Monadnock Region NH Market Report - First Half 2023

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Market Report Monadnock Region

First Half 2023

Market Overview At A Glance

MONADNOCK REGION

The Monadnock Region housing market began to normalize in the First Half of 2023 after nearly two red-hot years.

Limited inventory remained a major driving factor, and the total number of units sold was down by 24% across key select towns in the Region. The average sales price decreased by just over half a percent, and the average days on market increased just over 1%.

There is a breakdown for key Towns in this report for more details at a local market level.

Moving into the Second Half of 2023, we anticipate that buyer demand will continue to be strong, driven by limited inventory and that pricing will continue to hold steady. Pricing appropriately for Sellers will become of the utmost importance in order to sell in a timely manner.

Now more than ever, you need an experienced real estate professional to guide you through this ever-changing market.

Monadnock Region Overview

All Properties | All Price Points

Source: Prime MLS Data - (1/1/2023 - 6/30/2023) vs. Previous Year To Date (1/1/2022 - 6/30/2022)All Property Types - All Price Points - Antrim, Bennington, Francestown, Greenville, Hancock, Lyndeborough, Peterborough, Temple, Dublin, Fitzwilliam, Harrisville, Jaffrey, Nelson, Rindge, Stoddard, Swanzey, Walpole. Monadnock Region 2023 2022 +/ - % TOTAL SALES IN UNITS: 552 727 - 24.1% TOTAL SALES DOLLARS: $214,392,000 $ 280,436,000 - 23.6% AVERAGE SALE PRICE: $388,111 $385,890 + 0.6% AVERAGE DAYS ON MARKET: 35 34 + 1.2% SOLD PRICE VS. LIST PRICE: 99.4% 102.3% - 2.9%

Monadnock Region by Town

All Properties | All Price Points

ANTRIM 2023 2022 +/- % TOTAL SALES IN UNITS: 21 25 - 16.0% AVERAGE SALE PRICE: $323,100 $330,500 - 2.2% AVERAGE DAYS ON MARKET: 77 56 + 37.5% SOLD PRICE VS. LIST PRICE: 99.7% 100.4% - 0.7% BENNINGTON 2023 2022 +/- % TOTAL SALES IN UNITS: 12 13 - 7.7% AVERAGE SALE PRICE: $284,400 $225,700 + 26.0% AVERAGE DAYS ON MARKET: 27 78 - 64.5% SOLD PRICE VS. LIST PRICE: 95.2% 98.8% - 3.6% DUBLIN 2023 2022 +/- % TOTAL SALES IN UNITS: 7 6 + 16.7% AVERAGE SALE PRICE: $659,800 $700,400 - 5.8% AVERAGE DAYS ON MARKET: 24 35 - 31.4% SOLD PRICE VS. LIST PRICE: 99.5% 116.3% - 14.4% FITZWILLIAM 2023 2022 +/- % TOTAL SALES IN UNITS: 19 33 - 42.4% AVERAGE SALE PRICE: $246,000 $356,000 - 30.9% AVERAGE DAYS ON MARKET: 34 44 - 22.7% SOLD PRICE VS. LIST PRICE: 100.4% 102.1% - 1.7% FRANCESTOWN 2023 2022 +/- % TOTAL SALES IN UNITS: 10 11 - 9.1% AVERAGE SALE PRICE: $433,000 $461,700 - 6.2% AVERAGE DAYS ON MARKET: 15 35 - 57.1% SOLD PRICE VS. LIST PRICE: 100.8% 101.3% - 0.5%
HANCOCK 2023 2022 +/- % TOTAL SALES IN UNITS: 10 16 - 37.5% AVERAGE SALE PRICE: $480,500 $530,900 - 9.5% AVERAGE DAYS ON MARKET: 23 78 - 70.5% SOLD PRICE VS. LIST PRICE: 98.6% 100.3% - 1.6% GREENVILLE 2023 2022 +/- % TOTAL SALES IN UNITS: 11 12 - 8.3% AVERAGE SALE PRICE: $223,100 $274,500 - 18.7% AVERAGE DAYS ON MARKET: 16 25 - 36.0% SOLD PRICE VS. LIST PRICE: 102.2% 104.7% - 2.4% HARRISVILLE 2023 2022 +/- % TOTAL SALES IN UNITS: 4 3 + 33.3% AVERAGE SALE PRICE: $425,300 $873,300 - 51.3% AVERAGE DAYS ON MARKET: 8 27 - 70.4% SOLD PRICE VS. LIST PRICE: 94.9% 92.3% + 2.8% JAFFREY 2023 2022 +/- % TOTAL SALES IN UNITS: 29 44 - 34.1% AVERAGE SALE PRICE: $402,100 $315,100 + 27.6% AVERAGE DAYS ON MARKET: 28 35 - 20.0% SOLD PRICE VS. LIST PRICE: 104.5% 102.3% + 2.1% LYNDEBOROUGH 2023 2022 +/- % TOTAL SALES IN UNITS: 9 8 + 12.5% AVERAGE SALE PRICE: $437,400 $673,300 - 35.0% AVERAGE DAYS ON MARKET: 56 37 + 51.4% SOLD PRICE VS. LIST PRICE: 96.9% 93.8% + 3.3% NELSON 2023 2022 +/- % TOTAL SALES IN UNITS: 2 0 n/a % AVERAGE SALE PRICE: $371,000 $0 n/a % AVERAGE DAYS ON MARKET: 69 0 n/a % SOLD PRICE VS. LIST PRICE: 101.9% 0% n/a %
RINDGE 2023 2022 +/- % TOTAL SALES IN UNITS: 31 42 - 26.2% AVERAGE SALE PRICE: $507,600 $398,200 + 27.5% AVERAGE DAYS ON MARKET: 52 23 + 126.1% SOLD PRICE VS. LIST PRICE: 98.5% 102.4% - 3.8% PETERBOROUGH 2023 2022 +/- % TOTAL SALES IN UNITS: 39 59 - 33.9% AVERAGE SALE PRICE: $430,200 $457,800 - 6.0% AVERAGE DAYS ON MARKET: 28 23 + 21.7% SOLD PRICE VS. LIST PRICE: 100.6% 104.9% - 4.1% STODDARD 2023 2022 +/- % TOTAL SALES IN UNITS: 13 14 - 7.1% AVERAGE SALE PRICE: $205,100 $348,700 - 41.2% AVERAGE DAYS ON MARKET: 32 106 - 69.8% SOLD PRICE VS. LIST PRICE: 104.0% 99.2% + 4.8% SWANZEY 2023 2022 +/- % TOTAL SALES IN UNITS: 29 41 - 29.3% AVERAGE SALE PRICE: $298,900 $273,600 + 9.2% AVERAGE DAYS ON MARKET: 19 22 - 13.6% SOLD PRICE VS. LIST PRICE: 101.8% 103.9% - 2.0% TEMPLE 2023 2022 +/- % TOTAL SALES IN UNITS: 6 11 - 45.5% AVERAGE SALE PRICE: $623,100 $320,700 + 94.3% AVERAGE DAYS ON MARKET: 29 64 - 54.7% SOLD PRICE VS. LIST PRICE: 100.6% 106.1% - 5.2% WALPOLE 2023 2022 +/- % TOTAL SALES IN UNITS: 25 26 - 3.8% AVERAGE SALE PRICE: $426,700 $427,300 - 0.1 % AVERAGE DAYS ON MARKET: 116 33 + 251.5% SOLD PRICE VS. LIST PRICE: 91.92% 101.27% - 9.2 %

New York

Champlain Valley

Hudson Valley

South Burlington: 802.864.0541

Kingston: 845.331.3100

Rhinebeck: 845.876.5100

Central Vermont

Tivoli: 845.757.5000

Rutland: 802.774.7007

Catskill: 518.943.7533

Killington: 802.746.4203

Hudson: 518.822.0800

Stowe: 802.253.7267

Upstate New York

Northeast Kingdom

Saratoga Springs: 518.580.8500

St. Johnsbury: 802.751.7582

Bolton Landing: 518.644.9500

Lake Placid: 518.523.2550

Southern Vermont

Central New York

Mount Snow: 802.464.1200

Stratton: 802.297.1100

Syracuse: 315.685.8100

Manchester: 802.362.4551

Thousand Islands Region: 315.685.8100

Okemo: 802.228.4537

Finger Lakes Region: 315.685.8100

Upper Valley

Western New York

Fairlee: 802.333.4701

Buffalo: 716.320.1414

Rochester: 585.394.7111

New Hampshire

Lake Sunapee Region

New London: 603.526.4050

Lakes Region of New Hampshire

Meredith: 603.677.7012

Southern New Hampshire

Bedford: 603.413.7600

Peterborough: 603.924.3321

Upper Valley

Hanover: 603.643.6070

Vermont

New York

Hudson Valley

Kingston: 845.331.3100

Champlain Valley South Burlington: 802.864.0541

Rhinebeck: 845.876.5100

Central Vermont

Tivoli: 845.757.5000

Rutland: 802.774.7007

Catskill: 518.943.7533

Killington: 802.746.4203

Hudson: 518.822.0800

Stowe: 802.253.7267

Upstate New York

Northeast Kingdom St. Johnsbury: 802.751.7582

Saratoga Springs: 518.580.8500

Bolton Landing: 518.644.9500

Lake Placid: 518.523.2550

Southern Vermont

Central New York

Mount Snow: 802.464.1200

Stratton: 802.297.1100

Syracuse: 315.685.8100

Thousand Islands Region: 315.685.8100

Manchester: 802.362.4551

Finger Lakes Region: 315.685.8100

Okemo: 802.228.4537

Upper Valley Fairlee: 802.333.4701

Western New York

Buffalo: 716.320.1414

Rochester: 585.394.7111

FourSeasonsSIR.com

Each Office is Independently Owned and Operated FourSeasonsSIR.com

Lakes Meredith: Southern Bedford: Peterborough: Lake New New Hanover:
FourSeasonsSIR.com
Vermont Hampshire

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