Posts from June 6th, 2024
June
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Late Spring May/June 2024 Market Watch by Andy Smith, CCIM
At a recent Business After Hours event held in our Plymouth office, I reflected on how wonderful it was to gather again. We were delighted to see a record crowd coming together for some comradery and great conversations between new and old friends. As is often the case, many of the conversations I had turned to real estate, and I observed there were a few topics which seemed to be on the minds of most.
INVENTORY- I reported in the last issue that unit sales in NH were down 19.1% in 2023 compared to 2022. Although it may not seem like much, we are seeing more homes on the market year over year. In March of 2021, there was only .80 month's supply of homes listed on the MLS. That increased slightly t...