Monthly Data: A Record September

 

This is CRAZY! September continued the record-setting trend for New Hampshire home sales, as both unit sales and median price hit all-time highs for the month. And inventory is now the lowest on record for NHAR.
Of note in the NHAR’s September “Monthly Indicators” report:
  • The 1,901 residential sales was a 16 percent increase compared to September 2019.
  • The $350,500 median price of those sales was 15 percent higher than September 2019 and not only represents a September record but is the highest median price for any month in New Hampshire history.
  • The sales volume increased by over 40 percent to $805 million.
  • Pending sales increased by 39 percent.
  • Months’ supply decreased by 63 percent to 1.4 months, the lowest of any month in at least 15 years. Wow. 15 YEARS folks.
  • Homes for sales decreased by 60 percent to 2,254.

 

Thinking about Buying or Selling? Reach out to us at hello@inspiregroupnh.com. We’d love to provide you with market updates & trends to help you make the best Real Estate decisions possible. 

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