At mid-year, the statewide median single-family sale price has hit not just a record for June, but for all time.
June’s median sale price hit $527,000 according to The Warren Group, publisher of The Registry Review. That’s the highest statewide median sale price for any month since at least January 2010, the oldest statistics available from the company.
It’s also a 4.87 percent increase over June 2024’s median single-family sale price. The year-to-date single-family sale price also hit $500,000 by the end of last month, a 5.26 percent year-over-year bump.
Those record high sale prices, however, occurred as the number of single-family homes trading hands jumped substantially.
The Warren Group said 1,015 single-families traded hands last month, a nearly 20 percent jump year-over-year.
That follows single-digit year-on-year percentage increases for most months this year, save a nearly 8 percent dip in May – possibly a sign of buyers putting sales on hold in April as the economy swayed under blows from tariff-driven economic uncertainty.
The year-to-date number of single-families sold through June 30 is up 5.03 percent over the same data point this time last year.
June data from the New Hampshire Association of Realtors suggests that sellers are continuing to pour into the market faster than buyers can soak up new supply.
Total inventory of single-family homes for sale last month jumped 25.5 percent year-over-year to 2,419 houses, the highest figure all year.
And new listings handily beat June 2024 by 19 percent to end the month at 1,964, and came within a hair’s breadth of eclipsing May’s total.
Average days on market barely budged, ending the month at 19 compared to 18 in June of last year.
Still, that only left the state with 2.3 months’ supply of homes for sale, NHAR reported.
