For this New Hampshire Mid-Year Report, we are focusing on three property types: single-family homes, condominiums, and multi-family homes, along with the number of homes listed for sale and placed under contract.
Number of Homes Sold Increased by 0.5%
Home sales increased overall to 7,318 sales compared to 7,281 in the first half of 2024.
- Single-family sales increased by 0.7%, condos rose by 0.1% and multi-family homes increased by 0.2% all essentially flatlined over the same time last year.
- Monthly home sales in 2024 and 2025 have been very close. As we shift toward a more balanced market, homes may begin to sit longer, potentially leading to a year-over-year decrease in sales.
Prices Increase 3.7%
Homes Listed Increased 11.2%
There were 11,522 new listings in the first half of 2025 compared to 10,359 last year.
- 2023 saw the lowest number of homes listed in two decades, and it seems that was the bottom. Many sellers were hesitant to list their homes in an attempt to hold onto their pandemic-level rates. However, it comes to a point where making moves is not always a choice, especially when faced with certain life changes such as divorce, family growth, empty nesters, relocations, and job/income fluctuations.
- As we’re beginning to see an increase in new listings, homes are also starting to remain on the market a bit longer with fewer bidding wars. These trends indicate a shift toward a more balanced market. As more sellers enter the market, buyers are gaining more options and negotiating power.
- Generally, the number of new listings is an indicator of future pending sales, so with listings number up, we will hopefully see higher pending sales in the fall.
Pending Sales Increased 3.9%
The number of homes placed under contract increased 3.9% year over year with 9,353 pendings for the first half of 2025 compared to 9,004 in 2024.
- More listings and inventory have given buyers more of a chance to buy and therefore, pending sales have risen a bit. However, the increase in pending listings is nominal compared to years past, and the market is still tight.
- Generally, the number of homes pending is an indicator of future closed sales, so we could see a slight rise in sales into the fall.
Predictions for the Rest of the Year
The New Hampshire housing market is projected to experience moderate growth in the second half of 2025. An increase in the number of listings suggests a corresponding rise in pending sales and overall market activity into the fall..
This increase in housing inventory is expected to create more favorable conditions for buyers, particularly those who encountered significant competition in 2024. However, buyers will need to remain proactive and well-prepared to act quickly when the right opportunity arises. Affordability, driven by rising property values and an increasing cost of living, will continue to present challenges for many.
For sellers, the market is trending toward a more balanced environment. As a result, strategic and realistic pricing will be essential to attract motivated buyers in a less competitive landscape.
Overall, the New Hampshire housing market appears to be stabilizing, with improved equilibrium between supply and demand. This shift is likely to support more sustainable growth in the months ahead.
Data provided by PRIMEMLS then compared to the prior year.