Keene Housing expands solar energy efforts with new installations in Monadnock Region
The nonprofit and ReVision Energy expand renewable energy portfolio with new solar panels across five properties in the Monadnock Region
Another month, another increase in New Hampshire home sales
10.2% annual rise in sales reported in February with prices up 23.5%
February is supposed to be a slow month in the real estate market, especially in times of economic uncertainty and especially in a state that gets rather cold in the winter.
But not this February and not in New Hampshire.
According to the New Hampshire Association of Realtors, sales in February were 10.2% above last February. Prices are up 23.5%. The median price for a single-family home was $357,400 – nearly $70,000 more than pre-pandemic levels.
The biggest increase in closed sales was reported in Carroll County, where they rose in 75%. The biggest increase in price was in Belknap, up 35.6% to $339,000. And the highest median price in February was once again in Rockingham County –$455,500.
But there were just over 1,000 homes for sale in February – 1,062 to be precise. That’s about a third of the number that were on the market in February 2020. That means if no homes were on the market, that measly inventory would last 0.7 of a month – a little more than 20 days. Homes sold in an average of 42 days and sellers, on average, receive 100.% of their asking price.
