February 2025 New Hampshire Housing Report

NEW HAMPSHIRE

Home Sales Up, Average Price Up

Home sales are up 2.5% year over year, with February 2025 at 893 compared to 871 last February. Sales are down for Multi-family homes and condos, but up for single-family homes.

  • Single families: 583 (2024) | 619 (2025) 
  • Condominiums: 230 (2024) | 224 (2025) 
  • Multi-families: 58 (2024) | 50 (2025)

Average sale price increased by 5.9% when compared to last February, now at $554,999. Prices increased across all categories.

  • Single families: $550,529 (2024) | $579,068 (2025)
  • Condominiums: $453,150 (2024) | $463,862 (2025)
  • Multi-families: $540,994 (2024) | $665,312 (2025)

Homes Listed For Sale:

The number of homes listed is down by 9.8% when compared to February 2024.

  • 2025: 1,092
  • 2024: 1,210
  • 2023: 976

Pending Home Sales:

The number of homes placed under contract is down by 7.8% when compared to February 2024.

  • 2025: 1,071
  • 2024: 1,161
  • 2023: 1,026

Data provided by PrimeMLS then compared to the prior year. 

What’s Happening in the Market?

  • In February 2025, national home sales decreased 1.2% compared to a year ago, Despite this trend, New Hampshire saw an increase of 2.5% in Home sales.
  • According to Mortgage News Daily, March mortgage rates started in the high 6% range, around 6.7% to 6.8%, and have held steady throughout the month.
  • With listings and pending sales down year over year, likely impacted by the challenging winter or the leap year in 2024, many sellers and buyers are choosing to wait until spring. Sellers, consider these top reasons to list your property this spring.
  • Even though the average sales price for homes is higher than last year, pricing your home competitively is key to attracting buyers and securing stronger offers. Here’s a guide on what to keep in mind when pricing your home.
  • Spring is almost here, bringing with it an influx of new homes hitting the market. To ensure you’re ready to act quickly, here are 8 steps to take before purchasing your first home, making sure you are fully prepared to make a smart investment.