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Hanover New Hampshire Real Estate Market Report - Full Year, 2018

Hanover NH Real Estate - Cover Art

 

Buying activity in the Hanover, New Hampshire real estate market remained strong in 2018.  The market saw eighty (80) sales of single-family homes, up 8% from 2017, with seventy-four (74) sales.  The average negotiating discount – the % difference between a home’s list price and sale price – was 2.99% in 2018, down from a high of 5.64% in 2009, demonstrating that buyers are paying closer to the asking price of houses than they have in years prior.

 

In regard to luxury sales of properties listed for over $1 million, there were nine (9) properties that closed in 2018, down from eleven (11) that sold during 2017.  Of properties that remained on the market at the close of 2018, eleven (11) were listed for over $1 million, up 83% from the same date in 2017, with just six (6) properties.

 

Prices in Hanover have appeared to trend upwards in the past several years, and the trend has continued in 2018.  The average price of homes that sold in 2018 was $736,000, up nearly 50% from a low of $500,000 in 2009.  In addition, the average price of homes actively listed on December 31, 2018 was $1,047,000, up from $884,000 in 2015.  This is a reflection of how limited the inventory is for homes priced below $1 million and the substantial number of homes priced over $1 million that remain on the market in the New Year.

 

On a personal note, Snyder Donegan was pleased to have represented the purchaser in the most expensive transaction year to date in Hanover, which was the sale of 20 Rope Ferry Road for $3,575,000.

 

Charts illustrating the above information can be found below, followed by a complete list of all 80 properties that sold in Hanover in 2018. 

 

Hanover NH Real Estate - Closed Single Family Homes

 

Hanover NH Real Estate - Average Negotiating Discount, Sold Homes

 

Hanover NH Real Estate - Average Price, Sold Homes

 

A list of all 80 properties that sold/closed in Hanover in 2018 is below.

89 Trescott Road, Hanover, NH

$220,000

46 Stevens Road, Hanover, NH

$225,000

66 Greensboro Road, Hanover, NH

$250,000

134 Lyme Road, Hanover, NH

$252,000

145 Lyme Road, Hanover, NH

$265,000

2 Etna Road, Hanover, NH

$350,000

3 Goodfellow Road, Hanover, NH

$374,000

36 Ferson Road, Hanover, NH

$377,300

138 Etna Road, Hanover, NH

$385,000

375 Dogford Road, Hanover, NH

$399,000

10 Curtiss Road, Hanover, NH

$435,000

34 Partridge Road, Hanover, NH

$458,500

1 Heather Lane, Hanover, NH

$460,000

3 Woodmore Road, Hanover, NH

$460,000

150 Ruddsboro Road, Hanover, NH

$464,000

96 King Road, Hanover, NH

$465,000

114 Blueberry Hill Drive, Hanover, NH

$475,000

196 Lyme Road, Hanover, NH

$485,000

115 Ruddsboro Road, Hanover, NH

$489,900

68 Greensboro Road, Hanover, NH

$490,000

6 Mourlyn Road, Hanover, NH

$499,000

2 MacDonald Drive, Hanover, NH

$504,000

636 Hanover Center Road, Hanover, NH

$515,000

142 Three Mile Road, Hanover, NH

$524,000

8 Low Road, Hanover, NH

$545,000

3 Mourlyn Road, Hanover, NH

$555,000

420 Dogford Road, Hanover, NH

$567,000

93 Three Mile Road, Hanover, NH

$572,500

30 Stonehurst Common, Hanover, NH

$575,000

1 Woods End Road, Hanover, NH

$586,000

156 Lyme Road, Hanover, NH

$589,000

7 Dresden Road, Hanover, NH

$600,000

25 Rip Road, Hanover, NH

$600,000

9 Haskins Road, Hanover, NH

$622,500

18 Mulherrin Farm Road, Hanover, NH

$644,000

9 Bacchus Circle, Hanover, NH

$645,000

180 Lyme Road, Hanover, NH

$650,000

36 Etna Road, Hanover, NH

$655,000

15 Haskins Road, Hanover, NH

$665,000

40 Wolfeboro Road, Hanover, NH

$675,000

3 3 Juniper Lane, Hanover, NH

$695,000

6 Partridge Road, Hanover, NH

$699,000

80 Three Mile Rd, Hanover, NH

$700,000

2 Emily Lane, Hanover, NH

$711,000

10 Ledyard Lane, Hanover, NH

$733,000

2 Goodfellow Road, Hanover, NH

$750,000

7 Barrymore Road, Hanover, NH

$750,000

95 Three Mile Road Road, Hanover, NH

$756,000

181 Three Mile Road, Hanover, NH

$757,000

8 Bacchus Circle, Hanover, NH

$759,000

8 Wolfeboro Road, Hanover, NH

$762,350

39 Carriage Lane, Hanover, NH

$764,500

390 Dogford Road, Hanover, NH

$765,000

7 Ripley Road, Hanover, NH

$770,000

10 Bacchus Circle, Hanover, NH

$780,000

38 Reservoir Road, Hanover, NH

$798,000

1 Elm Road, Hanover, NH

$799,000

35 Stevens Road, Hanover, NH

$800,000

190 Rudsboro Road, Hanover, NH

$800,000

12 Spencer Road, Hanover, NH

$802,000

5 Low Road, Hanover, NH

$806,000

1 Crestwood Lane, Hanover, NH

$829,500

383 Dogford Road, Hanover, NH

$845,000

19 Currier Place, Hanover, NH

$848,888

392 Dogford Road, Hanover, NH

$861,300

7 Quail Drive, Hanover, NH

$870,000

5 Lewin Road, Hanover, NH

$885,000

39 Stevens Road, Hanover, NH

$900,000

7 Ivy Pointe Way, Hanover, NH

$925,000

20 Valley Road Road, Hanover, NH

$950,000

385 Hanover Center Road, Hanover, NH

$995,000

131 South Main Street, Hanover, NH

$1,015,400

12 Purling Brooks Drive, Hanover, NH

$1,055,000

231 Dogford Road, Hanover, NH

$1,200,000

2 Weatherby Terrace, Hanover, NH

$1,200,000

34 Occom Ridge, Hanover, NH

$1,300,000

33 Moose Mountain Road, Hanover, NH

$1,370,000

75 Traumwald Lane, Hanover, NH

$1,625,000

11 Buell Street, Hanover, NH

$2,175,000

20 Rope Ferry Road, Hanover, NH

$3,575,000

 

 

 

 

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