Saturday, February 19, 2011

Bedford New Hampshire & The Real Estate Market

Bedford, New Hampshire was founded in 1750 and is a suburb of Manchester which is the largest city in the state. Bedford had an estimate population of 20,900 people in 2009 which was up roughly 12% from the year 2000 census. Bedford NH real estate has not suffered anywhere close to the national or even regional decline over the past five years. Bedford real estate is estimated to only have lost 5-10% of it's 2005 value.

It's great location, Bedford is closely located by major highways and shopping centers. It is only 40 minutes to the ocean, 60 minutes to the lakes, and approximately an hour and a half to the mountains. Bedford NH real estate is mainly made up of colonial, contemporary, and ranch architecture. Naturally, the colonial style is by far the most popular as Bedford New Hampshire is located in New England and classified as a village community.

Bedford, New Hampshire is a very republican town. Many of it's townspeople are predominant local business owners and politicians, as we as a few national celebrities. The towns surrounding Bedford include: Amherst, Goffstown, Manchester, Merrimack, & New Boston.

Geographically, Bedford cover about 33 square miles and is totally encompassed in the Merrimack River Watershed. The highest point in Bedford is Holbrook Hill, at 845 feet. There are a number of small bodies of water including Sebbins Pond and of course the Merrimack River.

The Bedford NH real estate market has been robust and is expected to be one of the first towns to see a recovery of home values. Most home owners have been able to sell their homes in a little over two months of having them on the market which is well below the state's average of 120 days. The median sales prices is about $360,000 in Bedford over the last year.

Learn more about Bedford New Hampshire Real Estate . Or shop for all NH Real Estate and get advice on home buying at their main site.

1 comment:

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