Statewide home prices jumped for another month in August as the single-family and condominium markets continued to tighten amid the COVID-19 pandemic. 

Across New Hampshire, 1,436 single-family homes were sold last month, a 21 percent drop year-over-year. The median sale price was $333,000, a 13 percent year-over-year- jump and a 2 percent increase over July’s median sale price. Year-to-date, 8,684 single-family homes have been sold across the state, a 19 percent drop from the same time last year. The year-to-date median sale price is $310,000, a 9 percent increase over the same figure in August 2019. 

The condominium market, while smaller, saw similar movements in year-to-date figures. Five hundred and fourteen condos were sold in August, a 6 percent increase over 2019, at a median price of $242,000, a 13 percent jump from August 2019 and a 2 percent increase over July 2020. To date this year, 3,091 condos have been sold at a median price of $235,000, a 15 percent increase over the same figure last August. 

Median prices for both condos and single-family homes are now at unprecedented levels, while the year-over-year increases in prices are substantially higher in both asset classes than the state has seen in years. Only in 2013 has the state seen such a year-over-year jump in the August median sale price.