NEW HAMPSHIRE
Home Sales Down, Average Price Up
Home sales are down 4.0% year over year, with May 2025 at 1,477 compared to 1,538 last May. Sales are down for single-family homes and condos, but up for multi-family homes.
- Single families: 1,048 (2024) | 983 (2025)
- Condominiums: 412 (2024) | 391 (2025)
- Multi-families: 78 (2024) | 103 (2025)
Average sale price increased by 2.7% when compared to last May, now at $592,419. Prices increased across all categories.
- Single families: $614,930 (2024) | $633,176 (2025)
- Condominiums: $488,608 (2024) | $495,275 (2025)
- Multi-families: $534,859 (2024) | $572,218 (2025)
Homes Listed For Sale:
The number of homes listed is up by 5.7% when compared to May 2024.
- 2025: 2,636
- 2024: 2,495
- 2023: 2,199
Pending Home Sales:
The number of homes placed under contract is up by 10.4% when compared to May 2024.
- 2025: 1,981
- 2024: 1,795
- 2023: 1,849
Data provided by PrimeMLS then compared to the prior year.
What’s Happening in the Market?
- In May 2025, national home sales decreased by 0.7% compared to a year ago. Following this trend, New Hampshire saw a slight decrease in homes sold.
- According to Mortgage News Daily, May mortgage rates ended around 6.9%. So far in June, rates have been remaining steady between 6.8% – 6.9%
- According to ZeroHedge, U.S. housing inventory reached 4.6 months in May, meaning if no additional homes were listed, it would take 4.6 months for what’s on the market to sell. This is the highest level in over 7 years. New Hampshire seems to be following the trend, with rising inventory signaling a shift toward a more balanced market.
- The days of over-asking offers and rapid price jumps are slowing down, which is good news for buyers! According to CNN Business, there is a possibility of a decrease in prices, meaning you might have more negotiating power than before.