New Hampshire’s Real Estate Buzz for 2023

Discover the latest market trends in New Hampshire real estate.

What’s going on in our local housing market? In a nutshell, the current state of the real estate market in New Hampshire as we approach the end of 2023 looks promising. Today I’ll share the different trends that are emerging and making an impact in our market. 

Interest rates have dropped below 8%, and it's anticipated that they will remain low for the remainder of the year. This is excellent news, considering a momentary pause occurred when rates surged over 8%.

This development benefits both buyers and sellers, creating a more favorable market with interest rates hovering around 7%. Additionally, a recent CoreLogic report ranked New Hampshire as the top state in the country for property appreciation from October to October, registering a significant 9.4% increase. Consequently, homeowners who purchased within the last year have witnessed notable appreciation and equity gain. Even for buyers who experienced stress in the spring, there continues to be positive growth. 

"Whether you're considering buying or selling, the timing should align with your individual needs."

As we head into December and January, historically the months with the lowest median prices of the year, this presents an advantageous window for buyers. It's a great time to enter the market before the customary price increases associated with heightened selling activity.

Whether you're considering buying or selling, the timing should align with your individual needs. If you require guidance in planning your next steps for the short or long term—be it six months, a year, or even five years—we're here to assist you.

We're committed to supporting you in every decision you make, be it today or in the future. Feel free to call or email us if you have any questions or if you'd like to explore further details about the evolving market trends.