3 Hottest Towns in Southern New Hampshire for Q1 2014
Which towns in Southern New Hampshire showed the largest increases in home sales for Q1 2014?
We compiled data provided by The Warren Group that compared home sales from January 1, 2014 to March 31, 2014 in Cheshire, Rockingham, and Hillsborough Counties to home sales for Q1 2013 to determine which towns in Southern New Hampshire had the highest increases in the number of home sales for the quarter. Towns had to have a minimum of 25 home sales for the quarter to be considered for the list.
The results are in! All three of our hottest towns are located in Rockingham County, which has miles of seacoast, a thriving business community, and good schools.
Newmarket is at the top of our list with 38 home sales for the first quarter of 2014, an increase of 192% compared to Q1 2013 when there were 13 sales. The median price for a home in Newmarket is $221,900, an increase of 9% compared to Q1 2013. The property tax rate in Newmarket is $24.46* (property taxes in New Hampshire are higher than those in Massachusetts since there is no income tax).
Newmarket is a scenic mill town with public walkways along the Lamprey River and several recreational parks. Newmarket is located on Great Bay Estuary which consists of 7,300 acres of open water and wetlands. Newmarket is about an hour from Boston and less than 15 minutes to the ocean. The population of Newmarket is 8,938, an increase of 11% since 2000.
Windham comes in second on our list with 41 home sales in Q1 2014, an increase of 17% compared to Q1 2013 when there were 35 sales. The median home price for a home in Windham is $334,900, an increase of 7% compared to first quarter home sales in 2013. Windham is a small community with access to I-93 making it a convenient commute to Boston as well as the seacoast.
Windham is less than a half hour to Manchester Regional Airport. Windham has many outdoor recreational programs for residents including tennis lessons, fitness classes, crafts and more. Windham has its own town beach, located on Cobbett’s Pond. The tax rate in Windham is $23.60. The population of Windham is 13,958, an increase of 28% since 2000.
48 homes sold in Exeter in the first quarter of 2014, an increase of 7% compared to Q1 2013 when there were 45 sales. The median price for a home in Exeter is $210,000, a 5% increase over Q1 2013. The tax rate in Exeter is $26.03. Settled in 1638, Exeter was one of New Hampshire’s first townships. Exeter is known for its historic buildings and rich history. The American Independence Museum is located in Exeter and has early drafts of the U.S. Constitution in its collection.
Exeter is home to the prestigious Philips Exeter Academy, founded in 1781. Exeter has a stop on the Amtrak Downeaster train which goes between Boston and Maine. Exeter is just a ten minute drive to Hampton beach, and about 20 minutes from the outlet shops of Kittery, Maine. The population of Exeter is 14,429, an increase of 2% since 2000.
*2013 Tax Records