Market Report
Southern New Hampshire First - Third Quarter 2023
Market Overview At A Glance SOUTHERN NEW HAMPSHIRE The Southern New Hampshire housing market began to normalize in the first half of 2023 and continued into the third quarter after nearly two red-hot years. Limited inventory remained a major driving factor, and the total number of units sold was down by 22.8% across key select towns in the Region. However, the average sales price increased by 5.7%, while the average days on market decreased slightly from the mid-year average down to an increase of 8.2%. There is a breakdown for key Towns in this report for more details at a local market level. Moving into the final quarter of 2023, we anticipate that buyer demand will continue to be strong, driven by limited inventory and that pricing will continue to hold steady. 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.
Southern NH Overview All Properties | All Price Points Southern NH
2023
2022
+/-- % +/
TOTAL SALES IN UNITS:
3,459
4,478
- 22.8%
TOTAL SALES DOLLARS:
$1,666,677,000
$2,040,748,000
- 18.3%
AVERAGE SALE PRICE:
$481,800
$455,700
+ 5.7%
AVERAGE DAYS ON MARKET:
18
17
+ 8.2%
SOLD PRICE VS. LIST PRICE:
102.38%
103.62%
- 1.2%
Source: Prime MLS Data - (1/1/2023 - 9/30/2023) vs. Previous Year To Date (1/1/2022 - 9/30/2022) All Property Types - All Price Points - Amherst, Auburn, Bedford, Bow, Candia, Chester, Concord, Dunbarton, Goffstown, Hollis, Hooksett, Londonderry, Manchester, Merrimack, Nashua, New Boston, Weare.
Southern NH by Town All Properties | All Price Points AMHERST
2023
2022
+/- %
TOTAL SALES IN UNITS:
127
155
- 18.1%
AVERAGE SALE PRICE:
$622,100
$587,300
+ 5.9%
AVERAGE DAYS ON MARKET:
23
22
+ 4.5%
SOLD PRICE VS. LIST PRICE:
102.99%
103.43%
- 0.4%
AUBURN
2023
2022
+/- %
TOTAL SALES IN UNITS:
45
60
- 25.0%
AVERAGE SALE PRICE:
$700,900
$580,300
+ 20.8%
AVERAGE DAYS ON MARKET:
15
18
- 16.7%
SOLD PRICE VS. LIST PRICE:
101.10%
102.72%
- 1.6%
BEDFORD
2023
2022
+/- %
TOTAL SALES IN UNITS:
183
240
- 23.8%
AVERAGE SALE PRICE:
$758,300
$768,500
- 1.3%
AVERAGE DAYS ON MARKET:
23
24
- 4.2%
SOLD PRICE VS. LIST PRICE:
100.96%
103.03%
- 2.0%
BOW
2023
2022
+/- %
TOTAL SALES IN UNITS:
84
98
- 14.3%
AVERAGE SALE PRICE:
$547,200
$564,100
- 3.0%
AVERAGE DAYS ON MARKET:
15
41
- 63.4%
SOLD PRICE VS. LIST PRICE:
102.57%
106.32%
- 3.5%
CANDIA
2023
2022
+/- %
TOTAL SALES IN UNITS:
21
43
- 51.2%
AVERAGE SALE PRICE:
$440,600
$548,300
- 19.6%
AVERAGE DAYS ON MARKET:
24
28
- 14.3%
SOLD PRICE VS. LIST PRICE:
97.45%
101.80%
- 4.3%
CHESTER
2023
2022
+/- %
TOTAL SALES IN UNITS:
49
57
- 14.0%
AVERAGE SALE PRICE:
$616,200
$521,900
+ 18.1%
AVERAGE DAYS ON MARKET:
46
38
+ 21.1%
SOLD PRICE VS. LIST PRICE:
100.72%
102.68%
- 1.9%
CONCORD
2023
2022
+/- %
TOTAL SALES IN UNITS:
352
444
- 20.7%
AVERAGE SALE PRICE:
$370,100
$351,900
+ 5.2%
AVERAGE DAYS ON MARKET:
23
17
+ 35.3%
SOLD PRICE VS. LIST PRICE:
101.51%
102.77%
- 1.2%
DUNBARTON
2023
2022
+/- %
TOTAL SALES IN UNITS:
31
40
- 22.5%
AVERAGE SALE PRICE:
$517,400
$383,500
+ 34.9%
AVERAGE DAYS ON MARKET:
63
30
+ 110.0%
SOLD PRICE VS. LIST PRICE:
100.50%
102.02%
- 1.5%
GOFFSTOWN
2023
2022
+/- %
TOTAL SALES IN UNITS:
127
179
- 29.1%
AVERAGE SALE PRICE:
$445,700
$428,500
+ 4.0%
AVERAGE DAYS ON MARKET:
18
13
+ 38.5%
SOLD PRICE VS. LIST PRICE:
102.51%
103.36%
- 0.8%
HOLLIS
2023
2022
+/- %
TOTAL SALES IN UNITS:
75
124
- 39.5%
AVERAGE SALE PRICE:
$790,100
$703,500
+ 12.3%
AVERAGE DAYS ON MARKET:
35
20
+ 75.0%
SOLD PRICE VS. LIST PRICE:
100.14%
102.82%
- 2.6%
HOOKSETT
2023
2022
+/- %
TOTAL SALES IN UNITS:
161
189
- 14.8%
AVERAGE SALE PRICE:
$483,600
$437,600
+ 10.5%
AVERAGE DAYS ON MARKET:
19
17
+ 11.8%
SOLD PRICE VS. LIST PRICE:
102.44%
103.25%
- 0.8%
LONDONDERRY
2023
2022
+/- %
TOTAL SALES IN UNITS:
271
378
- 28.3%
AVERAGE SALE PRICE:
$545,400
$510,400
+ 6.9%
AVERAGE DAYS ON MARKET:
18
18
0%
SOLD PRICE VS. LIST PRICE:
102.54%
103.87%
- 1.3%
MANCHESTER
2023
2022
+/- %
TOTAL SALES IN UNITS:
909
1,175
- 22.6%
AVERAGE SALE PRICE:
$414,500
$384,000
+ 7.9%
AVERAGE DAYS ON MARKET:
15
15
0.0%
SOLD PRICE VS. LIST PRICE:
103.00%
103.54%
- 0.5%
MERRIMACK
2023
2022
+/- %
TOTAL SALES IN UNITS:
238
336
- 29.2%
AVERAGE SALE PRICE:
$450,300
$428,500
+ 5.1%
AVERAGE DAYS ON MARKET:
10
17
+ 11.8%
SOLD PRICE VS. LIST PRICE:
102.44%
103.25%
- 0.8%
NASHUA
2023
2022
+/- %
TOTAL SALES IN UNITS:
665
790
- 15.8%
AVERAGE SALE PRICE:
$454,700
$427,800
+ 6.3%
AVERAGE DAYS ON MARKET:
15
11
+ 36.4%
SOLD PRICE VS. LIST PRICE:
102.58%
104.31%
- 1.7%
NEW BOSTON
2023
2022
+/- %
TOTAL SALES IN UNITS:
41
62
- 33.9%
AVERAGE SALE PRICE:
$540,600
$533,800
+ 1.3%
AVERAGE DAYS ON MARKET:
27
19
+ 42.1%
SOLD PRICE VS. LIST PRICE:
101.63%
103.66%
- 2.0%
WEARE
2023
2022
+/- %
TOTAL SALES IN UNITS:
80
108
- 25.9%
AVERAGE SALE PRICE:
$445,200
$411,600
+ 8.2%
AVERAGE DAYS ON MARKET:
22
15
+ 46.7%
SOLD PRICE VS. LIST PRICE:
102.29%
103.04%
- 0.7%
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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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