There’s no questions the local housing market did take a hit. But since 2005 the local market has begun to adjust and the average days on market has dropped and the median sales price has gone up in Lebanon, NH. In 2014 the median sales price of a home in Lebanon has risen to $235,750 compared to $201,098 in 2010.
This trend is also found in the neighboring town of Hanover, NH where the median sale price in 2014 reach $597,000 compared to 2011 when it was $499,000.
What does all this mean? It’s a good time to sell and it is the right time to buy, the rates are still attractive and prices are on the rise.
For more information contact me at shane@uvmaxre.com or 603-252-6757 or search MLS#4393468
*The listings in the blog are subject to errors, omissions, and changes without prior notice. Information was downloaded from NNEREN on 2/16/2015 RE/MAX Upper Valley may or may not be the listing agent for these properties. Additional properties not on MLS may be available and not referenced
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