More than $1 billion worth of residential homes were sold in New Hampshire in June, an all-time record that reflects continued rising prices as much as increasing sales.
Sales of single-family homes in June were relatively robust at 1,474, the most of any month since 2022, and the median sales price – meaning that half were higher and half were lower – hit $575,000.
That combination means more than $1.01 billion worth of private homes were sold in June, the first $1 billion month in the state’s history, according to the New Hampshire Association of Realtors.
Home prices continue to increase partly because of a continuing shortage of single-family homes for sale. There were 2,745 homes for sale in New Hampshire during June, compared to
more than 6,000 homes available in June 2019.
The shortage can be seen in Concord, said NHAR President Josh Greenwald in a press statement: “In Concord, a city of 40,000, there were fewer than 30 homes on the market on any given day in June. A decade ago, there would have been over 90 homes in June.”
Buyers do seem to be interested despite prices. Pending sales around the state climbed 24.5 percent from a year ago to 1,717, the highest monthly total since 2021.
