Annual Market Report
New Hampshire 2022
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Annual Market Report NH 2022 | 1
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New Hampshire State Overview
New Hampshire Overview
The NH housing market began to normalize after nearly two red-hot years.
Limited inventory remained a major driving factor, and the total number of units sold was down by 17% across the state. However, the average sales price increased by 16%, and the average days on market decreased by 21%.
The hottest markets in New Hampshire continued to be in and around Manchester and throughout southern portions of the state. These higher population centers saw no reprieve from inventory scarcity and, as a result, continued to drive up prices. Additionally, the influx of out-of-state buyers in the Lakes Region and Lake Sunapee Region remained steady and there was continued and strong demand in the Upper Valley.
Moving into 2023, the majority of headlines on a national level are predicting a downturn in the housing market. However, we have not seen that swift downturn of activity in our area. Yes, the market has begun to normalize, but we anticipate that buyer demand will still be strong, inventory will continue to be tight, and pricing will stabilize. Pricing appropriately for Sellers will become of the utmost importance in order to sell in a timely manner.
Now more than ever, you need an experienced real estate professional to guide you through this ever-changing market.
Annual Market Report NH 2022 | 4
Source: Trendgraphix Data -
vs. Previous Year To Date
All Property Types - All Price Points - ALL NNEREN NH COUNTIES COMBINED NEW HAMPSHIRE 2022 2021 % CHANGE TOTAL SALES IN UNITS: 47,088 57,002 - 17.4% TOTAL SALES DOLLARS: $20,883,787 $21,844,135 - 4.4% AVERAGE SALE PRICE: $443,505 $383,217 + 15.7% AVERAGE DAYS ON MARKET: 30 38 - 21.1% SOLD PRICE VS. LIST PRICE: 101.4% 101.5% - 0.1% Statewide Overview All Properties | All Price Points
(1/1/2022 - 12/31/2022)
(1/1/2021 - 12/31/2021) -
New Hampshire by County
All Properties | All Price Points
BELKNAP 2022 2021 % CHANGE
TOTAL SALES IN UNITS: 3,196 3,742 - 14.6%
AVERAGE SALE PRICE: $494,230 $408,686 + 20.9%
AVERAGE DAYS ON MARKET: 38 44 - 13.6%
SOLD PRICE VS. LIST PRICE: 100.04% 100.67% - 0.6%
CARROLL 2022 2021 % CHANGE
TOTAL SALES IN UNITS: 3,238 4,404 - 26.5%
AVERAGE SALE PRICE: $444,424 $370,401 + 20.0%
AVERAGE DAYS ON MARKET: 46 60 - 23.3%
SOLD PRICE VS. LIST PRICE: 99.15% 99.4% - 0.3%
CHESHIRE 2022 2021 % CHANGE
TOTAL SALES IN UNITS: 2,456 2,964 - 17.1%
AVERAGE SALE PRICE: $315,530 $280,078 + 12.7%
AVERAGE DAYS ON MARKET: 37 43 - 14.0%
SOLD PRICE VS. LIST PRICE: 100.65% 99.9% + 0.8%
COOS 2022 2021 % CHANGE
TOTAL SALES IN UNITS: 1,540 2,032 - 24.2%
AVERAGE SALE PRICE: $205,216 $178,663 + 14.9%
AVERAGE DAYS ON MARKET: 60 92 - 34.8%
SOLD PRICE VS. LIST PRICE: 97.92% 97.13% + 0.8%
GRAFTON 2022 2021 % CHANGE
TOTAL SALES IN UNITS: 4,064 5,324 - 23.7%
AVERAGE SALE PRICE: $358,799 $300,751 + 19.3%
AVERAGE DAYS ON MARKET: 40 64 - 37.5%
SOLD PRICE VS. LIST PRICE: 99.74% 99.9% - 0.2%
HILLSBOROUGH 2022 2021 % CHANGE
TOTAL SALES IN UNITS: 11,658 14,120 - 17.4%
AVERAGE SALE PRICE: $447,870 $401,996 + 11.4%
AVERAGE DAYS ON MARKET: 20 25 - 20.0%
SOLD PRICE VS. LIST PRICE: 102.78% 102.91% - 0.1%
MERRIMACK 2022 2021 % CHANGE
TOTAL SALES IN UNITS: 4,926 5,638 - 12.6%
AVERAGE SALE PRICE: $406,870 $344,007 + 18.3%
AVERAGE DAYS ON MARKET: 28 31 - 9.7%
SOLD PRICE VS. LIST PRICE: 101.8% 101.9% - 0.1%
ROCKINGHAM 2022 2021 % CHANGE
TOTAL SALES IN UNITS: 10,288 12,040 - 14.6%
AVERAGE SALE PRICE: $580,953 $504,457 + 15.2%
AVERAGE DAYS ON MARKET: 26 26 0.0%
SOLD PRICE VS. LIST PRICE: 101.7% 102.0% - 0.4%
STRAFFORD 2022 2021 % CHANGE
TOTAL SALES IN UNITS: 3,928 4,804 - 18.2%
AVERAGE SALE PRICE: $395,285 $347,317 + 13.8%
AVERAGE DAYS ON MARKET: 25 30 - 16.7%
SOLD PRICE VS. LIST PRICE: 101.6% 101.4% +0.2%
SULLIVAN 2022 2021 % CHANGE
TOTAL SALES IN UNITS: 1,794 1,934 - 7.2%
AVERAGE SALE PRICE: $312,700 $274,700 + 13.8%
AVERAGE DAYS ON MARKET: 41 61 - 32.8%
SOLD PRICE VS. LIST PRICE: 100.5% 99.6% + 0.9%
Source: Trendgraphix Data - (1/1/2022 - 12/31/2022) vs. Previous Year To Date (1/1/2021 - 12/31/2021) - All Property Types - All Price Points - ALL NNEREN NH COUNTIES
Annual Market Report NH 2022 | 7
Key Market Highlights
REGION 2022 2021 % CHANGE TOTAL SALES IN UNITS: 2,952 3,556 - 17.0% AVERAGE SALE PRICE: $598,015 $477,888 + 25.1% AVERAGE DAYS ON MARKET: 42 48 - 12.5% SOLD PRICE VS. LIST PRICE: 99.47% 99.64% - 0.2% Lakes Region All Properties | All Price Points Source: Trendgraphix Data - Full Year 22 vs. Full Year 21 - All Property Types - All Price Points - Select Towns - Alton, Center Harbor, Gilford, Gilmanton, Laconia, Meredith, Moultonborough, Wolfeboro Annual Market Report NH 2022 | Lakes Region | 9
REGION 2022 2021 % CHANGE TOTAL SALES IN UNITS: 1,178 1,418 - 16.9% AVERAGE SALE PRICE: $547,614 $449,315 + 21.9% AVERAGE DAYS ON MARKET: 43 56 - 23.2% SOLD PRICE VS. LIST PRICE: 100.6% 99.9% + 0.7% Lake Sunapee Region All Properties | All Price Points Source: Trendgraphix Data - Full Year 22 vs. Full Year 21 - All Property Types - All Price Points - Select TownsAndover, Bradford, New London, Newbury, Sutton, Warner, Wilmot, Goshen, Grantham, Springfield, Sunapee. Annual Market Report NH 2022 | Lake Sunapee Region | 10
REGION 2022 2021 % CHANGE TOTAL SALES IN UNITS: 4,578 5,514 - 17.0% AVERAGE SALE PRICE: $344,720 $309,701 + 11.3% AVERAGE DAYS ON MARKET: 34 42 - 19.0% SOLD PRICE VS. LIST PRICE: 101.2% 100.7% + 0.6% Monadnock Region All Properties | All Price Points Source: Trendgraphix Data - Full Year 22 vs. Full Year 21 - All Property Types - All Price Points - Select Towns - Cheshire County plus select towns in Hillsborough County - Antrim, Bennington, Brookline, Deering, Francestown, Greenfield, Greenville, Hancock, Hillsboro, Lyndeborough, Mason, Milford, New Ipswich, Peterborough, Sharon, Temple, Wilton, Windsor. Annual Market Report NH 2022 | Monadnock Region | 11
REGION 2022 2021 % CHANGE TOTAL SALES IN UNITS: 11,826 14,042 - 15.8% AVERAGE SALE PRICE: $456,016 $406,721 + 12.1% AVERAGE DAYS ON MARKET: 18 22 - 18.2% SOLD PRICE VS. LIST PRICE: 102.9% 103.1% - 0.2% Southern New Hampshire All Properties | All Price Points Source: Trendgraphix Data - Full Year 22 vs. Full Year 21 - All Property Types - All Price Points - Select Towns - Amherst, Bedford, Goffstown, Hollis, Manchester, Merrimack, Nashua, New Boston, Weare, Bow, Concord, Dunbarton, Hooksett, Hopkinton, Auburn, Candia, Chester and Londonderry. Annual Market Report NH 2022 | Southern New Hampshire | 12
REGION 2022 2021 % CHANGE TOTAL SALES IN UNITS: 3,042 3,596 - 15.4% AVERAGE SALE PRICE: $392,612 $340,034 + 15.5% AVERAGE DAYS ON MARKET: 40 60 - 33.3% SOLD PRICE VS. LIST PRICE: 100.1% 99.9% + 0.2% Upper Valley of New Hampshire All Properties | All Price Points Source: Trendgraphix Data - Full Year 22 vs. Full Year 21 - All Property Types - All Price Points - Select TownsCanaan, Dorchester, Enfield, Grafton, Hanover, Haverhill (NH), Lebanon (NH), Lyme, Orange, Orford, Piermont, New London, Charlestown, Claremont, Cornish, Croydon, Grantham, Newport, Plainfield, Springfield, Sunapee, Unity. Annual Market Report NH 2022 | Upper Valley | 13
Vermont New York
Hudson Valley Kingston: 845.331.3100 Rhinebeck: 845.876.5100 Tivoli: 845.757.5000
Catskill: 518.943.7533
Hudson: 518.822.0800
Upstate New York
Saratoga Springs: 518.580.8500
Bolton Landing: 518.644.9500
Lake Placid: 518.523.2550
Central New York Syracuse: 315.685.8100
Thousand Islands Region: 315.685.8100
Finger Lakes Region: 315.685.8100
Western New York
Buffalo: 716.320.1414 Rochester: 585.394.7111
New Hampshire
Lake Sunapee Region New London: 603.526.4050
Lakes Region of New Hampshire Meredith: 603.677.7012
Southern New Hampshire Bedford: 603.413.7600 Peterborough: 603.924.3321
Upper Valley Hanover: 603.643.6070
Champlain Valley South Burlington: 802.864.0541
Central Vermont Rutland: 802.774.7007 Killington: 802.746.4203 Stowe: 802.253.7267
Northeast Kingdom St. Johnsbury: 802.751.7582
Southern Vermont
Mount Snow: 802.464.1200 Stratton: 802.297.1100 Manchester: 802.362.4551 Okemo: 802.228.4537
Upper Valley Fairlee: 802.333.4701
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