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Inventory Expands and Prices Increase in New Hampshire

Inventory Expands and Prices Increase in New Hampshire

Legacy Properties Sotheby’s International announces new Listings in New Hampshire increased 4.5 percent for single family homes and 19.3 percent for townhouse-condo properties. Pending Sales increased 18.2 percent for single family homes and 21.4 percent for townhouse-condo properties. Inventory increased 18.8 percent for single family homes and 21.7 percent for townhouse-condo properties.

The Median Sales Price was up 5.0 percent to $525,000 for single family homes and 2.7 percent to $423,000 for townhouse-condo properties. Days on Market increased 22.2 percent for single family homes but remained flat for townhouse-condo properties. Months Supply of Inventory increased 11.1 percent for single family homes and 11.1 percent for townhouse-condo properties. Overall, the data points to a more balanced and active market heading into the new year, with growing inventory creating opportunity for buyers while steady price growth and rising sales continue to support sellers.

 

Legacy Properties Sotheby’s International Realty can be reached at 207-780-8900 and [email protected]. Legacy Properties Sotheby’s International Realty, with offices in Portland, Kennebunk, Brunswick, Damariscotta, Camden, and Northeast Harbor, is Maine and New Hampshire’s leading luxury and lifestyle property company with six offices and more than 100 agents serving Maine and New Hampshire’s coastal, lake, and mountain communities.

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