Housing Affordability Index
NH Monthly Indicators December 2013
Monthly Snapshot
In its entirety, 2013 proved to be a good year for housing. Home sales and prices were broadly higher across the nation, while foreclosure loads, the number of homes for sale and the number of days it took to sell a home were all much lower. Multiple-offer situations became commonplace again and prices in many areas rallied to multi-year highs. This, of course, varied by location and segment, but the proverbial glass appeared to be more than half full throughout the year. New Listings were up 5.3 percent for single family homes but decreased 13.9 percent for condo properties. Pending Sales increased 2.3 percent for single family homes and 14.1 percent for condo properties. The Median Sales Price was up 11.3 percent to $217,000 for single family homes and 8.8 percent to $160,000 for condo properties. Months Supply of Inventory decreased 21.9 percent for single family units and 31.9 percent for condo units. Housing is fortified by confident consumers and good jobs. The year 2013 was marked by a slowly improving labor market stunted by political gridlock, and the Federal Reserve's long-awaited taper announcement was not surprising. Interest rates remain low (but upwardly mobile), prices are still affordable, the employment picture looks decent and the stock market is up nearly 30.0 percent from this time last year. It's no wonder that buyers were active in 2013. Here's to more of the same in 2014.
+ 3.8%
+ 11.3%
+ 3.8%
One-Year Change in Single Family Closed Sales
One-Year Change in Single Family Median Sales Price
One-Year Change in Single Familly Sales Volume
Residential real estate activity in New Hampshire. A Research Tool Provided by the New Hampshire Association of REALTORS®. Percent changes are calculated using rounded figures.
Single Family Activity Overview Condo Activity Overview Closed Sales Median Sales Price Dollar Volume of Closed Sales (in millions) Days on Market Until Sale Pending Sales Months Supply of Inventory New Listings Inventory of Homes for Sale Percent of List Price Received Housing Affordability Index All Properties Activity Overview Single Family Residential Activity by County Condo Activity by County
2 3 4 5 6 7 8 9 10 11 12 13 14 15 16
Click on desired metric to jump to that page. Current as of January 30, 2014.All data from New Hampshire Assosiation of REALTORS®, Inc. and Northern New England Real Estate Network. Powered by 10K Research and Marketing.
NH Single Family Residential Activity Overview Key metrics by report month and for year-to-date (YTD) starting from the first of the year.
Key Metrics
Historical Sparkbars
Closed Sales 12-2010
12-2011
12-2012
12-2011
12-2012
12-2011
12-2012
12-2011
12-2012
12-2011
12-2012
New Listings
12-2011
12-2012
12-2011
12-2012
12-2011
12-2012
12-2011
12-2012
12-2011
12-2012
+ 10.3%
$195,000
$217,000
+ 11.3%
$202,000
$220,000
+ 8.9%
$256.7
$266.5
+ 3.8%
$3,166.1
$3,638.9
+ 14.9%
117
105
- 10.3%
114
100
- 12.3%
927
948
+ 2.3%
13,057
14,240
+ 9.1%
9.6
7.5
- 21.9%
--
--
--
815
858
+ 5.3%
22,933
24,954
+ 8.8%
10,408
8,869
- 14.8%
--
--
--
95.3%
95.2%
- 0.1%
95.4%
96.0%
+ 0.6%
210
175
- 16.7%
204
173
- 15.2%
12-2013
Affordability Index 12-2010
14,260
12-2013
Pct. of List Price Received 12-2010
12,923
12-2013
Homes for Sale 12-2010
+ 3.8%
12-2013
` 12-2010
1,072
12-2013
Months Supply 12-2010
1,033
Percent Change
12-2013
Pending Sales 12-2010
YTD 2012 YTD 2013
12-2013
Days on Market 12-2010
Percent Change
12-2013
$ Volume of Closed Sales (in millions) 12-2010
12-2013
12-2013
Median Sales Price 12-2010
12-2012
12-2013
Current as ofJanuary 30, 2014.All data from New Hampshire Assosiation of REALTORS®, Inc. and Northern New England Real Estate Network. Powered by 10K Research and Marketing. | Click for Cover Page | 2
NH Condo Activity Overview Key metrics by report month and for year-to-date (YTD) starting from the first of the year.
Key Metrics
Historical Sparkbars
Closed Sales 12-2010
12-2011
12-2012
12-2011
12-2012
12-2011
12-2012
12-2011
12-2012
12-2011
12-2012
12-2011
12-2012
12-2011
12-2012
12-2011
12-2012
12-2011
12-2012
12-2011
12-2012
+ 17.4%
$147,000
$160,000
+ 8.8%
$149,980
$161,000
+ 7.3%
$34.3
$44.5
+ 29.8%
$518.4
$651.1
+ 25.6%
140
114
- 18.6%
124
111
- 10.5%
198
226
+ 14.1%
3,003
3,514
+ 17.0%
9.4
6.4
- 31.9%
--
--
--
237
204
- 13.9%
4,942
5,375
+ 8.8%
2,342
1,869
- 20.2%
--
--
--
95.6%
96.5%
+ 0.9%
95.6%
96.3%
+ 0.7%
263
225
- 14.4%
259
224
- 13.5%
12-2013
Affordability Index 12-2010
3,530
12-2013
Pct. of List Price Received 12-2010
3,006
12-2013
Homes for Sale 12-2010
+ 14.1%
12-2013
New Listings 12-2010
243
12-2013
Months Supply 12-2010
213
Percent Change
12-2013
Pending Sales 12-2010
YTD 2012 YTD 2013
12-2013
Days on Market 12-2010
Percent Change
12-2013
$ Volume of Closed Sales (in millions) 12-2010
12-2013
12-2013
Median Sales Price 12-2010
12-2012
12-2013
Current as ofJanuary 30, 2014.All data from New Hampshire Assosiation of REALTORS®, Inc. and Northern New England Real Estate Network. Powered by 10K Research and Marketing. | Click for Cover Page | 3
NH Closed Sales A count of the actual sales that closed in a given month.
Year to Date
December 1,033
14,260
1,072 12,923
926 10,688
227
213
243
2,547
2011
2012
2013
2011
2012
2013
2011
+ 8.7%
+ 11.6%
+ 3.8%
- 2.6%
- 6.2%
+ 14.1%
+ 1.6%
Single Family
Condo
2012
2013
+ 20.9% + 10.3%
Single Family
2011
- 3.2%
3,006
3,530
2012
2013
+ 18.0% + 17.4%
Closed Sales
Single Family
Year-Over-Year Change
Condo
Year-Over-Year Change
Jan-2013
801
+21.5%
185
+13.5%
Feb-2013
683
+1.0%
182
+19.7%
Mar-2013
943
+5.2%
238
+21.4%
Apr-2013
1,076
+9.9%
272
+2.3%
May-2013
1,370
+12.4%
349
+16.7%
Jun-2013
1,488
+11.9%
343
+9.6%
Jul-2013
1,556
+23.4%
361
+26.7%
Aug-2013
1,592
+15.0%
403
+28.8%
Sep-2013
1,310
+14.7%
336
+22.2%
Oct-2013
1,277
+6.4%
358
+40.4%
Nov-2013
1,092
-4.5%
260
-5.8%
Dec-2013
1,072
+3.8%
243
+14.1%
12-Month Avg
1,188
+10.3%
294
+17.4%
Condo
Historical NH Closed Sales by Month
Single Family
2,000
Condo
1,500
1,000
500
0 1-2005
1-2006
1-2007
1-2008
1-2009
1-2010
1-2011
1-2012
1-2013
Current as ofJanuary 30, 2014.All data from New Hampshire Assosiation of REALTORS®, Inc. and Northern New England Real Estate Network. Powered by 10K Research and Marketing. | Click for Cover Page | 4
NH Median Sales Price Point at which half of the sales sold for more and half sold for less, not accounting for seller concessions, in a given month.
Year to Date
December
$220,000
$217,000 $195,000
Median Sales Price
$202,000 $202,000
$195,000
$160,000 $147,500
$155,000
$147,000
$161,000 $149,980
2011
2012
2013
2011
2012
2013
2011
2012
2013
2011
2012
2013
- 9.3%
0.0%
+ 11.3%
- 13.7%
- 0.3%
+ 8.8%
- 6.0%
0.0%
+ 8.9%
- 6.1%
- 3.2%
+ 7.3%
Single Family
Condo
Single Family
Condo
Historical NH Median Sales Price by Month
Single Family
Year-Over-Year Change
Condo
Year-Over-Year Change
Jan-2013
$192,500
-2.8%
$141,400
-5.7%
Feb-2013
$199,700
+12.3%
$143,351
+6.2%
Mar-2013
$194,900
+3.1%
$155,750
+15.4%
Apr-2013
$206,000
+8.4%
$153,700
+8.9%
May-2013
$217,000
+5.9%
$165,000
+6.5%
Jun-2013
$235,000
+9.3%
$167,600
+0.5%
Jul-2013
$236,500
+10.0%
$170,000
+13.4%
Aug-2013
$229,000
+9.0%
$171,800
+14.5%
Sep-2013
$225,000
+12.5%
$167,950
+10.5%
Oct-2013
$224,000
+5.4%
$162,000
+4.5%
Nov-2013
$214,950
+2.6%
$157,500
+11.3%
Dec-2013
$217,000
+11.3%
$160,000
+8.8%
12-Month Avg*
$220,000
+8.9%
$161,000
+7.3%
* Median Sales Price for all properties from January 2013 through December 2013. This is not the average of the individual figures above.
Single Family
$300,000
Condo
$275,000 $250,000 $225,000 $200,000 $175,000 $150,000 $125,000 1-2005
1-2006
1-2007
1-2008
1-2009
1-2010
1-2011
1-2012
1-2013
Current as ofJanuary 30, 2014.All data from New Hampshire Assosiation of REALTORS®, Inc. and Northern New England Real Estate Network. Powered by 10K Research and Marketing. | Click for Cover Page | 5
NH $ Volume of Closed Sales The total dollar volume for all closed sales in a given month (in millions). Does not account for seller concessions.
Year to Date
December $256.7
$3,638.9
$266.5 $3,166.1
$210.8
$2,606.1
$41.6
2011
- 7.0%
$ Volume of Closed Sales (in millions)
$34.3
$44.5
2012
2013
2011
2012
2013
2011
+ 21.8%
+ 3.8%
+ 1.7%
- 17.4%
+ 29.8%
- 3.4%
Single Family
Condo
2012
2013
+ 21.5% + 15.0%
$452.4
$518.4
2011
2012
- 5.3%
Single Family
$651.1
2013
+ 14.6% + 25.6%
Condo
Historical NH $ Volume of Closed Sales by Month (in millions)
Single Family
Year-Over-Year Change
Condo
Year-Over-Year Change
Jan-2013
$174.3
+12.2%
$31.0
+14.9%
Feb-2013
$152.5
+10.5%
$30.7
+31.6%
Mar-2013
$212.3
+4.4%
$42.5
+39.1%
Apr-2013
$259.6
+10.5%
$46.4
+6.0%
May-2013
$342.0
+18.9%
$64.7
+21.0%
Jun-2013
$410.6
+15.7%
$65.7
+12.9%
Jul-2013
$428.4
+37.9%
$68.6
+35.9%
Aug-2013
$428.6
+23.9%
$75.9
+36.1%
Sep-2013
$350.6
+26.5%
$65.6
+36.8%
Oct-2013
$333.4
+9.9%
$68.2
+47.0%
Nov-2013
$280.2
-6.2%
$47.3
+0.2%
Dec-2013
$266.5
+3.8%
$44.5
+29.8%
12-Month Avg*
$303.2
+15.0%
$54.3
+25.6%
* $ Volume of Closed Sales (in millions) for all properties from January 2013 through December 2013. This is not the average of the individual figures above.
Single Family
$700
Condo
$600 $500 $400 $300 $200 $100 $0 1-2005
1-2006
1-2007
1-2008
1-2009
1-2010
1-2011
1-2012
1-2013
Current as ofJanuary 30, 2014.All data from New Hampshire Assosiation of REALTORS®, Inc. and Northern New England Real Estate Network. Powered by 10K Research and Marketing. | Click for Cover Page | 6
NH Days on Market Average number of days between when a property is listed and when an offer is accepted in a given month.
Year to Date
December 146 126
140
117
117
124 114
111 100
114
105
2011
2012
2013
2011
2012
2013
2011
2012
2013
2011
2012
2013
+ 2.4%
- 7.1%
- 10.3%
- 1.4%
- 4.1%
- 18.6%
+ 4.5%
- 2.6%
- 12.3%
+ 0.8%
- 6.8%
- 10.5%
Single Family
Condo
Single Family
Single Family
Year-Over-Year Change
Condo
Year-Over-Year Change
Jan-2013
110
-19.1%
144
-4.0%
Feb-2013
126
+5.9%
123
-5.4%
Mar-2013
113
-10.3%
118
-13.2%
Apr-2013
111
-5.9%
114
-4.2%
May-2013
104
-8.8%
111
-11.9%
Jun-2013
88
-20.0%
102
-12.8%
Jul-2013
86
-18.9%
98
-14.0%
Aug-2013
92
-11.5%
111
+4.7%
Sep-2013
96
-15.0%
104
-18.1%
Oct-2013
97
-17.1%
113
-0.9%
Nov-2013
106
-5.4%
99
-23.3%
Dec-2013
105
-10.3%
114
-18.6%
12-Month Avg*
100
-12.3%
111
-10.5%
Days on Market
133
Condo
Historical NH Days on Market by Month
* Days on Market for all properties from January 2013 through December 2013. This is not the average of the individual figures above.
Single Family
180
Condo
160 140 120 100 80 60 40 1-2005
1-2006
1-2007
1-2008
1-2009
1-2010
1-2011
1-2012
1-2013
Current as ofJanuary 30, 2014.All data from New Hampshire Assosiation of REALTORS®, Inc. and Northern New England Real Estate Network. Powered by 10K Research and Marketing. | Click for Cover Page | 7
NH Pending Sales A count of the properties on which offers have been accepted in a given month.
Year to Date
December 948
927
14,240 13,057
804 10,679
$226
198
Single Family
Year-Over-Year Change
Condo
Year-Over-Year Change
Jan-2013
807
+11.8%
205
+20.6%
Feb-2013
776
+0.6%
207
+25.5%
Mar-2013
1,040
+4.2%
241
+7.1%
Apr-2013
1,179
+5.8%
305
+10.9%
May-2013
1,430
+22.7%
351
+6.0%
Jun-2013
1,424
+9.4%
326
+11.3%
Jul-2013
1,502
+19.6%
379
+29.8%
Aug-2013
1,569
+13.2%
402
+40.1%
Sep-2013
1,255
+4.1%
324
+17.8%
Oct-2013
1,295
+12.4%
311
+22.0%
Nov-2013
1,015
-4.1%
237
0.0%
Pending Sales
226
2,591
3,003
3,514
Dec-2013 2011
+ 9.1%
2012
2013
2011
2012
2013
2011
+ 15.3%
+ 2.3%
+ 16.5%
- 12.4%
+ 14.1%
+ 1.4%
Single Family
Condo
2012
2013
2011
+ 22.3%
+ 9.1%
- 2.0%
Single Family
2012
2013
+ 15.9% + 17.0%
12-Month Avg
948
+2.3%
226
+14.1%
1,187
+9.1%
293
+17.0%
Condo
Historical NH Pending Sales by Month
Single Family
1,750
Condo
1,500 1,250 1,000 750 500 250 0 1-2005
1-2006
1-2007
1-2008
1-2009
1-2010
1-2011
1-2012
1-2013
Current as ofJanuary 30, 2014.All data from New Hampshire Assosiation of REALTORS®, Inc. and Northern New England Real Estate Network. Powered by 10K Research and Marketing. | Click for Cover Page | 8
NH Months Supply of Inventory The inventory of homes for sale at the end of a given month, divided by the average monthly pending sales from the last 12 months.
December
Single Family
Year-Over-Year Change
Condo
Year-Over-Year Change
Jan-2013
9.5
-28.0%
9.3
-29.0%
Feb-2013
9.6
-28.4%
9.4
-31.4%
Mar-2013
10.0
-27.0%
10.0
-29.6%
Apr-2013
11.0
-24.1%
10.2
-28.7%
May-2013
11.9
-22.2%
10.5
-26.6%
Jun-2013
12.2
-20.3%
10.5
-26.1%
Jul-2013
12.1
-19.3%
10.1
-25.7%
Aug-2013
11.9
-17.9%
9.6
-27.3%
Sep-2013
11.4
-17.4%
9.0
-27.4%
Oct-2013
10.5
-18.0%
8.4
-27.6%
Nov-2013
9.4
-19.0%
7.8
-26.4%
7.5
-21.9%
6.4
-31.9%
10.6
-21.9%
9.3
-28.1%
Months Supply
13.3
12.8 9.6
9.4 7.5
6.4
Dec-2013 2011
2012
2013
2011
2012
2013
- 2.2%
- 27.8%
- 21.9%
- 7.2%
- 26.6%
- 31.9%
Single Family
Condo
12-Month Avg*
* Months Supply for all properties from January 2013 through December 2013. This is not the average of the individual figures above.
Historical NH Months Supply of Inventory by Month
Single Family
40.0
Condo
30.0
20.0
10.0
0.0 1-2005
1-2006
1-2007
1-2008
1-2009
1-2010
1-2011
1-2012
1-2013
Current as ofJanuary 30, 2014.All data from New Hampshire Assosiation of REALTORS®, Inc. and Northern New England Real Estate Network. Powered by 10K Research and Marketing. | Click for Cover Page | 9
NH New Listings A count of the properties that have been newly listed on the market in a given month.
Year to Date
December
24,954
1,002
23,040 22,933 858
815
258
237
5,122
204
4,942
5,375
New Listings
Single Family
Year-Over-Year Change
Condo
Year-Over-Year Change
Jan-2013 Feb-2013
1,584
+1.6%
388
-0.5%
1,523
-12.3%
397
-8.7%
Mar-2013
2,181
-6.1%
533
+5.1%
Apr-2013
3,060
+11.3%
576
+6.3%
May-2013
3,346
+21.1%
598
+3.1%
Jun-2013
2,702
+11.1%
523
+13.2%
Jul-2013
2,406
+20.6%
499
+21.1%
Aug-2013
2,332
+16.0%
520
+30.7%
Sep-2013
1,960
+15.8%
423
+19.8%
Oct-2013
1,777
+7.9%
413
+15.0%
Nov-2013
1,225
+1.2%
301
+12.7%
Dec-2013 2011
2012
2013
2011
2012
2013
2011
2012
2013
2011
2012
2013
+ 3.9%
- 18.7%
+ 5.3%
- 13.4%
- 8.1%
- 13.9%
- 4.7%
- 0.5%
+ 8.8%
- 13.3%
- 3.5%
+ 8.8%
Single Family
Condo
Single Family
12-Month Avg
858
+5.3%
204
-13.9%
1,911
+8.8%
412
+8.8%
Condo
Historical NH New Listings by Month
Single Family
4,000
Condo
3,000
2,000
1,000
0 1-2005
1-2006
1-2007
1-2008
1-2009
1-2010
1-2011
1-2012
1-2013
Current as ofJanuary 30, 2014.All data from New Hampshire Assosiation of REALTORS®, Inc. and Northern New England Real Estate Network. Powered by 10K Research and Marketing. | Click for Cover Page | 10
NH Inventory of Homes for Sale The number of properties available for sale in active status at the end of a given month.
December
Single Family
Year-Over-Year Change
Condo
Year-Over-Year Change
Jan-2013
10,377
-12.6%
2,354
-16.7%
Feb-2013
10,528
-13.6%
2,423
-18.3%
Mar-2013
10,976
-13.8%
2,580
-16.0%
Apr-2013
12,152
-11.3%
2,668
-15.6%
May-2013
13,446
-8.0%
2,757
-15.1%
Jun-2013
13,897
-6.9%
2,771
-14.7%
Jul-2013
14,004
-6.5%
2,738
-14.8%
Aug-2013
13,912
-6.1%
2,702
-14.7%
Sep-2013
13,463
-5.8%
2,579
-15.0%
Oct-2013
12,481
-7.8%
2,433
-15.9%
Nov-2013
11,091
-10.9%
2,256
-15.8%
8,869
-14.8%
1,869
-20.2%
12,100
-9.5%
2,511
-16.0%
Homes for Sale
11,874 10,408 8,869
2,769
2,342
1,869
Dec-2013 2011
2012
2013
2011
2012
2013
- 0.4%
- 12.3%
- 14.8%
- 8.8%
- 15.4%
- 20.2%
Single Family
12-Month Avg
Condo
Historical NH Inventory of Homes for Sale by Month
Single Family
17,500
Condo
15,000 12,500 10,000 7,500 5,000 2,500 0 1-2005
1-2006
1-2007
1-2008
1-2009
1-2010
1-2011
1-2012
1-2013
Current as ofJanuary 30, 2014.All data from New Hampshire Assosiation of REALTORS®, Inc. and Northern New England Real Estate Network. Powered by 10K Research and Marketing. | Click for Cover Page | 11
NH Percent of List Price Received Percentage found when dividing a property’s sales price by its most recent list price, then taking the average for all properties sold in a given month, not accounting for seller concessions.
December
Year to Date
94.3% 95.3% 95.2%
95.4% 95.6% 96.5%
94.9% 95.4% 96.0%
2011
2012
2013
2011
2012
2013
2011
2012
- 0.2%
+ 1.1%
- 0.1%
+ 0.4%
+ 0.2%
+ 0.9%
- 0.3%
+ 0.5%
Single Family
Condo
Pct. of List Price Received
2013
+ 0.6%
Single Family
95.1% 95.6% 96.3%
2011
- 0.5%
2012
+ 0.5%
Condo
Historical NH Percent of List Price Received by Month
2013
+ 0.7%
Single Family
Year-Over-Year Change
Condo
Year-Over-Year Change
Jan-2013
95.0%
+0.1%
95.1%
+0.7%
Feb-2013
94.8%
+0.7%
95.8%
+1.1%
Mar-2013
95.4%
+1.1%
96.4%
+1.3%
Apr-2013
96.1%
+0.9%
95.6%
+1.0%
May-2013
96.3%
+0.7%
96.3%
+0.3%
Jun-2013
96.7%
+0.7%
96.4%
+0.3%
Jul-2013
96.7%
+0.5%
97.1%
+0.9%
Aug-2013
96.4%
+0.7%
96.4%
+0.3%
Sep-2013
95.9%
+0.8%
96.4%
+0.7%
Oct-2013
96.0%
+0.5%
97.1%
+1.1%
Nov-2013
95.7%
+0.3%
95.5%
-0.3%
Dec-2013
95.2%
-0.1%
96.5%
+0.9%
12-Month Avg*
96.0%
+0.6%
96.3%
+0.7%
* Pct. of List Price Received for all properties from January 2013 through December 2013. This is not the average of the individual figures above.
Single Family
100%
Condo
99% 98% 97% 96% 95% 94% 93% 1-2005
1-2006
1-2007
1-2008
1-2009
1-2010
1-2011
1-2012
1-2013
Current as ofJanuary 30, 2014.All data from New Hampshire Assosiation of REALTORS®, Inc. and Northern New England Real Estate Network. Powered by 10K Research and Marketing. | Click for Cover Page | 12
NH Housing Affordability Index This index measures housing affordability for the region. An index of 120 means the median household income is 120% of what is necessary to qualify for the median-priced home under prevailing interest rates. A higher number means greater affordability.
Year to Date
December 263 242
259 233
225
210
193
Single Family
Year-Over-Year Change
Condo
Year-Over-Year Change
Jan-2013
210
+8.2%
268
+10.3%
Feb-2013
199
-7.0%
259
-2.6%
Mar-2013
202
+0.5%
243
-8.0%
Apr-2013
197
-3.0%
249
-3.5%
May-2013
182
-5.7%
228
-6.2%
Jun-2013
160
-14.4%
213
-7.4%
Jul-2013
161
-14.8%
212
-16.2%
Aug-2013
163
-15.1%
207
-17.9%
Sep-2013
168
-17.6%
214
-15.7%
Oct-2013
169
-12.4%
221
-11.2%
Nov-2013
185
-5.6%
238
-11.2%
Dec-2013
175
-16.7%
225
-14.4%
12-Month Avg*
181
-11.6%
198
-11.3%
Affordability Index
204
187
175
173
2011
2012
2013
2011
2012
2013
2011
2012
2013
+ 15.6%
+ 8.8%
- 16.7%
+ 19.2%
+ 8.7%
- 14.4%
+ 12.0%
+ 9.1%
- 15.2%
Single Family
Condo
224
Single Family
2011
2012
+ 11.5% + 11.2%
Condo
Historical NH Housing Affordability Index by Month
2013
- 13.5%
* Affordability Index for all properties from January 2013 through December 2013. This is not the average of the individual figures above.
Single Family
275
Condo
250 225 200 175 150 125 100 1-2005
1-2006
1-2007
1-2008
1-2009
1-2010
1-2011
1-2012
1-2013
Current as ofJanuary 30, 2014.All data from New Hampshire Assosiation of REALTORS®, Inc. and Northern New England Real Estate Network. Powered by 10K Research and Marketing. | Click for Cover Page | 13
NH All Properties Activity Overview Key metrics by report month and for year-to-date (YTD) starting from the first of the year. Includes Single Family, Condos and Manufactured/Mobile Homes.
Key Metrics
Historical Sparkbars
Closed Sales 12-2010
12-2011
12-2012
12-2011
12-2012
12-2011
12-2012
12-2011
12-2012
12-2011
12-2012
12-2011
12-2012
12-2011
12-2012
12-2011
12-2012
12-2011
12-2012
12-2011
12-2012
+ 11.4%
$182,950
$198,900
+ 8.7%
$185,000
$199,900
+ 8.1%
$293.9
$314.9
+ 7.2%
$3,722.8
$4,333.3
+ 16.4%
121
107
- 11.6%
118
103
- 12.7%
1,181
1,227
+ 3.9%
16,951
18,705
+ 10.3%
9.5
7.3
- 23.2%
--
--
--
1,114
1,138
+ 2.2%
29,357
31,897
+ 8.7%
13,466
11,314
- 16.0%
--
--
--
95.1%
95.1%
0.0%
95.1%
95.7%
+ 0.6%
221
188
- 14.7%
219
188
- 14.3%
12-2013
Affordability Index 12-2010
18,740
12-2013
Pct. of List Price Received 12-2010
16,820
12-2013
Homes for Sale 12-2010
+ 6.0%
12-2013
New Listings 12-2010
1,387
12-2013
Months Supply 12-2010
1,308
Percent Change
12-2013
Pending Sales 12-2010
YTD 2012 YTD 2013
12-2013
Days on Market 12-2010
Percent Change
12-2013
$ Volume of Closed Sales (in millions) 12-2010
12-2013
12-2013
Median Sales Price 12-2010
12-2012
12-2013
Current as ofJanuary 30, 2014.All data from New Hampshire Assosiation of REALTORS®, Inc. and Northern New England Real Estate Network. Powered by 10K Research and Marketing. | Click for Cover Page | 14
NH Single Family Residential Activity by County Key metrics by report month for the counties in the state of New Hampshire.
Closed Sales
Median Sales Price
Sales Volume (In Millions)
Days on Market
12-2012
12-2013
+/–
12-2012
12-2013
+/–
12-2012
12-2013
+/–
+/–
12-2012
12-2013
+/–
Belknap
45
65
+ 44.4%
$182,000
$172,400
- 5.3%
$11.3
$13.4
+ 18.1%
120
107
- 10.8%
49
71
+ 44.9%
Belknap Year-to-Date
795
903
+ 13.6%
$175,000
$185,000
+ 5.7%
$203.4
$240.6
+ 18.3%
132
126
- 4.5%
805
918
+ 14.0%
Carroll
88
61
- 30.7%
$189,000
$186,000
- 1.6%
$31.4
$16.3
- 48.0%
149
175
+ 17.4%
76
63
- 17.1%
Carroll Year-to-Date
903
926
+ 2.5%
$180,000
$184,000
+ 2.2%
$275.8
$254.9
- 7.6%
147
142
- 3.4%
901
926
+ 2.8%
Cheshire
49
54
+ 10.2%
$150,000
$169,000
+ 12.7%
$7.7
$10.4
+ 33.9%
106
115
+ 8.5%
53
39
- 26.4%
Cheshire Year-to-Date
710
736
+ 3.7%
$153,250
$159,000
+ 3.8%
$128.1
$134.2
+ 4.8%
123
125
+ 1.6%
724
720
- 0.6%
Coos
30
21
- 30.0%
$84,950
$83,000
- 2.3%
$3.6
$2.8
- 21.9%
237
164
- 30.8%
23
20
- 13.0%
Coos Year-to-Date
367
357
- 2.7%
$83,500
$83,000
- 0.6%
$36.7
$39.2
+ 6.9%
184
177
- 3.8%
374
350
- 6.4%
Grafton
57
85
+ 49.1%
$190,000
$165,300
- 13.0%
$18.7
$18.0
- 3.8%
174
146
- 16.1%
47
74
+ 57.4%
Grafton Year-to-Date
821
946
+ 15.2%
$169,000
$179,000
+ 5.9%
$194.5
$220.5
+ 13.4%
140
132
- 5.7%
824
947
+ 14.9%
Hillsborough
279
282
+ 1.1%
$205,500
$222,500
+ 8.3%
$64.4
$66.6
+ 3.4%
95
85
- 10.5%
259
235
- 9.3%
3,342
3,608
+ 8.0%
$213,000
$230,000
+ 8.0%
$782.0
$916.9
+ 17.2%
92
75
- 18.5%
3,378
3,569
+ 5.7%
107
138
+ 29.0%
$176,500
$196,700
+ 11.4%
$25.1
$32.9
+ 31.2%
121
93
- 23.1%
99
111
+ 12.1%
1,349
1,575
+ 16.8%
$184,000
$197,000
+ 7.1%
$297.1
$349.1
+ 17.5%
120
99
- 17.5%
1,362
1,576
+ 15.7%
240
244
+ 1.7%
$245,000
$291,500
+ 19.0%
$67.0
$80.8
+ 20.6%
98
91
- 7.1%
204
240
+ 17.6%
3,078
3,460
+ 12.4%
$260,000
$275,000
+ 5.8%
$919.8
$1,113.5
+ 21.1%
103
86
- 16.5%
3,120
3,486
+ 11.7%
105
82
- 21.9%
$173,750
$208,875
+ 20.2%
$21.0
$18.1
- 14.1%
112
117
+ 4.5%
93
68
- 26.9%
1,141
1,237
+ 8.4%
$180,250
$199,900
+ 10.9%
$234.3
$272.0
+ 16.1%
106
91
- 14.2%
1,150
1,234
+ 7.3%
Sullivan
33
40
+ 21.2%
$161,000
$133,900
- 16.8%
$6.3
$7.2
+ 13.4%
178
123
- 30.9%
24
27
+ 12.5%
Sullivan Year-to-Date
417
512
+ 22.8%
$141,900
$141,750
- 0.1%
$94.4
$98.0
+ 3.8%
157
143
- 8.9%
419
514
+ 22.7%
Entire State
1,033
1,072
+ 3.8%
$195,000
$217,000
+ 11.3%
$256.7
$266.5
+ 3.8%
117
105
- 10.3%
927
948
+ 2.3%
Entire State Year-to-Date
12,923
14,260
+ 10.3%
$202,000
$220,000
+ 8.9%
$3,166.1
$3,638.9
+ 14.9%
114
100
- 12.3%
13,057
14,240
+ 9.1%
Hillsborough Year-to-Date Merrimack Merrimack Year-to-Date Rockingham Rockingham Year-to-Date Strafford Strafford Year-to-Date
12-2012 12-2013
Pending Sales
Current as ofJanuary 30, 2014.All data from New Hampshire Assosiation of REALTORS®, Inc. and Northern New England Real Estate Network. Powered by 10K Research and Marketing. | Click for Cover Page | 15
NH Condo Activity by County Key metrics by report month for the counties in the state of New Hampshire.
Closed Sales
Sales Volume
Median Sales Price
Days on Market
(In Millions)
Pending Sales
12-2012
12-2013
+/–
12-2012
12-2013
+/–
12-2012
12-2013
+/–
12-2012
12-2013
+/–
6
9
+ 50.0%
$189,500
$73,000
- 61.5%
$1.4
$1.5
+ 3.9%
223
160
- 28.3%
8
11
+ 37.5%
Belknap Year-to-Date
164
190
+ 15.9%
$138,625
$155,000
+ 11.8%
$27.9
$34.8
+ 24.7%
158
148
- 6.3%
167
192
+ 15.0%
Carroll
15
19
+ 26.7%
$109,000
$160,000
+ 46.8%
$1.9
$3.4
+ 77.0%
184
277
+ 50.5%
11
24
+ 118.2%
Carroll Year-to-Date
163
215
+ 31.9%
$135,000
$159,000
+ 17.8%
$24.5
$38.5
+ 57.1%
158
169
+ 7.0%
160
221
+ 38.1%
Cheshire
0
4
--
$0
$145,450
--
$0
$0.6
--
0
92
--
5
2
- 60.0%
Cheshire Year-to-Date
0
69
--
$0
$142,000
--
$0
$9.4
--
205
122
- 40.5%
58
64
+ 10.3%
Coos
3
7
+ 133.3%
$474,000
$257,876
- 45.6%
$1.6
$2.0
+ 27.9%
451
129
- 71.4%
3
7
+ 133.3%
Coos Year-to-Date
18
32
+ 77.8%
$322,500
$254,262
- 21.2%
$6.2
$8.8
+ 40.5%
233
169
- 27.5%
18
32
+ 77.8%
Grafton
28
22
- 21.4%
$164,000
$115,000
- 29.9%
$4.9
$3.1
- 37.4%
225
190
- 15.6%
22
20
- 9.1%
Grafton Year-to-Date
290
365
+ 25.9%
$158,900
$163,000
+ 2.6%
$49.5
$68.1
+ 37.6%
181
176
- 2.8%
292
363
+ 24.3%
Hillsborough
68
74
+ 8.8%
$145,000
$152,950
+ 5.5%
$10.5
$13.1
+ 24.9%
108
87
- 19.4%
62
64
+ 3.2%
Hillsborough Year-to-Date
991
1,156
+ 16.6%
$142,000
$154,500
+ 8.8%
$158.0
$199.6
+ 26.4%
95
83
- 12.6%
992
1,152
+ 16.1%
Merrimack
22
19
- 13.6%
$122,500
$182,500
+ 49.0%
$2.8
$3.5
+ 27.5%
138
129
- 6.5%
19
22
+ 15.8%
Merrimack Year-to-Date
229
218
- 4.8%
$125,000
$141,700
+ 13.4%
$31.9
$34.1
+ 7.0%
118
119
+ 0.8%
230
217
- 5.7%
Rockingham
57
81
+ 42.1%
$169,000
$178,500
+ 5.6%
$9.7
$15.6
+ 60.9%
110
77
- 30.0%
56
65
+ 16.1%
Rockingham Year-to-Date
930
1,086
+ 16.8%
$176,000
$189,000
+ 7.4%
$188.5
$229.0
+ 21.5%
119
100
- 16.0%
921
1,073
+ 16.5%
Strafford
11
5
- 54.5%
$82,501
$200,000
+ 142.4%
$0.9
$1.2
+ 35.9%
111
60
- 45.9%
10
8
- 20.0%
Strafford Year-to-Date
134
175
+ 30.6%
$120,000
$122,000
+ 1.7%
$17.8
$24.4
+ 37.0%
122
84
- 31.1%
135
176
+ 30.4%
Sullivan
33
3
- 90.9%
$175,000
$154,000
- 12.0%
$6.8
$0.5
- 92.7%
180
156
- 13.3%
30
3
- 90.0%
Sullivan Year-to-Date
33
24
- 27.3%
$175,000
$149,500
- 14.6%
$6.8
$4.4
- 35.7%
180
215
+ 19.4%
30
24
- 20.0%
Entire State
213
243
+ 14.1%
$147,000
$160,000
+ 8.8%
$34.3
$44.5
+ 29.8%
140
114
- 18.6%
198
226
+ 14.1%
3,006
3,530
+ 17.4%
$149,980
$161,000
+ 7.3%
$518.4
$651.1
+ 25.6%
124
111
- 10.5%
3,003
3,514
+ 17.0%
Belknap
Entire State Year-to-Date
12-2012 12-2013
+/–
Current as ofJanuary 30, 2014.All data from New Hampshire Assosiation of REALTORS®, Inc. and Northern New England Real Estate Network. Powered by 10K Research and Marketing. | Click for Cover Page | 16
Monthly Snapshot
In its entirety, 2013 proved to be a good year for housing. Home sales and prices were broadly higher across the nation, while foreclosure loads, the number of homes for sale and the number of days it took to sell a home were all much lower. Multiple-offer situations became commonplace again and prices in many areas rallied to multi-year highs. This, of course, varied by location and segment, but the proverbial glass appeared to be more than half full throughout the year. New Listings were up 5.3 percent for single family homes but decreased 13.9 percent for condo properties. Pending Sales increased 2.3 percent for single family homes and 14.1 percent for condo properties. The Median Sales Price was up 11.3 percent to $217,000 for single family homes and 8.8 percent to $160,000 for condo properties. Months Supply of Inventory decreased 21.9 percent for single family units and 31.9 percent for condo units. Housing is fortified by confident consumers and good jobs. The year 2013 was marked by a slowly improving labor market stunted by political gridlock, and the Federal Reserve's long-awaited taper announcement was not surprising. Interest rates remain low (but upwardly mobile), prices are still affordable, the employment picture looks decent and the stock market is up nearly 30.0 percent from this time last year. It's no wonder that buyers were active in 2013. Here's to more of the same in 2014.
+ 3.8%
+ 11.3%
+ 3.8%
One-Year Change in Single Family Closed Sales
One-Year Change in Single Family Median Sales Price
One-Year Change in Single Familly Sales Volume
Residential real estate activity in New Hampshire. A Research Tool Provided by the New Hampshire Association of REALTORS®. Percent changes are calculated using rounded figures.
Single Family Activity Overview Condo Activity Overview Closed Sales Median Sales Price Dollar Volume of Closed Sales (in millions) Days on Market Until Sale Pending Sales Months Supply of Inventory New Listings Inventory of Homes for Sale Percent of List Price Received Housing Affordability Index All Properties Activity Overview Single Family Residential Activity by County Condo Activity by County
2 3 4 5 6 7 8 9 10 11 12 13 14 15 16
Click on desired metric to jump to that page. Current as of January 30, 2014.All data from New Hampshire Assosiation of REALTORS®, Inc. and Northern New England Real Estate Network. Powered by 10K Research and Marketing.
NH Single Family Residential Activity Overview Key metrics by report month and for year-to-date (YTD) starting from the first of the year.
Key Metrics
Historical Sparkbars
Closed Sales 12-2010
12-2011
12-2012
12-2011
12-2012
12-2011
12-2012
12-2011
12-2012
12-2011
12-2012
New Listings
12-2011
12-2012
12-2011
12-2012
12-2011
12-2012
12-2011
12-2012
12-2011
12-2012
+ 10.3%
$195,000
$217,000
+ 11.3%
$202,000
$220,000
+ 8.9%
$256.7
$266.5
+ 3.8%
$3,166.1
$3,638.9
+ 14.9%
117
105
- 10.3%
114
100
- 12.3%
927
948
+ 2.3%
13,057
14,240
+ 9.1%
9.6
7.5
- 21.9%
--
--
--
815
858
+ 5.3%
22,933
24,954
+ 8.8%
10,408
8,869
- 14.8%
--
--
--
95.3%
95.2%
- 0.1%
95.4%
96.0%
+ 0.6%
210
175
- 16.7%
204
173
- 15.2%
12-2013
Affordability Index 12-2010
14,260
12-2013
Pct. of List Price Received 12-2010
12,923
12-2013
Homes for Sale 12-2010
+ 3.8%
12-2013
` 12-2010
1,072
12-2013
Months Supply 12-2010
1,033
Percent Change
12-2013
Pending Sales 12-2010
YTD 2012 YTD 2013
12-2013
Days on Market 12-2010
Percent Change
12-2013
$ Volume of Closed Sales (in millions) 12-2010
12-2013
12-2013
Median Sales Price 12-2010
12-2012
12-2013
Current as ofJanuary 30, 2014.All data from New Hampshire Assosiation of REALTORS®, Inc. and Northern New England Real Estate Network. Powered by 10K Research and Marketing. | Click for Cover Page | 2
NH Condo Activity Overview Key metrics by report month and for year-to-date (YTD) starting from the first of the year.
Key Metrics
Historical Sparkbars
Closed Sales 12-2010
12-2011
12-2012
12-2011
12-2012
12-2011
12-2012
12-2011
12-2012
12-2011
12-2012
12-2011
12-2012
12-2011
12-2012
12-2011
12-2012
12-2011
12-2012
12-2011
12-2012
+ 17.4%
$147,000
$160,000
+ 8.8%
$149,980
$161,000
+ 7.3%
$34.3
$44.5
+ 29.8%
$518.4
$651.1
+ 25.6%
140
114
- 18.6%
124
111
- 10.5%
198
226
+ 14.1%
3,003
3,514
+ 17.0%
9.4
6.4
- 31.9%
--
--
--
237
204
- 13.9%
4,942
5,375
+ 8.8%
2,342
1,869
- 20.2%
--
--
--
95.6%
96.5%
+ 0.9%
95.6%
96.3%
+ 0.7%
263
225
- 14.4%
259
224
- 13.5%
12-2013
Affordability Index 12-2010
3,530
12-2013
Pct. of List Price Received 12-2010
3,006
12-2013
Homes for Sale 12-2010
+ 14.1%
12-2013
New Listings 12-2010
243
12-2013
Months Supply 12-2010
213
Percent Change
12-2013
Pending Sales 12-2010
YTD 2012 YTD 2013
12-2013
Days on Market 12-2010
Percent Change
12-2013
$ Volume of Closed Sales (in millions) 12-2010
12-2013
12-2013
Median Sales Price 12-2010
12-2012
12-2013
Current as ofJanuary 30, 2014.All data from New Hampshire Assosiation of REALTORS®, Inc. and Northern New England Real Estate Network. Powered by 10K Research and Marketing. | Click for Cover Page | 3
NH Closed Sales A count of the actual sales that closed in a given month.
Year to Date
December 1,033
14,260
1,072 12,923
926 10,688
227
213
243
2,547
2011
2012
2013
2011
2012
2013
2011
+ 8.7%
+ 11.6%
+ 3.8%
- 2.6%
- 6.2%
+ 14.1%
+ 1.6%
Single Family
Condo
2012
2013
+ 20.9% + 10.3%
Single Family
2011
- 3.2%
3,006
3,530
2012
2013
+ 18.0% + 17.4%
Closed Sales
Single Family
Year-Over-Year Change
Condo
Year-Over-Year Change
Jan-2013
801
+21.5%
185
+13.5%
Feb-2013
683
+1.0%
182
+19.7%
Mar-2013
943
+5.2%
238
+21.4%
Apr-2013
1,076
+9.9%
272
+2.3%
May-2013
1,370
+12.4%
349
+16.7%
Jun-2013
1,488
+11.9%
343
+9.6%
Jul-2013
1,556
+23.4%
361
+26.7%
Aug-2013
1,592
+15.0%
403
+28.8%
Sep-2013
1,310
+14.7%
336
+22.2%
Oct-2013
1,277
+6.4%
358
+40.4%
Nov-2013
1,092
-4.5%
260
-5.8%
Dec-2013
1,072
+3.8%
243
+14.1%
12-Month Avg
1,188
+10.3%
294
+17.4%
Condo
Historical NH Closed Sales by Month
Single Family
2,000
Condo
1,500
1,000
500
0 1-2005
1-2006
1-2007
1-2008
1-2009
1-2010
1-2011
1-2012
1-2013
Current as ofJanuary 30, 2014.All data from New Hampshire Assosiation of REALTORS®, Inc. and Northern New England Real Estate Network. Powered by 10K Research and Marketing. | Click for Cover Page | 4
NH Median Sales Price Point at which half of the sales sold for more and half sold for less, not accounting for seller concessions, in a given month.
Year to Date
December
$220,000
$217,000 $195,000
Median Sales Price
$202,000 $202,000
$195,000
$160,000 $147,500
$155,000
$147,000
$161,000 $149,980
2011
2012
2013
2011
2012
2013
2011
2012
2013
2011
2012
2013
- 9.3%
0.0%
+ 11.3%
- 13.7%
- 0.3%
+ 8.8%
- 6.0%
0.0%
+ 8.9%
- 6.1%
- 3.2%
+ 7.3%
Single Family
Condo
Single Family
Condo
Historical NH Median Sales Price by Month
Single Family
Year-Over-Year Change
Condo
Year-Over-Year Change
Jan-2013
$192,500
-2.8%
$141,400
-5.7%
Feb-2013
$199,700
+12.3%
$143,351
+6.2%
Mar-2013
$194,900
+3.1%
$155,750
+15.4%
Apr-2013
$206,000
+8.4%
$153,700
+8.9%
May-2013
$217,000
+5.9%
$165,000
+6.5%
Jun-2013
$235,000
+9.3%
$167,600
+0.5%
Jul-2013
$236,500
+10.0%
$170,000
+13.4%
Aug-2013
$229,000
+9.0%
$171,800
+14.5%
Sep-2013
$225,000
+12.5%
$167,950
+10.5%
Oct-2013
$224,000
+5.4%
$162,000
+4.5%
Nov-2013
$214,950
+2.6%
$157,500
+11.3%
Dec-2013
$217,000
+11.3%
$160,000
+8.8%
12-Month Avg*
$220,000
+8.9%
$161,000
+7.3%
* Median Sales Price for all properties from January 2013 through December 2013. This is not the average of the individual figures above.
Single Family
$300,000
Condo
$275,000 $250,000 $225,000 $200,000 $175,000 $150,000 $125,000 1-2005
1-2006
1-2007
1-2008
1-2009
1-2010
1-2011
1-2012
1-2013
Current as ofJanuary 30, 2014.All data from New Hampshire Assosiation of REALTORS®, Inc. and Northern New England Real Estate Network. Powered by 10K Research and Marketing. | Click for Cover Page | 5
NH $ Volume of Closed Sales The total dollar volume for all closed sales in a given month (in millions). Does not account for seller concessions.
Year to Date
December $256.7
$3,638.9
$266.5 $3,166.1
$210.8
$2,606.1
$41.6
2011
- 7.0%
$ Volume of Closed Sales (in millions)
$34.3
$44.5
2012
2013
2011
2012
2013
2011
+ 21.8%
+ 3.8%
+ 1.7%
- 17.4%
+ 29.8%
- 3.4%
Single Family
Condo
2012
2013
+ 21.5% + 15.0%
$452.4
$518.4
2011
2012
- 5.3%
Single Family
$651.1
2013
+ 14.6% + 25.6%
Condo
Historical NH $ Volume of Closed Sales by Month (in millions)
Single Family
Year-Over-Year Change
Condo
Year-Over-Year Change
Jan-2013
$174.3
+12.2%
$31.0
+14.9%
Feb-2013
$152.5
+10.5%
$30.7
+31.6%
Mar-2013
$212.3
+4.4%
$42.5
+39.1%
Apr-2013
$259.6
+10.5%
$46.4
+6.0%
May-2013
$342.0
+18.9%
$64.7
+21.0%
Jun-2013
$410.6
+15.7%
$65.7
+12.9%
Jul-2013
$428.4
+37.9%
$68.6
+35.9%
Aug-2013
$428.6
+23.9%
$75.9
+36.1%
Sep-2013
$350.6
+26.5%
$65.6
+36.8%
Oct-2013
$333.4
+9.9%
$68.2
+47.0%
Nov-2013
$280.2
-6.2%
$47.3
+0.2%
Dec-2013
$266.5
+3.8%
$44.5
+29.8%
12-Month Avg*
$303.2
+15.0%
$54.3
+25.6%
* $ Volume of Closed Sales (in millions) for all properties from January 2013 through December 2013. This is not the average of the individual figures above.
Single Family
$700
Condo
$600 $500 $400 $300 $200 $100 $0 1-2005
1-2006
1-2007
1-2008
1-2009
1-2010
1-2011
1-2012
1-2013
Current as ofJanuary 30, 2014.All data from New Hampshire Assosiation of REALTORS®, Inc. and Northern New England Real Estate Network. Powered by 10K Research and Marketing. | Click for Cover Page | 6
NH Days on Market Average number of days between when a property is listed and when an offer is accepted in a given month.
Year to Date
December 146 126
140
117
117
124 114
111 100
114
105
2011
2012
2013
2011
2012
2013
2011
2012
2013
2011
2012
2013
+ 2.4%
- 7.1%
- 10.3%
- 1.4%
- 4.1%
- 18.6%
+ 4.5%
- 2.6%
- 12.3%
+ 0.8%
- 6.8%
- 10.5%
Single Family
Condo
Single Family
Single Family
Year-Over-Year Change
Condo
Year-Over-Year Change
Jan-2013
110
-19.1%
144
-4.0%
Feb-2013
126
+5.9%
123
-5.4%
Mar-2013
113
-10.3%
118
-13.2%
Apr-2013
111
-5.9%
114
-4.2%
May-2013
104
-8.8%
111
-11.9%
Jun-2013
88
-20.0%
102
-12.8%
Jul-2013
86
-18.9%
98
-14.0%
Aug-2013
92
-11.5%
111
+4.7%
Sep-2013
96
-15.0%
104
-18.1%
Oct-2013
97
-17.1%
113
-0.9%
Nov-2013
106
-5.4%
99
-23.3%
Dec-2013
105
-10.3%
114
-18.6%
12-Month Avg*
100
-12.3%
111
-10.5%
Days on Market
133
Condo
Historical NH Days on Market by Month
* Days on Market for all properties from January 2013 through December 2013. This is not the average of the individual figures above.
Single Family
180
Condo
160 140 120 100 80 60 40 1-2005
1-2006
1-2007
1-2008
1-2009
1-2010
1-2011
1-2012
1-2013
Current as ofJanuary 30, 2014.All data from New Hampshire Assosiation of REALTORS®, Inc. and Northern New England Real Estate Network. Powered by 10K Research and Marketing. | Click for Cover Page | 7
NH Pending Sales A count of the properties on which offers have been accepted in a given month.
Year to Date
December 948
927
14,240 13,057
804 10,679
$226
198
Single Family
Year-Over-Year Change
Condo
Year-Over-Year Change
Jan-2013
807
+11.8%
205
+20.6%
Feb-2013
776
+0.6%
207
+25.5%
Mar-2013
1,040
+4.2%
241
+7.1%
Apr-2013
1,179
+5.8%
305
+10.9%
May-2013
1,430
+22.7%
351
+6.0%
Jun-2013
1,424
+9.4%
326
+11.3%
Jul-2013
1,502
+19.6%
379
+29.8%
Aug-2013
1,569
+13.2%
402
+40.1%
Sep-2013
1,255
+4.1%
324
+17.8%
Oct-2013
1,295
+12.4%
311
+22.0%
Nov-2013
1,015
-4.1%
237
0.0%
Pending Sales
226
2,591
3,003
3,514
Dec-2013 2011
+ 9.1%
2012
2013
2011
2012
2013
2011
+ 15.3%
+ 2.3%
+ 16.5%
- 12.4%
+ 14.1%
+ 1.4%
Single Family
Condo
2012
2013
2011
+ 22.3%
+ 9.1%
- 2.0%
Single Family
2012
2013
+ 15.9% + 17.0%
12-Month Avg
948
+2.3%
226
+14.1%
1,187
+9.1%
293
+17.0%
Condo
Historical NH Pending Sales by Month
Single Family
1,750
Condo
1,500 1,250 1,000 750 500 250 0 1-2005
1-2006
1-2007
1-2008
1-2009
1-2010
1-2011
1-2012
1-2013
Current as ofJanuary 30, 2014.All data from New Hampshire Assosiation of REALTORS®, Inc. and Northern New England Real Estate Network. Powered by 10K Research and Marketing. | Click for Cover Page | 8
NH Months Supply of Inventory The inventory of homes for sale at the end of a given month, divided by the average monthly pending sales from the last 12 months.
December
Single Family
Year-Over-Year Change
Condo
Year-Over-Year Change
Jan-2013
9.5
-28.0%
9.3
-29.0%
Feb-2013
9.6
-28.4%
9.4
-31.4%
Mar-2013
10.0
-27.0%
10.0
-29.6%
Apr-2013
11.0
-24.1%
10.2
-28.7%
May-2013
11.9
-22.2%
10.5
-26.6%
Jun-2013
12.2
-20.3%
10.5
-26.1%
Jul-2013
12.1
-19.3%
10.1
-25.7%
Aug-2013
11.9
-17.9%
9.6
-27.3%
Sep-2013
11.4
-17.4%
9.0
-27.4%
Oct-2013
10.5
-18.0%
8.4
-27.6%
Nov-2013
9.4
-19.0%
7.8
-26.4%
7.5
-21.9%
6.4
-31.9%
10.6
-21.9%
9.3
-28.1%
Months Supply
13.3
12.8 9.6
9.4 7.5
6.4
Dec-2013 2011
2012
2013
2011
2012
2013
- 2.2%
- 27.8%
- 21.9%
- 7.2%
- 26.6%
- 31.9%
Single Family
Condo
12-Month Avg*
* Months Supply for all properties from January 2013 through December 2013. This is not the average of the individual figures above.
Historical NH Months Supply of Inventory by Month
Single Family
40.0
Condo
30.0
20.0
10.0
0.0 1-2005
1-2006
1-2007
1-2008
1-2009
1-2010
1-2011
1-2012
1-2013
Current as ofJanuary 30, 2014.All data from New Hampshire Assosiation of REALTORS®, Inc. and Northern New England Real Estate Network. Powered by 10K Research and Marketing. | Click for Cover Page | 9
NH New Listings A count of the properties that have been newly listed on the market in a given month.
Year to Date
December
24,954
1,002
23,040 22,933 858
815
258
237
5,122
204
4,942
5,375
New Listings
Single Family
Year-Over-Year Change
Condo
Year-Over-Year Change
Jan-2013 Feb-2013
1,584
+1.6%
388
-0.5%
1,523
-12.3%
397
-8.7%
Mar-2013
2,181
-6.1%
533
+5.1%
Apr-2013
3,060
+11.3%
576
+6.3%
May-2013
3,346
+21.1%
598
+3.1%
Jun-2013
2,702
+11.1%
523
+13.2%
Jul-2013
2,406
+20.6%
499
+21.1%
Aug-2013
2,332
+16.0%
520
+30.7%
Sep-2013
1,960
+15.8%
423
+19.8%
Oct-2013
1,777
+7.9%
413
+15.0%
Nov-2013
1,225
+1.2%
301
+12.7%
Dec-2013 2011
2012
2013
2011
2012
2013
2011
2012
2013
2011
2012
2013
+ 3.9%
- 18.7%
+ 5.3%
- 13.4%
- 8.1%
- 13.9%
- 4.7%
- 0.5%
+ 8.8%
- 13.3%
- 3.5%
+ 8.8%
Single Family
Condo
Single Family
12-Month Avg
858
+5.3%
204
-13.9%
1,911
+8.8%
412
+8.8%
Condo
Historical NH New Listings by Month
Single Family
4,000
Condo
3,000
2,000
1,000
0 1-2005
1-2006
1-2007
1-2008
1-2009
1-2010
1-2011
1-2012
1-2013
Current as ofJanuary 30, 2014.All data from New Hampshire Assosiation of REALTORS®, Inc. and Northern New England Real Estate Network. Powered by 10K Research and Marketing. | Click for Cover Page | 10
NH Inventory of Homes for Sale The number of properties available for sale in active status at the end of a given month.
December
Single Family
Year-Over-Year Change
Condo
Year-Over-Year Change
Jan-2013
10,377
-12.6%
2,354
-16.7%
Feb-2013
10,528
-13.6%
2,423
-18.3%
Mar-2013
10,976
-13.8%
2,580
-16.0%
Apr-2013
12,152
-11.3%
2,668
-15.6%
May-2013
13,446
-8.0%
2,757
-15.1%
Jun-2013
13,897
-6.9%
2,771
-14.7%
Jul-2013
14,004
-6.5%
2,738
-14.8%
Aug-2013
13,912
-6.1%
2,702
-14.7%
Sep-2013
13,463
-5.8%
2,579
-15.0%
Oct-2013
12,481
-7.8%
2,433
-15.9%
Nov-2013
11,091
-10.9%
2,256
-15.8%
8,869
-14.8%
1,869
-20.2%
12,100
-9.5%
2,511
-16.0%
Homes for Sale
11,874 10,408 8,869
2,769
2,342
1,869
Dec-2013 2011
2012
2013
2011
2012
2013
- 0.4%
- 12.3%
- 14.8%
- 8.8%
- 15.4%
- 20.2%
Single Family
12-Month Avg
Condo
Historical NH Inventory of Homes for Sale by Month
Single Family
17,500
Condo
15,000 12,500 10,000 7,500 5,000 2,500 0 1-2005
1-2006
1-2007
1-2008
1-2009
1-2010
1-2011
1-2012
1-2013
Current as ofJanuary 30, 2014.All data from New Hampshire Assosiation of REALTORS®, Inc. and Northern New England Real Estate Network. Powered by 10K Research and Marketing. | Click for Cover Page | 11
NH Percent of List Price Received Percentage found when dividing a property’s sales price by its most recent list price, then taking the average for all properties sold in a given month, not accounting for seller concessions.
December
Year to Date
94.3% 95.3% 95.2%
95.4% 95.6% 96.5%
94.9% 95.4% 96.0%
2011
2012
2013
2011
2012
2013
2011
2012
- 0.2%
+ 1.1%
- 0.1%
+ 0.4%
+ 0.2%
+ 0.9%
- 0.3%
+ 0.5%
Single Family
Condo
Pct. of List Price Received
2013
+ 0.6%
Single Family
95.1% 95.6% 96.3%
2011
- 0.5%
2012
+ 0.5%
Condo
Historical NH Percent of List Price Received by Month
2013
+ 0.7%
Single Family
Year-Over-Year Change
Condo
Year-Over-Year Change
Jan-2013
95.0%
+0.1%
95.1%
+0.7%
Feb-2013
94.8%
+0.7%
95.8%
+1.1%
Mar-2013
95.4%
+1.1%
96.4%
+1.3%
Apr-2013
96.1%
+0.9%
95.6%
+1.0%
May-2013
96.3%
+0.7%
96.3%
+0.3%
Jun-2013
96.7%
+0.7%
96.4%
+0.3%
Jul-2013
96.7%
+0.5%
97.1%
+0.9%
Aug-2013
96.4%
+0.7%
96.4%
+0.3%
Sep-2013
95.9%
+0.8%
96.4%
+0.7%
Oct-2013
96.0%
+0.5%
97.1%
+1.1%
Nov-2013
95.7%
+0.3%
95.5%
-0.3%
Dec-2013
95.2%
-0.1%
96.5%
+0.9%
12-Month Avg*
96.0%
+0.6%
96.3%
+0.7%
* Pct. of List Price Received for all properties from January 2013 through December 2013. This is not the average of the individual figures above.
Single Family
100%
Condo
99% 98% 97% 96% 95% 94% 93% 1-2005
1-2006
1-2007
1-2008
1-2009
1-2010
1-2011
1-2012
1-2013
Current as ofJanuary 30, 2014.All data from New Hampshire Assosiation of REALTORS®, Inc. and Northern New England Real Estate Network. Powered by 10K Research and Marketing. | Click for Cover Page | 12
NH Housing Affordability Index This index measures housing affordability for the region. An index of 120 means the median household income is 120% of what is necessary to qualify for the median-priced home under prevailing interest rates. A higher number means greater affordability.
Year to Date
December 263 242
259 233
225
210
193
Single Family
Year-Over-Year Change
Condo
Year-Over-Year Change
Jan-2013
210
+8.2%
268
+10.3%
Feb-2013
199
-7.0%
259
-2.6%
Mar-2013
202
+0.5%
243
-8.0%
Apr-2013
197
-3.0%
249
-3.5%
May-2013
182
-5.7%
228
-6.2%
Jun-2013
160
-14.4%
213
-7.4%
Jul-2013
161
-14.8%
212
-16.2%
Aug-2013
163
-15.1%
207
-17.9%
Sep-2013
168
-17.6%
214
-15.7%
Oct-2013
169
-12.4%
221
-11.2%
Nov-2013
185
-5.6%
238
-11.2%
Dec-2013
175
-16.7%
225
-14.4%
12-Month Avg*
181
-11.6%
198
-11.3%
Affordability Index
204
187
175
173
2011
2012
2013
2011
2012
2013
2011
2012
2013
+ 15.6%
+ 8.8%
- 16.7%
+ 19.2%
+ 8.7%
- 14.4%
+ 12.0%
+ 9.1%
- 15.2%
Single Family
Condo
224
Single Family
2011
2012
+ 11.5% + 11.2%
Condo
Historical NH Housing Affordability Index by Month
2013
- 13.5%
* Affordability Index for all properties from January 2013 through December 2013. This is not the average of the individual figures above.
Single Family
275
Condo
250 225 200 175 150 125 100 1-2005
1-2006
1-2007
1-2008
1-2009
1-2010
1-2011
1-2012
1-2013
Current as ofJanuary 30, 2014.All data from New Hampshire Assosiation of REALTORS®, Inc. and Northern New England Real Estate Network. Powered by 10K Research and Marketing. | Click for Cover Page | 13
NH All Properties Activity Overview Key metrics by report month and for year-to-date (YTD) starting from the first of the year. Includes Single Family, Condos and Manufactured/Mobile Homes.
Key Metrics
Historical Sparkbars
Closed Sales 12-2010
12-2011
12-2012
12-2011
12-2012
12-2011
12-2012
12-2011
12-2012
12-2011
12-2012
12-2011
12-2012
12-2011
12-2012
12-2011
12-2012
12-2011
12-2012
12-2011
12-2012
+ 11.4%
$182,950
$198,900
+ 8.7%
$185,000
$199,900
+ 8.1%
$293.9
$314.9
+ 7.2%
$3,722.8
$4,333.3
+ 16.4%
121
107
- 11.6%
118
103
- 12.7%
1,181
1,227
+ 3.9%
16,951
18,705
+ 10.3%
9.5
7.3
- 23.2%
--
--
--
1,114
1,138
+ 2.2%
29,357
31,897
+ 8.7%
13,466
11,314
- 16.0%
--
--
--
95.1%
95.1%
0.0%
95.1%
95.7%
+ 0.6%
221
188
- 14.7%
219
188
- 14.3%
12-2013
Affordability Index 12-2010
18,740
12-2013
Pct. of List Price Received 12-2010
16,820
12-2013
Homes for Sale 12-2010
+ 6.0%
12-2013
New Listings 12-2010
1,387
12-2013
Months Supply 12-2010
1,308
Percent Change
12-2013
Pending Sales 12-2010
YTD 2012 YTD 2013
12-2013
Days on Market 12-2010
Percent Change
12-2013
$ Volume of Closed Sales (in millions) 12-2010
12-2013
12-2013
Median Sales Price 12-2010
12-2012
12-2013
Current as ofJanuary 30, 2014.All data from New Hampshire Assosiation of REALTORS®, Inc. and Northern New England Real Estate Network. Powered by 10K Research and Marketing. | Click for Cover Page | 14
NH Single Family Residential Activity by County Key metrics by report month for the counties in the state of New Hampshire.
Closed Sales
Median Sales Price
Sales Volume (In Millions)
Days on Market
12-2012
12-2013
+/–
12-2012
12-2013
+/–
12-2012
12-2013
+/–
+/–
12-2012
12-2013
+/–
Belknap
45
65
+ 44.4%
$182,000
$172,400
- 5.3%
$11.3
$13.4
+ 18.1%
120
107
- 10.8%
49
71
+ 44.9%
Belknap Year-to-Date
795
903
+ 13.6%
$175,000
$185,000
+ 5.7%
$203.4
$240.6
+ 18.3%
132
126
- 4.5%
805
918
+ 14.0%
Carroll
88
61
- 30.7%
$189,000
$186,000
- 1.6%
$31.4
$16.3
- 48.0%
149
175
+ 17.4%
76
63
- 17.1%
Carroll Year-to-Date
903
926
+ 2.5%
$180,000
$184,000
+ 2.2%
$275.8
$254.9
- 7.6%
147
142
- 3.4%
901
926
+ 2.8%
Cheshire
49
54
+ 10.2%
$150,000
$169,000
+ 12.7%
$7.7
$10.4
+ 33.9%
106
115
+ 8.5%
53
39
- 26.4%
Cheshire Year-to-Date
710
736
+ 3.7%
$153,250
$159,000
+ 3.8%
$128.1
$134.2
+ 4.8%
123
125
+ 1.6%
724
720
- 0.6%
Coos
30
21
- 30.0%
$84,950
$83,000
- 2.3%
$3.6
$2.8
- 21.9%
237
164
- 30.8%
23
20
- 13.0%
Coos Year-to-Date
367
357
- 2.7%
$83,500
$83,000
- 0.6%
$36.7
$39.2
+ 6.9%
184
177
- 3.8%
374
350
- 6.4%
Grafton
57
85
+ 49.1%
$190,000
$165,300
- 13.0%
$18.7
$18.0
- 3.8%
174
146
- 16.1%
47
74
+ 57.4%
Grafton Year-to-Date
821
946
+ 15.2%
$169,000
$179,000
+ 5.9%
$194.5
$220.5
+ 13.4%
140
132
- 5.7%
824
947
+ 14.9%
Hillsborough
279
282
+ 1.1%
$205,500
$222,500
+ 8.3%
$64.4
$66.6
+ 3.4%
95
85
- 10.5%
259
235
- 9.3%
3,342
3,608
+ 8.0%
$213,000
$230,000
+ 8.0%
$782.0
$916.9
+ 17.2%
92
75
- 18.5%
3,378
3,569
+ 5.7%
107
138
+ 29.0%
$176,500
$196,700
+ 11.4%
$25.1
$32.9
+ 31.2%
121
93
- 23.1%
99
111
+ 12.1%
1,349
1,575
+ 16.8%
$184,000
$197,000
+ 7.1%
$297.1
$349.1
+ 17.5%
120
99
- 17.5%
1,362
1,576
+ 15.7%
240
244
+ 1.7%
$245,000
$291,500
+ 19.0%
$67.0
$80.8
+ 20.6%
98
91
- 7.1%
204
240
+ 17.6%
3,078
3,460
+ 12.4%
$260,000
$275,000
+ 5.8%
$919.8
$1,113.5
+ 21.1%
103
86
- 16.5%
3,120
3,486
+ 11.7%
105
82
- 21.9%
$173,750
$208,875
+ 20.2%
$21.0
$18.1
- 14.1%
112
117
+ 4.5%
93
68
- 26.9%
1,141
1,237
+ 8.4%
$180,250
$199,900
+ 10.9%
$234.3
$272.0
+ 16.1%
106
91
- 14.2%
1,150
1,234
+ 7.3%
Sullivan
33
40
+ 21.2%
$161,000
$133,900
- 16.8%
$6.3
$7.2
+ 13.4%
178
123
- 30.9%
24
27
+ 12.5%
Sullivan Year-to-Date
417
512
+ 22.8%
$141,900
$141,750
- 0.1%
$94.4
$98.0
+ 3.8%
157
143
- 8.9%
419
514
+ 22.7%
Entire State
1,033
1,072
+ 3.8%
$195,000
$217,000
+ 11.3%
$256.7
$266.5
+ 3.8%
117
105
- 10.3%
927
948
+ 2.3%
Entire State Year-to-Date
12,923
14,260
+ 10.3%
$202,000
$220,000
+ 8.9%
$3,166.1
$3,638.9
+ 14.9%
114
100
- 12.3%
13,057
14,240
+ 9.1%
Hillsborough Year-to-Date Merrimack Merrimack Year-to-Date Rockingham Rockingham Year-to-Date Strafford Strafford Year-to-Date
12-2012 12-2013
Pending Sales
Current as ofJanuary 30, 2014.All data from New Hampshire Assosiation of REALTORS®, Inc. and Northern New England Real Estate Network. Powered by 10K Research and Marketing. | Click for Cover Page | 15
NH Condo Activity by County Key metrics by report month for the counties in the state of New Hampshire.
Closed Sales
Sales Volume
Median Sales Price
Days on Market
(In Millions)
Pending Sales
12-2012
12-2013
+/–
12-2012
12-2013
+/–
12-2012
12-2013
+/–
12-2012
12-2013
+/–
6
9
+ 50.0%
$189,500
$73,000
- 61.5%
$1.4
$1.5
+ 3.9%
223
160
- 28.3%
8
11
+ 37.5%
Belknap Year-to-Date
164
190
+ 15.9%
$138,625
$155,000
+ 11.8%
$27.9
$34.8
+ 24.7%
158
148
- 6.3%
167
192
+ 15.0%
Carroll
15
19
+ 26.7%
$109,000
$160,000
+ 46.8%
$1.9
$3.4
+ 77.0%
184
277
+ 50.5%
11
24
+ 118.2%
Carroll Year-to-Date
163
215
+ 31.9%
$135,000
$159,000
+ 17.8%
$24.5
$38.5
+ 57.1%
158
169
+ 7.0%
160
221
+ 38.1%
Cheshire
0
4
--
$0
$145,450
--
$0
$0.6
--
0
92
--
5
2
- 60.0%
Cheshire Year-to-Date
0
69
--
$0
$142,000
--
$0
$9.4
--
205
122
- 40.5%
58
64
+ 10.3%
Coos
3
7
+ 133.3%
$474,000
$257,876
- 45.6%
$1.6
$2.0
+ 27.9%
451
129
- 71.4%
3
7
+ 133.3%
Coos Year-to-Date
18
32
+ 77.8%
$322,500
$254,262
- 21.2%
$6.2
$8.8
+ 40.5%
233
169
- 27.5%
18
32
+ 77.8%
Grafton
28
22
- 21.4%
$164,000
$115,000
- 29.9%
$4.9
$3.1
- 37.4%
225
190
- 15.6%
22
20
- 9.1%
Grafton Year-to-Date
290
365
+ 25.9%
$158,900
$163,000
+ 2.6%
$49.5
$68.1
+ 37.6%
181
176
- 2.8%
292
363
+ 24.3%
Hillsborough
68
74
+ 8.8%
$145,000
$152,950
+ 5.5%
$10.5
$13.1
+ 24.9%
108
87
- 19.4%
62
64
+ 3.2%
Hillsborough Year-to-Date
991
1,156
+ 16.6%
$142,000
$154,500
+ 8.8%
$158.0
$199.6
+ 26.4%
95
83
- 12.6%
992
1,152
+ 16.1%
Merrimack
22
19
- 13.6%
$122,500
$182,500
+ 49.0%
$2.8
$3.5
+ 27.5%
138
129
- 6.5%
19
22
+ 15.8%
Merrimack Year-to-Date
229
218
- 4.8%
$125,000
$141,700
+ 13.4%
$31.9
$34.1
+ 7.0%
118
119
+ 0.8%
230
217
- 5.7%
Rockingham
57
81
+ 42.1%
$169,000
$178,500
+ 5.6%
$9.7
$15.6
+ 60.9%
110
77
- 30.0%
56
65
+ 16.1%
Rockingham Year-to-Date
930
1,086
+ 16.8%
$176,000
$189,000
+ 7.4%
$188.5
$229.0
+ 21.5%
119
100
- 16.0%
921
1,073
+ 16.5%
Strafford
11
5
- 54.5%
$82,501
$200,000
+ 142.4%
$0.9
$1.2
+ 35.9%
111
60
- 45.9%
10
8
- 20.0%
Strafford Year-to-Date
134
175
+ 30.6%
$120,000
$122,000
+ 1.7%
$17.8
$24.4
+ 37.0%
122
84
- 31.1%
135
176
+ 30.4%
Sullivan
33
3
- 90.9%
$175,000
$154,000
- 12.0%
$6.8
$0.5
- 92.7%
180
156
- 13.3%
30
3
- 90.0%
Sullivan Year-to-Date
33
24
- 27.3%
$175,000
$149,500
- 14.6%
$6.8
$4.4
- 35.7%
180
215
+ 19.4%
30
24
- 20.0%
Entire State
213
243
+ 14.1%
$147,000
$160,000
+ 8.8%
$34.3
$44.5
+ 29.8%
140
114
- 18.6%
198
226
+ 14.1%
3,006
3,530
+ 17.4%
$149,980
$161,000
+ 7.3%
$518.4
$651.1
+ 25.6%
124
111
- 10.5%
3,003
3,514
+ 17.0%
Belknap
Entire State Year-to-Date
12-2012 12-2013
+/–
Current as ofJanuary 30, 2014.All data from New Hampshire Assosiation of REALTORS®, Inc. and Northern New England Real Estate Network. Powered by 10K Research and Marketing. | Click for Cover Page | 16
