Vital Stats for New Hampshire Homeowners

Quick Tips to Boost Your Home’s Curb Appeal
May 1, 2019

New Hampshire’s Real Estate Market Needs Your Inventory!

As we know by now, there’s been a decline in housing inventory in the New Hampshire real estate market. According to data presented in NHAR’s most recently published market report, last month’s inventory was down 16.6% year over year, while new listings were also down by 11.6%. With a 12.2% decrease in the days on market for homes sold last month versus April of 2018, it’s clear our state’s lack of inventory is creating a heavy demand from serious buyers. We’ve seen the amount homeowners receive from their sale remain steady at a healthy 98.4% of their list price year over year, yet the median sale price of their homes has increased by 2.1%. Homebuyers in New Hampshire spent more on their purchases last month than they did in April of 2018, while the homes on the market sold at a faster rate than they did the year before.

What does this all mean? It means that YES! There are buyers for your home! You can sell it!

If you’re a homeowner in New Hampshire and you’re considering selling your home, there’s never a better time to do so than a Spring market when inventory is heavily needed.

If you have questions or are in need of a licensed real estate agent, contact us! Whether or not you choose to work with us on your real estate adventure, we truly want to make sure your experience a licensed real estate agent is a good one, so if you’re still on the fence, read our tips for choosing the right Realtor® for you.

Leave a Reply

Your email address will not be published. Required fields are marked *