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New Hampshire Sees More Listings and Higher Prices

New Hampshire Sees More Listings and Higher Prices

New Hampshire Monthly Indicators

New Listings increased 17.6 percent for single family homes and 6.6 percent for townhouse-condo properties. Pending Sales increased 20.7 percent for single family homes and 7.8 percent for townhouse-condo properties. Inventory increased 28.3 percent for single family homes and 19.3 percent for townhouse-condo properties.

The Median Sales Price was up 2.8 percent to $545,000 for single family homes and 4.6 percent to $425,000 for townhouse-condo properties. Days on Market increased 16.7 percent for single family homes but decreased 3.7 percent for townhouse-condo properties. Months Supply of Inventory increased 25.0 percent for single family homes and 15.0 percent for townhouse-condo properties.

Nationally, the median existing-home sales price rose 2.0% year-over-year to $435,300, a new monthly high and the 24th consecutive month of annual price gains, according to NAR. Slower sales activity has contributed to rising inventory this year, with 1.53 million properties listed for sale heading into July, a 15.9% increase from the same time last year and equivalent to a 4.7-month supply at the current sales pace.

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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