NH Real Estate Statistics -- Average Days on Market 2006

Days on Market (DOM) is a reflection of the number of days a property is on the market (from the day it is listed on the MLS to the closing) and is a good indicator of market health.

Very simply, when properties take a long time to sell, the average DOM will be high, usually indicating a slow market. A healthier market will tend to have more activity and will usually denote a lower average DOM.

The following graphs show DOM of condos and single-family homes in four New Hampshire real estate markets including Manchester, Nashua, Portsmouth, and Concord for the year of 2006.

(click to enlarge)
(click to enlarge)

Labels: new hampshire real estate, nh real estate

posted by B. Samii @ 9:04 AM