Despite the chaos brought on by the COVID-19 pandemic, there are some positive signs in New Hampshire’s housing market. According to a recent report by the New Hampshire Association of Realtors, the state saw an increase in both the number of closed sales and median prices for single-family homes in June compared to the same time last year. This indicates that despite the uncertainty in the economy, the housing market in New Hampshire is still robust.
Additionally, the report also showed that the number of pending sales for single-family homes was up by 35.8% compared to June 2019. This suggests that there is still strong demand for housing in the state, despite the ongoing pandemic. The increase in pending sales could be a result of pent-up demand from buyers who put their plans on hold during the peak of the pandemic.
Another positive aspect highlighted in the report is the increase in new listings for single-family homes. In June, there were 1,779 new listings, a 4.9% increase from the same time last year. This indicates that sellers are still confident in the market and are willing to list their properties for sale.
Overall, the housing market in New Hampshire seems to be holding up well, despite the challenges posed by the COVID-19 pandemic. With an increase in closed sales, pending sales, and new listings, the outlook for the state’s housing market remains positive.
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