways are plush, the rough is thick and narly. The greens are coming in real nice. They seem to roll very true. My biggest complaint is that the golfers who play here need to be very careful and repair their ball marks. I usually have to repair a half dozen ball marks on every hole every round I play.I play here every Wednesday evening in the Wilderness Golf League, which I am now in my 18th season and there are only about 6 of the original guys still ...
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By Jay McGillicuddy, Real Estate Broker
(Berkshire Hathaway HomeServices Verani Realty)
Salem New Hampshire Hidden GemLocation: Salem, , NH Lovingly updated and ideally located, this Salem home offers all modern conveniences, fully applianced kitchen, cabinets galore, updated bath, 3 bedroom home office use. Partly finished lower level. Huge roofed deck for expansion. A true must see.InformationContact InformationJay or Monika McGillicuddy603-548-7685 or 603-548-7728Contact Reply FormForward to a FriendView Other FlyersPricingAsking Price: $289,900.00Property Location14 Martin Ave.Salem, , NH 03079View MapLinksView Home TourFeaturesBedrooms: 3Bathrooms: 1Parking: 4Year Built: 1940Lot Size: .26 AcresGarage Size: 2 Car AttachedSchool District: SalemSquare Footage: 1411Agent Name: Jay and Monika McGillicuddyBroker: Prudential Verani RealtyMLS #: 2647762AttributesAppliancesRan...
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By Jay McGillicuddy, Real Estate Broker
(Berkshire Hathaway HomeServices Verani Realty)
Salem NH is the just over the Massachusetts border off of exit 1 on Interstate 93. Here is the sales data from January 1st thru November 26th 2006. These stats are taken from the Northern New England Real Estate Network MLS Residential Listings Active 187 Pending 20 Closed 192 % of List Price to Closed Average Sales Price $430,858 $384,483 $363,002 97% Average Days on Market 136 141 128   Median Price $369,000 $374,088 $329,450 95% Median Days on Market 104 132 102   Condo Listings Active 42 Pending 8 Closed 82 % of List to Closed Average Sales Price $201,593 $151,988 $199,904 98% Days on Market 221 188 146   Median Price $195,900 $129,900 $192,050 96% Median Days on Market 148 228 133   Jay and Monika McGillicuddyServing Southern New Hampshire and Rockingham CountyNew Hampshire Real E...
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