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39 Wild Pasture Road
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
Stratham is a New England town located in Rockingham Count, New Hampshire. It is 32 miles from Manchester, 54 miles from Boston and 68 miles from Portland. The Squamscott River borders to the town to the west.
Stratham is home to the U.S. Lindt and Sprungli factory, the New Hampshire Community Technical Collegess, Stratham Memorial and the headquarters of the Timberland Corporation. Located in nearby Greenland is The Sandy Point Discovery Center. Habitats, wetlands, salt marsh and mudflats are all accessible via a boardwalk and trail.
Stratham hosts the annual Stratham Fair, held every summer at Stratham Hill Park. Thousands of visitors are attracted to the fair for its pageant, midway, food and fireworks
The town was settled in 1631. It was incorporated in 1716 and was named after Baron Howland of Streatham. Baron Howland was a friend of the Massachusetts governor, Samuel Shute, at that time.
According to the 2000 U.S. Census Bureau, Stratham’s population at the time was 6,355 people. This included 2,306 households and 1,743 families. The average family size was 3.18 and the average household size was 2.76. Stratham is comprised of 15.1 square miles of land and 0.4 square miles of water.
Stratham Real Estate and Homes: In 2000, there were 2,371 homes and an average of 157 homes (houses / condos) per square mile. In 2007, it was estimated that real estate in Stratham was comprised of a total of 2,806 homes. This included 2,069 single family houses and 724 multi-unit homes.
Please contact Better Homes and Gardens Real Estate The Masiello Group for homes for sale in Stratham, New Hampshire, homes for sale in Rockingham County, New Hampshire, and for all your real estate needs.