If you are thinking about buying or selling in New Hampshire this season, the time of year you begin the process can make a real difference for your property sale's success rate, as well as the asking price, leverage, and ultimately your closing price.
Each season has its own playbook in New Hampshire real estate.
Here is your summer guide to real estate inventory in New Hampshire.
As summer is a peak real estate season, you'll find the amount of inventory increases greatly, and with that sometimes comes fast sales due to higher motivation to buy.
Many people will choose to move before the end of summer so they can make that step while school is still out for the hotter months. Sellers and buyers also want their lawns to be at their greenest when moving locations.
By fall and winter, you can expect a dip again in home sales activity, more days on the market, and much fewer listings overall.
With so much activity in the market, it makes things move a lot faster.
You'll also find that homes often reach their peak value this time of year, especially when it comes to the ones that have a strong appeal to the outdoorsy types.
Whether the property is near parks, lakes, mountains, or green spaces in general, you'll see healthy competition and high-value homes.
Of course, most everyone wants to take advantage of the summer weather when choosing their new home.
Still, there is strong competition in the summer despite the higher inventory and, with that, some higher price points.
You will see higher prices this summer season and inventory below the five to six months required for a balanced market.
As well, home and property inventory increases with a fresher listing shuffle, but so too does the number of buyers.
If this is the summer to take the plunge and list your home or property, get the valuable knowledge and expertise from local agents who can be a support and guide to walk you through the nuances of selling or buying in New Hampshire this season.
Courtney Edgar is a lifestyle journalist and copywriter based in Montreal. Her work has been published in HuffPost, Popsugar, Atlas Obscura, Explore Mag, and more.