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Hanover New Hampshire Real Estate Market Report - 1H 2019

 

The Hanover, New Hampshire real estate market had a very strong first half of 2019 - its best year since 2012 in terms of the number of transactions – with forty-six (46) sales of single-family homes.  As of April 1, there were an additional eight (8) properties active under contract or pending and set to close in the third quarter.

 

While tempered, inventory in the Hanover market appears to be rising from prior years.  Specifically, there were forty-six (46) homes actively listed for sale at the end of the first half of this year, compared to thirty-eight (38) on the same date in 2018.  Despite the slight increase, buyers paid either at or above a seller’s asking price for seventeen (17) of the forty-six (46) homes that sold during the first half of this year.

 

The average amount of time that homes were on the market before selling decreased to just 63 days, down from 81 days during 1H 2018, and from a high of 147 days during 1H 2011.  The average negotiating discount – the % difference between a home’s list price and sale price – was just 2.69%.

 

In regard to luxury properties, there were seven (7) sales of homes listed for $1 million or more – the second-best year for any first half on record.  Snyder Donegan was pleased to represent the seller in one of those two sales – that of 3 Fox Field Lane, which closed for $1,100,000.

 

Charts illustrating the above information can be found below, followed by a complete list of all forty-six (46) properties that closed during 1H 2019.  

 

 

A list of all 46 properties that sold/closed in Hanover in 1H 2019 is below.

91 Goss Road, Hanover, NH

$45,000

101 Greensboro Road, Hanover, NH

$319,500

9 Paine Road, Hanover, NH

$325,000

7 Greensboro Road, Hanover, NH

$345,000

5 Hilltop Drive, Hanover, NH

$375,000

20 Greensboro Road, Hanover, NH

$420,000

421 Hanover Center Road, Hanover, NH

$446,500

92 Greensboro Road, Hanover, NH

$456,800

3 Dunster Terrace, Hanover, NH

$475,000

494 Hanover Center Road, Hanover, NH

$494,000

16 Laramie Road, Hanover, NH

$510,000

103 South Main Street, Hanover, NH

$525,000

8 Mink Drive, Hanover, NH

$544,000

5 Barrymore Road, Hanover, NH

$550,000

8 Dairy Lane, Hanover, NH

$550,000

7 Gates Road, Hanover, NH

$560,000

7 Gates Road, Hanover, NH

$560,000

36 Rip Road, Hanover, NH

$565,000

15 Carriage Lane, Hanover, NH

$576,000

110 Blueberry Hill Drive, Hanover, NH

$580,000

50 Rip Road, Hanover, NH

$605,000

21 Montview Drive, Hanover, NH

$630,000

19 Low Road, Hanover, NH

$648,000

5 Hayfield Road, Hanover, NH

$708,000

368 Dogford, Hanover, NH

$725,000

16 Three Mile Road, Hanover, NH

$730,000

100 Three Mile Road, Hanover, NH

$730,000

19 Montview Drive, Hanover, NH

$749,000

8 Brockway Road, Hanover, NH

$755,000

15 Currier Place, Hanover, NH

$779,875

3 Carter Street, Hanover, NH

$790,000

12 Hayfield Road, Hanover, NH

$797,005

40 School Street, Hanover, NH

$855,000

4 Purling Brooks Drive, Hanover, NH

$860,000

5 Emily Lane, Hanover, NH

$879,000

14 Sargent Street, Hanover, NH

$880,000

6 Heather Lane, Hanover, NH

$900,000

122 Trescott Road, Hanover, NH

$920,000

8 Clement Road, Hanover, NH

$945,000

3 Fox Field Lane, Hanover, NH

$1,100,000

6 Purling Brooks Drive, Hanover, NH

$1,224,770

15 Buell Street, Hanover, NH

$1,430,000

21 Rope Ferry Road, Hanover, NH

$1,499,000

18 Occom Ridge, Hanover, NH

$1,525,000

6 Clement Road, Hanover, NH

$1,700,000

10 Occom Ridge, Hanover, NH

$2,235,000

 

 

 

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