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17 Village Drive
By Peter Francese
First quarter residential home sales in New Hampshire were 17 percent above 2011 and the highest they have been since 2007. Maybe it was the mild winter, or perhaps it was the rising stock market. Whatever it was, it may predict a very good year and the beginning of the end of this historically long period of flat home sales.
Every year for the past four years, first quarter residential home sales were in the narrow range of 1,675 and 1,900 units, and total sales for those years (2008 through 2011) never exceeded 10,800 units. During that same, four-year period, first quarter home sales averaged about 17 percent of the entire year’s sales.
First quarter home sales this year reached 2,223, the first time since 2007 that the number has exceeded 2,000. If that ends up being 17 percent of 2012 sales, the state would reach 13,076 homes sold in 2012, the most since 2006. If, as in 2007, first quarter sales end up being 20 percent of the year’s sales, we can expect about 11,100 homes sold in 2012, still higher than any year since 2007.
My view is that 2012 residential home sales will match the 12,000 sold back in 2007.
Here’s the sales data for the first quarter and annually since 2006
Hampton Falls is located in Rockingham County, New Hampshire. It is a typical rural New England town, with colonial homes, rolling farmland and apple orchards. Hampton Falls is home to Applecrest Farm Orchards, the largest and oldest orchard on New Hampshire’s Seacoast. An abundance of farms in Hampton Falls offer fresh grown produce, inlcuding strawberries, blueberries, apples and vegetables.
At the center of this quite and peaceful town lies the town green, a war memorial and a bandstand. The First Baptist Church and the Lincoln Akerman School are also located at the center of town. Located furthter down Route 88 is the town’s offices, library, police station and fire department.
Hampton Falls was settled in 1638, and became a town in 1726. The town’s name as derived from the falls on Taylor River. Famous Hampton Falls residents inlcude Wesley Powell, New Hampshire’s Governor in the early 1960’s and Warren Brown, a town historian and politician.
According to the 2000 U.S. Census Bureau, the population in Hampton Falls at the time was 1,890 people. This included 704 households and 546 families. The average family size was 3.03 and the average household size was 2.67.
Hampton Falls Real Estate and Homes: In 2000, there were 792 homes in Hampton Falls and an average of 60 homes (houses / condos) per square mile. In 2007, it was estimated that real estate in Hampton Falls was comprised of a total of 847 homes. This included 765 single-family homes and 70 multi-unit homes.
Please contact Better Homes and Gardens Real Estate The Masiello Group for homes for sale in Hampton Falls, New Hampshire, homes for sale in Rockingham County, New Hampshire, and for all your real estate needs.