Market Report
Monadnock Region Full Year 2023
Market Overview At A Glance MONADNOCK REGION
The Monadnock Region housing market began to normalize in the First Half of 2023 and continued to do so into the year’s end - a contrast of trend after the previous and unprecedented two red-hot years. Limited inventory remained a major driving factor, and the total number of units sold was down by 22% across key select towns in the Region. The average sales price increased by 12%, and the average days on market increased 5% year over year. There is a breakdown for key Towns in this report for more details at a local market level. Moving into 2024, we anticipate that the normalizing of 2023 will continue. Buyer demand will continue to be strong, driven by limited inventory, and pricing will continue to hold steady. Mortgage rates will also prove to be a very important aspect, affecting both affordability and inventory. For those looking to sell, pricing appropriately with consideration to all of these factors will be imperative 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.
Monadnock Region Overview All Properties | All Price Points Monadnock Region
2023
2022
+/-- % +/
TOTAL SALES IN UNITS:
1,335
1,705
- 21.7%
TOTAL SALES DOLLARS:
$542,274,000
$617,463,000
- 12.2%
AVERAGE SALE PRICE:
$406,169
$362,254
+ 12.1%
AVERAGE DAYS ON MARKET:
33.2
31.6
+ 12.2%
SOLD PRICE VS. LIST PRICE:
98.17%
100.86%
- 2.7%
Source: Prime MLS Data - (1/1/2023 - 12/31/2023) vs. Previous Year To Date (1/1/2022 - 12/31/2022) All Property Types - All Price Points - Antrim, Bennington, Dublin, Fitzwilliam, Francestown, Greenville, Hancock, Harrisville, Jaffrey, Lyndeborough, Nelson, Peterborough, Rindge, Stoddard, Swanzey, Temple, Walpole.
Monadnock Region by Town All Properties | All Price Points ANTRIM
2023
2022
+/- %
TOTAL SALES IN UNITS:
45
69
- 34.8%
AVERAGE SALE PRICE:
$358,500
$283,300
+ 26.5%
AVERAGE DAYS ON MARKET:
41
39
+ 5.1%
SOLD PRICE VS. LIST PRICE:
102.18%
100.64%
+ 1.5%
BENNINGTON
2023
2022
+/- %
TOTAL SALES IN UNITS:
23
26
- 11.5%
AVERAGE SALE PRICE:
$301,700
$223,900
+ 34.7%
AVERAGE DAYS ON MARKET:
27
50
- 46.0%
SOLD PRICE VS. LIST PRICE:
97.15%
99.31%
- 2.2%
DUBLIN
2023
2022
+/- %
TOTAL SALES IN UNITS:
15
21
- 28.6%
AVERAGE SALE PRICE:
$600,500
$597,400
+ 0.5%
AVERAGE DAYS ON MARKET:
20
22
- 9.1%
SOLD PRICE VS. LIST PRICE:
99.60%
96.07%
+ 3.7%
FITZWILLIAM
2023
2022
+/- %
TOTAL SALES IN UNITS:
49
79
- 38.0%
AVERAGE SALE PRICE:
$288,700
$304,200
- 5.1%
AVERAGE DAYS ON MARKET:
28
53
- 47.2%
SOLD PRICE VS. LIST PRICE:
100.94%
100.47%
+ 0.5%
FRANCESTOWN
2023
2022
+/- %
TOTAL SALES IN UNITS:
19
34
- 44.1%
AVERAGE SALE PRICE:
$461,700
$383,200
+ 20.5%
AVERAGE DAYS ON MARKET:
12
33
- 63.6%
SOLD PRICE VS. LIST PRICE:
102.46%
99.75%
+ 2.7%
GREENVILLE
2023
2022
+/- %
TOTAL SALES IN UNITS:
29
29
0.0%
AVERAGE SALE PRICE:
$358,100
$236,000
+ 51.7%
AVERAGE DAYS ON MARKET:
49
35
+ 40.0%
SOLD PRICE VS. LIST PRICE:
69.76%
107.36%
- 35.0%
HANCOCK
2023
2022
+/- %
TOTAL SALES IN UNITS:
22
32
-31.3%
AVERAGE SALE PRICE:
$428,000
$484,800
- 11.7%
AVERAGE DAYS ON MARKET:
38
47
- 19.1%
SOLD PRICE VS. LIST PRICE:
98.25%
101.94%
- 3.6%
HARRISVILLE
2023
2022
+/- %
TOTAL SALES IN UNITS:
10
7
+ 42.9%
AVERAGE SALE PRICE:
$565,900
$581,100
- 2.6%
AVERAGE DAYS ON MARKET:
13
16
- 18.8%
SOLD PRICE VS. LIST PRICE:
94.83%
99.49%
- 4.7%
JAFFREY
2023
2022
+/- %
TOTAL SALES IN UNITS:
81
83
- 2.4%
AVERAGE SALE PRICE:
$382,200
$337,200
+ 13.3%
AVERAGE DAYS ON MARKET:
31
35
- 11.4%
SOLD PRICE VS. LIST PRICE:
100.42%
101.31%
- 0.9%
LYNDEBOROUGH
2023
2022
+/- %
TOTAL SALES IN UNITS:
17
22
- 22.7%
AVERAGE SALE PRICE:
$516,600
$508,800
+ 1.5%
AVERAGE DAYS ON MARKET:
32
25
+ 28.0%
SOLD PRICE VS. LIST PRICE:
99.43%
98.06%
+ 1.4%
NELSON
2023
2022
+/- %
TOTAL SALES IN UNITS:
6
5
+ 20.0%
AVERAGE SALE PRICE:
$330,800
$346,200
- 4.4%
AVERAGE DAYS ON MARKET:
26
32
- 18.8%
SOLD PRICE VS. LIST PRICE:
101.22%
106.33%
- 4.8%
PETERBOROUGH
2023
2022
+/- %
TOTAL SALES IN UNITS:
105
137
- 23.4%
AVERAGE SALE PRICE:
$460,200
$423,500
+ 8.7%
AVERAGE DAYS ON MARKET:
31
16
+ 93.8%
SOLD PRICE VS. LIST PRICE:
101.27%
103.20%
- 1.9%
RINDGE
2023
2022
+/- %
TOTAL SALES IN UNITS:
67
93
- 28.0%
AVERAGE SALE PRICE:
$526,400
$404,900
+ 30.0%
AVERAGE DAYS ON MARKET:
37
22
+ 68.2%
SOLD PRICE VS. LIST PRICE:
98.68%
100.99%
- 2.3%
STODDARD
2023
2022
+/- %
TOTAL SALES IN UNITS:
38
43
- 11.6%
AVERAGE SALE PRICE:
$324,300
$324,300
0.0%
AVERAGE DAYS ON MARKET:
74
63
+ 17.5%
SOLD PRICE VS. LIST PRICE:
101.27%
103.20%
- 1.9%
SWANZEY
2023
2022
+/- %
TOTAL SALES IN UNITS:
76
99
- 23.2%
AVERAGE SALE PRICE:
$305,400
$270,500
+ 12.9%
AVERAGE DAYS ON MARKET:
25
33
- 24.2%
SOLD PRICE VS. LIST PRICE:
101.75%
98.97%
+ 2.8%
TEMPLE
2023
2022
+/- %
TOTAL SALES IN UNITS:
17
28
- 39.3%
AVERAGE SALE PRICE:
$532,900
$380,400
+ 40.1%
AVERAGE DAYS ON MARKET:
20
69
- 71.0%
SOLD PRICE VS. LIST PRICE:
100.73%
99.91%
+ 0.8%
WALPOLE
2023
2022
+/- %
TOTAL SALES IN UNITS:
50
47
+ 6.4%
AVERAGE SALE PRICE:
$421,800
$418,100
+ 0.9%
AVERAGE DAYS ON MARKET:
74
41
+ 80.5%
SOLD PRICE VS. LIST PRICE:
94.94%
100.50%
- 5.5%
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Vermont New York ChamplainHudson Valley Valley Kingston: 845.331.3100 South Burlington: 802.864.0541 Rhinebeck: 845.876.5100 Central Tivoli: Vermont 845.757.5000 Catskill: 518.943.7533 Rutland: 802.774.7007 518.822.0800 Killington:Hudson: 802.746.4203 Stowe: 802.253.7267 Upstate New York Northeast Kingdom Saratoga Springs: 518.580.8500 St. Johnsbury: Bolton802.751.7582 Landing: 518.644.9500 Lake Placid: 518.523.2550 Southern Vermont Central New York Mount Snow: 802.464.1200 Stratton: 802.297.1100 Syracuse: 315.685.8100 Manchester: Thousand 802.362.4551 Islands Region: 315.685.8100 Okemo: 802.228.4537 Finger Lakes Region: 315.685.8100
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
Upper Valley Western New York Fairlee: 802.333.4701 Buffalo: 716.320.1414 Rochester: 585.394.7111
Vermont New York Hudson Valley Champlain Valley Kingston:802.864.0541 845.331.3100 South Burlington: Rhinebeck: 845.876.5100 Central Tivoli:Vermont 845.757.5000 Catskill: 518.943.7533 Rutland: 802.774.7007 Hudson: 518.822.0800 Killington: 802.746.4203 Stowe: 802.253.7267 Upstate New York Northeast Kingdom Saratoga Springs: 518.580.8500 St. Johnsbury: 802.751.7582 Bolton Landing: 518.644.9500 Lake Placid: 518.523.2550 Southern Vermont Central New York Mount Snow: 802.464.1200 Stratton: Syracuse: 802.297.1100 315.685.8100 Thousand Manchester: Islands 802.362.4551 Region: 315.685.8100 Okemo: 802.228.4537 Finger Lakes Region: 315.685.8100
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Upper Western ValleyNew York Fairlee:Buffalo: 802.333.4701 716.320.1414 Rochester: 585.394.7111
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