Hanover, N.H. (PRWEB) February 19, 2008
According to Hal Sheeler, REALTOR® with Century 21 Energy Shield Realty in Hanover, New Hampshire, the real estate market in the Dartmouth College/Upper Valley area of New Hampshire and Vermont remains strong.
Homes continue to sell in Upper Valley communities like Hanover and Lebanon in New Hampshire and Hartford in Vermont. Hal, whose popular websites http://www.HalSheeler.com and http://Homes-In-Hanover-NH.com attract visitors from all over the world, sees an Upper Valley market that has stabilized and is less frenetic but remains quite healthy. Prices remain quite stable and the fact that they are not rising at the rapid pace of previous years is a good thing.
In looking at data provided by the Northern New England Real Estate Network, Hal notes that in Hanover, New Hampshire, recently named by MONEY MAGAZINE as the second best place to live in the United States, there were 33 MLS residential sales between August '07 and 15 February '08.
Sale prices ranged from $224,000 to $1,800,000. A few sold for the asking price and many fairly close to asking price. Buyers are negotiating carefully but there has been no "bottoming out" as reported from some parts of the country. One sees similar statistics in Lebanon and surrounding areas.
The Upper Connecticut River Valley, with its strong economic base and its appeal to full-time home owners and vacation home owners, has been relatively insulated from the upheavals seen elsewhere. The presence of Dartmouth-Hitchcock Medical Center and Dartmouth College, major area employers, is a stabilizing influence. Unemployment is low. The economic powerhouse of Lebanon, New Hampshire continues to attract people to the area, as do fine Upper Valley schools and a plethora of recreational, cultural, and educational amenities seldom found in rural areas.
For more information on the Upper Valley region and the real estate market, visit http://www.HalSheeler.com.