Is it still a Seller’s Market on the New Hampshire Seacoast?

By
Real Estate Agent with RE/MAX Shoreline New Hampshire & Maine

Why It’s Still a Sellers’ Market

As there’s more and more talk about the real estate market cooling off from the peak frenzy it saw during the pandemic, you may be questioning what that means for your plans to sell your house. If you’re thinking of making a move, you should know this market is still anything but typical.

Even though the supply of homes for sale has been growing this year, there’s still a shortage. And that means conditions continue to favor sellers today. That’s because the inventory level of homes for sale can help determine if buyers or sellers are in the driver’s seat. Realtors call it the “Absorption Rate.”

Click here to find out how to calculate your local absorption rate and why it's important to know.

Posted by

Jim Lee , REALTOR®, Certified Residential Specialist (CRS)

http://JimLee.com  RE/MAX Shoreline

100 Market St., Suite #200, , Portsmouth, NH 03801 Phone: (603) 431-1111 x3801

Visit New Hampshire Maine Real Estate.com to search homes, get Seacoast area information, and find out how great living on the New Hampshire and southern Maine Seacoast really is.

 

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Comments (3)

Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Good morning Jim. When a car is going a 100 miles per hour, that is fast. When the driver slows to 90, he is still going fast. Guess it is still a sellers market. Enjoy your day.

Aug 07, 2022 04:29 AM
Jim Lee, REALTOR Emeritus

That's what the numbers tell us Bill. Still a seller's market but a slower one and crazy prices are not being snapped up by savvy buyers anymore. 

Aug 07, 2022 06:31 AM
Bill Salvatore - East Valley
Arizona Elite Properties - Chandler, AZ
Realtor - 602-999-0952 / em: golfArizona@cox.net

Enjoyed your post this morning.  Have a wonderful and restful Sunday. Bill

Aug 07, 2022 06:19 AM
Jim Lee, REALTOR Emeritus

I just got back from a ride in my backyard hammock Bill. No place in the world more restful than that.  backyard Pawley's Island hammock

Aug 07, 2022 06:29 AM
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Jim Lee, REALTOR Emeritus it is also still a very strong Sellers Market here in CT as well, and I am not seeing signs of that cooling off yet.

Aug 07, 2022 07:13 PM