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NEW HAMPSHIRE LUXURY

MARKET REPORT YEAR END 2019


MLS#4753418

LUXURY MARKET OVERVIEW YEAR END 2019

LUXURY IS AN EXPERIENCE MLS#4754807

We are pleased to share our Year End 2019 Luxury Market Report for the New Hampshire real estate market. In this report you will find market trends for the Luxury Market defined as homes sold $600K+ as well as homes sold over $1MM in order to provide you with the most updated information so that you can make the most informed decisions as you evaluate your real estate options. Four Seasons Sotheby’s International Realty has 17 offices throughout Vermont and New Hampshire and is the leader in the Luxury Market with +4% more properties sold at $600K+ and +12% more properties sold at $1MM+ than our next closest competitor in New Hampshire. We are committed to providing you with the highest level of service and expertise to both Buyers and Sellers. It would be our privilege to serve you for all of your real estate needs throughout New Hampshire.

Staige Davis - CEO

*Source: Trendgraphix Data - Q1-Q4 2019 - All NH Counties Combined


MLS#4757628

THE LUXURY MARKET NEW HAMPSHIRE The Luxury Market - defined as $600K+ and $1MM+ residential properties - was very strong in New Hampshire during 2019. New Hampshire exhibited a strong luxury market with the number of properties sold $600K+ reflecting a +10% increase with the average sale pricing also increasing +4%. For $1MM+ properties, the number of properties sold increased +18% and the average selling price increased +6%. Pricing appropriately in this type of marketplace is critical and many sellers have had to adjust their pricing expectations from buyers in order to be competitive. The economy remains strong and we expect that to continue into 2020 leading up to the election. Although mortgage rates increased last year, they are still at relatively low levels. The lack of Inventory remains an issue and has resulted in driving prices up. Overall, we expect the market in 2020 to continue the trends from 2019 and continue to grow. Now is a great time to sell your home to maximize your investment. It would be our privilege to serve all of your real estate needs in 2020. *Source: Trendgraphix Data - Q1-Q4 2018-2019 All NH Counties Combined


LUXURY REPORT $600K+ NEW HAMPSHIRE

YEAR END 2018

YEAR END 2019

% CHANGE

1,322

1,447

10%

$899,996

$935,150

4%

99

91

8%

NUMBER OF PROPERTIES SOLD AVERAGE SALE PRICE AVERAGE DAYS ON MARKET

Source: NNEREN 1/1/18 - 12/31/18 and 1/1/19 - 12/31/19 — All NH Counties Combined

NUMBER OF HOMES FOR SALE VS. SOLD VS. PENDED (JAN. 2019 - DEC. 2019)

For Sale

1200

Sold Pended

1076

1051

1064

1062 976

956

960

806

793

720

716 668

654

623

480

240

87

0

149

124

166

167

132

158

151

140

79 69

1/19

43

2/19

74

3/19

103

4/19

149

5/19

184

6/19

135

7/19

159

8/19

145

9/19

Source: Trendgraphix utilizing NNEREN data 1/1/2019 - 12/31/2019 — All NH Counties Combined

148

10/19

104 123

11/19

71

113

12/19


LUXURY REPORT $600K+ NEW HAMPSHIRE

TOTAL SALES IN $

TOTAL SALES IN UNITS

(JAN. 2019 - DEC. 2019)

(JAN. 2019 - DEC. 2019)

107.3M

137

229 194.4M

155

184.8M

220

215

218.4M

FSSIR

COMPETITOR 1

COMPETITOR 2

COMPETITOR 3

*Source: Trendgraphix Data - 1/1/19 - 12/31/19 — All NH Counties Combined

MLS#4745211

MLS#4785851

214.5M

COMPETITOR 4


LUXURY REPORT $1MM+ NEW HAMPSHIRE

YEAR END 2018

YEAR END 2019

% CHANGE

268

317

18%

$1,587,014

$1,675,253

6%

128

110

14%

NUMBER OF PROPERTIES SOLD AVERAGE SALE PRICE AVERAGE DAYS ON MARKET

Source: NNEREN 1/1/18 - 12/31/18 and 1/1/19 - 12/31/19 — All NH Counties Combined

NUMBER OF HOMES FOR SALE VS. SOLD VS. PENDED (JAN. 2019 - DEC. 2019)

For Sale

400

Sold Pended 345 329

326

320

313

298

285

255

240

238

227 211

200

200

160

80

0

18 13

1/19

20

10 10

2/19

22

34 10 10

3/19

38

34 27

4/19

27

5/19

36

6/19

42

41

32 31

7/19

36

8/19

32 33

9/19

Source: Trendgraphix utilizing NNEREN data 1/1/2019 - 12/31/2019 — All NH Counties Combined

38

10/19

22

29

15 26

11/19

12/19


LUXURY REPORT $1MM+ NEW HAMPSHIRE

TOTAL SALES IN $

TOTAL SALES IN UNITS

(JAN. 2019 - DEC. 2019)

(JAN. 2019 - DEC. 2019)

58.5M

36

73

50

95.8M

62

109.2M

93.2M

65

FSSIR

134.7M

COMPETITOR 1

COMPETITOR 2

COMPETITOR 3

COMPETITOR 4

*Source: Trendgraphix Data - 1/1/19 - 12/31/19 — All NH Counties Combined

MLS#4749754

MLS#4741955


SOUTHERN VERMONT

CHAMPLAIN VALLEY

LAKE WINNIPESAUKEE REGION

Mount Snow: 802.464.1200 Stratton: 802.297.1100 Manchester: 802.362.4551 Okemo: 802.228.4537 Bromley: 802.824.3113

Middlebury: 802.388.1000 South Burlington: 802.864.0541

Meredith: 603.677.7012

St. Johnsbury: 802.751.7582

Fairlee: 802.333.4701 Hanover: 6 03.643.6070

CENTRAL VERMONT

LAKE SUNAPEE REGION

SOUTHERN NEW HAMPSHIRE

New London: 603.526.4050

Bedford: 603.413.7600

Rutland: 802.774.7007 Stowe: 802.253.7267 Randolph: 802.565.8136

NORTHEAST KINGDOM

UPPER VALLEY

MONADNOCK REGION Peterborough 603.924.3321

FourSeasonsSIR.com Each Office is Independently Owned and Operated

Profile for Four Seasons Sotheby's International Realty

2019 Year End Luxury Market Report - New Hampshire  

We are pleased to share our Year End 2019 Luxury Market Report for the New Hampshire real estate market. In this report you will find market...

2019 Year End Luxury Market Report - New Hampshire  

We are pleased to share our Year End 2019 Luxury Market Report for the New Hampshire real estate market. In this report you will find market...