Report: N.H. home sales rose, median price fell in April



Published:

The number of housing units sold in New Hampshire increased in April over the same month the previous year, but the median price continued to fall below last year's levels, according to a RE/MAX of New England housing report.RE/MAX reported there were 1,238 housing units sold in the state in April, a 20.2 percent increase from the 1,030 units sold the same month the previous year. That was the highest year-over-year increase in units sold in New England that month.And the houses that sold also spent fewer days on market - 123 days, on average - than they did in April 2011, when units sold were on the market for an average of 151 days.Nevertheless, the trend of increased sales of units with a declining median price continued. The median price of a unit sold in New Hampshire in April was $180,000, down 2.7 percent from the median of $184,900 last April.Elsewhere in New England, only Maine and Massachusetts experienced an increase in year-over-year median sales price, though all states have seen an increase in the number of units sold, according to the report.The report also said that there were 1,825 pending sales in New Hampshire in April, up significantly from the 1,263 that were pending last April -- an indication that home sales will be strong this summer. -- KATHLEEN CALLAHAN/NEW HAMPSHIRE BUSINESS REVIEW

 

NHBR Poll