NH property taxes not only among highest in country, but vary widely from town to town
New report shows the state's disproportionate reliance on property taxes, among the highest in the nation
Home sales slow in January, but median price still hovers near $400k
15.5% fewer Granite State homes were sold than 2021 as inventory continues to sink
January is a slow time for real estate sales, but things were really slow last month. Only 870 homes were sold in New Hampshire, a 15.5 percent drop from January 2021, according to the latest data from the NH Realtors Association.
But prices rose 14.2 percent from a year ago, although the median price of a single-family home dipped to $399,700 from December 2021, only the second time since last May that the median has dipped below $400,000.
Condos? Pretty much the same thing. Sales went down 17.2 percent, but the median unit price rose 18.8 percent, to $300,000.
As usual, the problem was note the lack of buyers but a lack of sellers. Those homes that do go on sale are on the market for an average of 33 days. There were only 931 homes for sale in January, a 35.4 percent decrease from the previous year, and there were 706 new listings, a 25.3 percent decrease.
Homes were selling for 1.4 percent more than the asking price, the Realtors said.
Homes in Carrol County appreciated the most, at a median price of $445,000, a 33.9 percent increase from a year ago. Rockingham County homes sold for a median $540,000, a 17.4 percent increase. The biggest slowdown in sales came in Sullivan, where 28 homes were sold, – a 47.2 percent decrease from 2021.
