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New Hampshire Real Estate Sales and Prices Up In August

New Hampshire Real Estate Sales and Prices Up In August

New Hampshire Monthly Indicators Overview

New Listings increased 11.1 percent for single family homes and 2.8 percent for townhouse-condo properties. Pending Sales increased 20.9 percent for single family homes and 24.1 percent for townhouse-condo properties. Inventory increased 22.8 percent for single family homes and 9.5 percent for townhouse-condo properties.

The Median Sales Price was up 2.8 percent to $550,000 for single family homes and 1.7 percent to $415,000 for townhouse-condo properties. Days on Market increased 8.7 percent for single family homes but remained flat for townhouse-condo properties. Months Supply of Inventory increased 19.0 percent for single family homes and 4.8 percent for townhouse-condo properties.

Nationally, 1.55 million units were listed for sale heading into August, up 0.6% from the previous month and 15.7% higher than the same time last year, representing a 4.6-month supply at the current sales pace, according to NAR. Inventory is now at its highest level since May 2020, a shift that has helped slow price growth in many markets. As a result, the national median existing-home sales price edged up just 0.2% year-over-year to $422,400.

For NHAR’s full slate of market data, including the Monthly Indicators report and detailed county- and town-level reports, visit FastStats landing page.

 

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’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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