Real Estate and Construction News From Around NH

Property product sales and other stats from the NH Realtors Association

If interest fees have cooled off the authentic estate market, that is not what is mirrored in June figures from the NH Realtors Association.

There had been just about 7 percent much less residences offered than past yr.  When they did go on the current market, they ended up absent in an average of 13 times, 4 times (or 23.5 percent) much less than a yr back.   The median selling price in June was $460,000, the very same as May possibly but 13 percent much more than the preceding June.  That is 4.6 % above the inquiring selling price, only marginally down from 5.2 % in May well.

Dwelling gross sales did fall virtually 10 per cent as opposed to very last yr, but that demonstrates the absence of inventory.  Revenue have been down all calendar year.  In March, they had been down 22 per cent.

Condos are scarce as effectively.  There were 442 condos for sale in the complete condition in June, down by 7.1 %.  But they did acquire a very little more time to provide — 22 days in contrast to 19 days past year —  and the median price tag — $335,000 — was just about 21 p.c greater than last 12 months and 3.8 p.c more than the asking rate.  The number of condos sold fell by 14.1 %.

When it comes to selling price appreciation, the largest price soar was in Merrimack County when properties went up 20.4 p.c a 12 months.   But the Seacoast — Rockingham and Strafford counties — had the quickest average turnaround time from listing to sales: 11 days.

The highest-cost residence however continues to be in Rockingham, at $605,000.   Which is nearly $96,000 equity attain in a yr, or an 18.7 p.c hike.

Households in Coos County had been on the lower conclude once again: $230,000, an 11 p.c boost.