Massachusetts and New Hampshire – Here’s Some GREAT News if You’re Looking to Sell Your Home
The housing market has slowed down a bit. Some experts expect home prices to start dropping soon. BUT! There is good news for residents looking to sell their home in Massachusetts and New Hampshire especially: houses are selling the fastest there.
This finding according to Agent Advice who crunched data to rank all 50 states in the United States on how long houses average being on the market before being sold.
While Massachusetts and New Hampshire sell the fastest (I’ll tell you just how fast in a sec), New York didn’t fare so well finishing dead last. Houses in New York currently take the longest to sell – the average home stays on the market there for 61.5 days before selling.
Let’s go through every state in New England:
Rhode Island tied for 5th fastest selling houses in the country. The average home in Rhode Island sells in 35.5 days. Rhode Island tied Arizona for that fifth best finish.
In Maine the average house sells in 46.5 days. In Vermont it’s 54 days. Connecticut homes average staying on the market for 39.5 days.
Now on to the top of the list, and the good news for homeowners thinking of selling in Massachusetts and New Hampshire. Houses are selling fastest in these two states, tied for #1 in the US. The average house stays on the market for just 32 days before a sold sign is plunked into the yard in front of it.
Montana came in second slowest to sell, right behind New York, and followed by West Virginia, Mississippi, and Louisiana in 3rd, 4th, and 5th respectively.
So… if you’re thinking of selling your home in Massachusetts, I guess the question is “where ya gonna go?” We have educated guesses there as well. Real estate company Hypewired provided the following data on the Top 3 states residents of Massachusetts want to relocate to. So I guess if you move to one of these sports you’ll probably have friends to watch Boston sports with. lol
Top 3 States Residents of Massachusetts Want To Relocate To
New Hampshire
Live free or die? Live cheaper and live more like it! The average house price in NH $431,461, which is 27.0% lower than in Massachusetts, where the average is $590,793.
Maine
You can get there from here! The average house price in Maine is $389,848, which is $200,945 less expensive than in Massachusetts.
Rhode Island
Nutty for Newport or Narraganset? You should be! The average house price is going for $436,612 in this area, which is a 26.1% decrease compared to Massachusetts’ average house price.
