New Hampshire Summer Housing Market is Heating Up

By
Real Estate Agent with BHG The Masiello Group

 

 THE NEW HAMPSHIRE HOUSING MARKET IS HEATING UP

 New Hampshire Summer Housing Market

            The first days of summer have arrived and the New Hampshire Housing Market is heating up.  Inventory is still low in many areas throughout the state.  In some markets it is common to see multiple offers within hours or a day after a home is listed with offer prices at or even above the asking price.  It is anticipated that this trend will continue throughout the second quarter.

 

            New Listings were down 18.6 percent for single family homes and 3.5 percent for condominiums.  However, Pending Sales increased 11.7 percent for single family homes and 9.1 percent for Condominiums.

 

            The Median Sales Price for single family homes was $246,250 which was up 1.5 percent.  The Median Sales Price for condominium was $179,000, which was up 2.6 percent.  Months supply of Inventory decreased 26.2 percent for single family units and 26.3 percent for condominium units.

 

            It is difficult to predict the future.  However, at this time interest rates have remained low and wages have increased which has resulted in an active real estate market.  For Sellers, it may be a good time to consider selling given the need for additional inventory.  For Buyers in market where there are multiple offers, it is important to be prepared.

 

          Condo Sales for May 2016       

Single Family Sales May 2016

 

 

 

 

 

Discover the New Hampshire Advantage

 

New Hampshire

Most Livable State

 

   

If you would like to know if it is a good time to buy or sell a home, please contact me and I will be happy to assist ~ 603-566-1715 cell   603-889-7600 x 9454 or email RealEstateAgentNH@gmail.com

_________________________________________

 Disclaimer: Information herein may come from various sources, some of which may not be reliable and may change without any notice. Joan Whitebook does not guarantee or is any way responsible for the accuracy of the information in this blog and information provided is without warranties of any kind, either express or implied. Information on this blog represents the opinions and ideas of the author; comments by others may not express the views of the author.  Copyright © 2016 "New Hampshire Summer Housing Market is Heating Up"  By Joan Whitebook, all rights reserved.  Joan Whitebook, BHG, the Masiello group. 603.889.7600  x9454 or 603.566.1715.

Posted by

     

Linked In

                face bookTwitter

 

 

Comments (38)

Laura Cerrano
Feng Shui Manhattan Long Island - Locust Valley, NY
Certified Feng Shui Expert, Speaker & Researcher

This should be red-hot within six months if it's heating up this much! Let's hope so on your end of things! Good luck and blessings!

Oct 20, 2016 02:32 PM
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Well it has been a while hope you are OK, miss your posts as well as interaction, Endre

Nov 03, 2016 03:01 PM
Laura Cerrano
Feng Shui Manhattan Long Island - Locust Valley, NY
Certified Feng Shui Expert, Speaker & Researcher

I think I keep commenting on the same post here. but I wish you well regardless and lots of success! :)

Nov 07, 2016 03:44 PM
Laura Cerrano
Feng Shui Manhattan Long Island - Locust Valley, NY
Certified Feng Shui Expert, Speaker & Researcher

Looking forward to some new posts from you if I say so myself. Love and light.

Nov 12, 2016 03:50 PM
Patricia Feager, MBA, CRS, GRI,MRP
DFW FINE PROPERTIES - Flower Mound, TX
Selling Homes Changing Lives

Joan Whitebook - I love hearing from you and I love the State of New Hampshire. It's my favorite in New England. The people I once knew who lived there never ever wanted to move and were always content. When I lived and worked in Maine, I enjoyed nearly every weekend in NH.

I hope you are happy and doing well. 

Nov 14, 2016 12:41 PM
Laura Cerrano
Feng Shui Manhattan Long Island - Locust Valley, NY
Certified Feng Shui Expert, Speaker & Researcher

New Hampshire might be a nice change of pace for me next year. I'll have to look into it.

Dec 18, 2016 11:44 PM
Laura Cerrano
Feng Shui Manhattan Long Island - Locust Valley, NY
Certified Feng Shui Expert, Speaker & Researcher

I've heard that people in Maine love to vacation in New Hampshire. You guys have been convincing me more and more! Patricia Feager

Dec 18, 2016 11:46 PM
Yolanda Cordova-Gilbert
Richmond, TX

I hope one of your new year's resloutions is to blog more! Have a good one!

Feb 07, 2017 12:29 PM
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Joan just stopped in and wanted to thank you for your support, Endre

Feb 07, 2017 10:37 PM
CA COASTAL ESTATES Lauren Selinsky Perez CRS
California Coastal Estates - Aliso Viejo, CA
"Your Real Estate Broker" #oclauren

Glad to hear it is heating up for you. I have been busy with buyers all week. Not many listings, but we will see.

Lauren Selinsky

Mar 02, 2017 11:55 PM
Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
The right Charlotte REALTOR!

Hope you're doing well, Joan Whitebook!  Enjoy your weekend!

Mar 03, 2017 06:59 PM
Maggie Dokic | Miami, FL | 888.883.8509 X101
eXp Realty LLC - Miami, FL
GREEN, CDPE, SFR, Pinecrest | Palmetto Bay |

Joan I miss frolicking in the Rain with friends such as you. I do hope you're well!

 

Mar 07, 2017 05:54 AM
Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
The right Charlotte REALTOR!

I love seeing your comments and miss your posts, Joan Whitebook!  I hope all is well with you and that you have a fantastic weekend!

Mar 10, 2017 08:53 PM
Lou Ludwig
Ludwig & Associates - Boca Raton, FL
Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC

Joan

Your right now is the time to get New Hampshire housing lined up.

Good luck and success.

Lou Ludwig

Apr 03, 2017 05:57 PM
Lou Ludwig
Ludwig & Associates - Boca Raton, FL
Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC

Joan

It's going to be an active real estate market this summer in New Hampshire.

Good luck and success.

Lou Ludwig

Apr 09, 2017 08:13 PM
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Joan, hope all is well it has been a while, look forward to your next post and comment, Endre

Aug 14, 2017 11:25 PM
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Good Morning Joan - I hope that this summer has been very product and I am sure your are busy.  Looking forward to your next post.

Aug 27, 2017 06:04 AM
Patricia Feager, MBA, CRS, GRI,MRP
DFW FINE PROPERTIES - Flower Mound, TX
Selling Homes Changing Lives

Joan Whitebook - I hope you had a great summer and that you experience a great ending to 2017 and great expectations for the next year. 

Nov 04, 2017 07:26 PM
Silvia Dukes PA, Broker Associate, CRS, CIPS, SRES
Tropic Shores Realty - Ich spreche Deutsch! - Spring Hill, FL
Florida Waterfront and Country Club Living

Hi Joan, hope you had a great year thus far!  

Nov 05, 2017 04:02 PM
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Joan it has been at least four years hope all is well please drop me a note or privately hope all is well, Endre

Apr 04, 2020 10:34 PM