Neighbor News
RE/MAX INTEGRA, New England September housing report
Sales increased by 15%, and pending sales were up 14% over September 2014.
The residential market in New England remained strong through September 2015, with sales up 15% and pending sales up 14% over September 2014. New Hampshire led this growth with an impressive 20% increase in sales year-over-year, while average days on market in the state decreased by 12.5%.
Month-over-month, the market followed traditional seasonal trends with a 10.7% decrease in sales and slight decrease in median price.
Rhode Island home transactions increased 10.8% year-over-year, while median price increased 9.5%. Pending sales were up 21.7% year-over-year, once again the highest in New England.
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“We’ve seen steady improvement over the 2014 market since May of this year,” said Dan Breault, EVP/Regional Director of RE/MAX INTEGRA, New England. “While we’re seeing the market slow down, as it typically does after the busy summer season, it’s encouraging to see continued year-over-year growth as we move into the fall.”