SO HOW’S THE MARKET? (PART 4) New Ipswich has a population of about 5,100 people and like many area towns is comprised of several different villages, among them Bank Village and Smithville. It’s proximity to Massachusetts has been a factor in its growth with easy access to Townsend, Fitchburg, Leominster and beyond. During the past year there were 63 sales of single family homes in New Ipswich as reported in the Northern New England Real Estate Network, our statewide Multiple Listing Service. By comparison there were 75 sales in Rindge, 53 in Jaffrey and 85 in Peterborough. The prices in New Ipswich ranged from $22,500 to $589,900. Of those there were 16 sales between $150,000 and $200,000 and 18 between $200,000 and $250,000. Currently there are 55 homes for sale in New Ipswich ranging from $55,000 to $2,500,000. There are 4 pending sales from $179,900 to $259,900 and there are 6 which are active with contingencies from $129,900 to $249,500. While providing housing for their workforce New Ipswich also retains the charm and character of small town New England that is so desirable to many buyers. By the way, if any of you are looking for your first home, there are 4 homes for sale under $100,000! With low interest, zero and low down payments and in many cases, seller participation, there’s never been a better time to buy.
Posted on: Thu, 02 Oct 2014 20:26:51 +0000
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