Housing

HOUSING

In the SNHPC region there are a variety of housing types including single family, two family,
multi-family, condominiums and manufactured homes. These units may be owned or rented.
The table below depicts the tenure and vacancy status of housing units in the SNHPC region.

Housing Supply for the SNHPC Region, 2000
Municipality	Owner Occupied Units	Renter Occupied Units	Vacant or Seasonal Units	Total Housing Units
Auburn	1,460	120	42	1,622
Bedford	5,507	744	150	6,401
Candia	1,255	104	25	1,384
Chester	1,129	85	33	1,247
Deerfield	1,098	127	181	1,406
Derry	7,978	4,349	408	12,735
Goffstown	4,505	1,136	157	5,798
Hooksett	3,304	843	160	4,307
Londonderry	6,637	986	95	7,718
Manchester	20,367	23,880	1,645	45,892
New Boston	1,244	190	28	1,462
Raymond	2,724	769	217	3,710
Weare	2,278	340	210	2,828
SNHPC Region	59,486	33,673	3,351	96,510

Source: 2000 U.S. Census

There is no one indicator of housing condition, although in general, the older the housing,
the more likely it is to be in need of rehabilitation. According to the 2000 U.S. Census,
22 percent of all the housing units in the SNHPC region were more than 60 years old
(built before 1940), while another 22 percent were built within the last decade.

Since 2000 SNHPC has been tracking and analyzing all residential real estate transaction in
the region (see our page on Housing related work). From 2001 to 2003 there was little change
in the overall number of units sold, however, prices across the region rose nearly 32 percent.
The table below summarizes transactions in the region from 2001 to 2003.

Residential Real Estate Sales Average Prices and Number of Sales for the SNHPC Region, 2001-2003
Municipality	2001		2002		2003		% Increase 2001-2003
Municipality	Average Price	Number of Sales	Average Price	Number of Sales	Average Price	Number of Sales	Average Price	Number of Sales
Auburn	$228,439	82	$248,034	93	$281,960	89	23.43%	8.54%
Bedford	$284,330	480	$307,368	515	$360,402	526	26.75%	9.58%
Candia	$183,618	58	$207,685	51	$250,169	61	36.24%	5.17%
Chester	$231,391	159	$284,368	127	$300,337	109	29.80%	-31.45%
Deerfield	$181,816	87	$232,371	79	$214,328	64	17.88%	-26.44%
Derry	$157,057	731	$183,998	762	$199,074	724	26.75%	-0.96%
Goffstown	$151,780	321	$182,035	330	$199,898	376	31.70%	17.13%
Hooksett	$182,187	314	$192,059	312	$222,111	394	21.91%	25.48%
Londonderry	$187,116	614	$221,362	604	$239,585	529	28.04%	-13.84%
Manchester	$146,433	2,131	$182,508	1,944	$206,005	2,218	40.68%	4.08%
New Boston	$212,914	138	$248,977	99	$259,888	129	22.06%	-6.52%
Raymond	$130,827	240	$155,986	269	$170,405	264	30.25%	10.00%
Weare	$123,369	199	$166,153	144	$191,861	198	55.52%	-0.50%
SNHPC Region	$171,313	5,554	$203,727	5,329	$225,901	5,681	31.86%	2.29%

Source: 2001-2004 SNHPC Annual Real Estate Tracking Reports

Note: The above averages and counts were calculated from a database of all residential transactions
in the region including single, two, and multi-family residential, condominiums, and manufactured houses.
Figures above may vary from those reported in the SNHPC Real Estate Tracking Reports as the reports
are calculated using transactions from October through September, whereas the figures above are from
January to December of each year.

A PDF file of additional tables and charts related to housing growth in the SNHPC region is also
available to download.

In an effort to track purchase price trends in the State, the New Hampshire Housing Finance Authority (NHHFA) compiles residential purchase price data on an annual basis. This data, and much more, is made available on the NHHFA website.

From 2004 to 2006, the median purchase price of a home in the SNHPC region experienced a slight increase of 2.08 percent. The highest increase was seen in Candia, with 17.65 percent. However, the largest decrease was seen in Hooksett, where the median purchase price dropped by 5.64 percent. The table below summarizes data for all new and existing homes in the SNHPC Region from 2004 to 2006.