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Business and Economy
Thu October 24, 2013
N.H. Housing Market Posts Another Strong Month In September
The New Hampshire housing market had yet another strong month in September. Sales of single-family homes were up by 15 percent over the same month last year, and sales for all properties rose by more than 16 percent.
“Well we’re on almost a two year trend of positive numbers every month,” says Jim Therrien, who in 2014 will become president-elect of the New Hampshire Association of Realtors.
Compared to last September, days on market and total supply were down (-14.2% and -12.2%) new listings and sale prices were up (16.8% and 12.%).
“We’re really back at somewhere around 2007 levels,” comments Therrien, though he notes that the picture is a little more uneven on the county level. “These are statewide numbers, there are some pockets in the state where it’s not quite as robust.”
Coos County saw no growth in sales, and Cheshire, Sullivan, and Belknap counties saw prices dip. Those soft-spots were more than balanced out by strong numbers from Strafford, Rockingham and Hillsborough counties.