Lamacchia Realty

JUNE 20, 2023

Single families: $535,219 (2022) | $595,464 (2023) Condominiums: $285,671 (2022) | $309,862 (2023) Homes Listed For Sale: T he number of homes listed is down by 26.2% Instant Home Evaluation See immediately how this market is impacting your home value.

Real Estate 55

Real Estate Sellers Realty Home Value 55

Lamacchia Realty

MAY 22, 2023

Single families: $697,882 (2022) | $704,187 (2023) Condominiums: $653,088 (2022) | $651,446 (2023) Multi-families: $624,543 (2022) | $608,239 (2023) Homes Listed For Sale: T he number of homes listed is down by 29.1% 2023: 6,178 2022: 8,170 2021: 9,335 Price Reductions: The number of price reductions is down 41.5%

Sellers 58

Sellers Real Estate Realty Home Value 58

Lamacchia Realty

JUNE 20, 2023

Single families: $531,565 (2022) | $552,226 (2023) Condominiums: $390,152 (2022) | $469,511 (2023) Multi-families: $454,059 (2022) | $492,424 (2023) Homes Listed For Sale: T he number of homes listed is down by 19.4% Instant Home Evaluation See immediately how this market is impacting your home value.

Real Estate 49

Real Estate Sellers Realty Home Value 49

Eppraisal

OCTOBER 19, 2021

This is due to low interest rates, historically low inventory and more than usual buyers flocking to the market, thus, homes have been selling in record time. As a result, home values have been increasing. Buyers are offering sellers prices considerably above list price in many cases.

Appraisal 66

Appraisal Contracts Sellers Home Value 66

Lamacchia Realty

MAY 22, 2023

Single families: $548,071 (2022) | $569,645 (2023) Condominiums: $272,380 (2022) | $312,982 (2023) Homes Listed For Sale: T he number of homes listed is down by 31.6% Instant Home Evaluation See immediately how this market is impacting your home value. when compared to April 2022.

Real Estate 50

Real Estate Sellers Realty Home Value 50

Lamacchia Realty

MAY 22, 2023

2023: 1,614 2022: 1,951 2021: 2,236 NH Real Estate Updates As we navigate this unprecedented time and the impact it’s having on buying, selling, renting, and homeownership, being informed is one of the first steps in knowing what to do next. Instant Home Evaluation See immediately how this market is impacting your home value.

Real Estate 51

Real Estate Sellers Realty Home Value 51

Lamacchia Realty

FEBRUARY 27, 2024

Single families: $484,935 (2023) | $554,204 (2024) Condominiums: $318,153 (2023) | $314,791 (2024) Homes Listed For Sale: T he number of homes listed is down by 3.9% What does this mean for Sellers ? Many sellers are hesitating to list their homes which is contributing to the low inventory levels.

Sellers 58

Sellers Real Estate Buyers Inventory 58

Lamacchia Realty

FEBRUARY 27, 2024

Single families: $632,613 (2023) | $702,284 (2024) Condominiums: $633,473 (2023) | $679,516 (2024) Multi-families: $592,514 (2023) | $637,010 (2024) Homes Listed For Sale: T he number of homes listed is up by 8.6% 2024: 4,702 2023: 4,330 2022: 4,636 Pending Home Sales: The number of homes placed under contract is down by 0.4%

Sellers 62

Sellers Real Estate Buyers Inventory 62

Lamacchia Realty

OCTOBER 19, 2023

Single families: $528,879 (2022) | $565,163 (2023) Condominiums: $303,917 (2022) | $316,041 (2023) Homes Listed For Sale: T he number of homes listed is down by 9.8% What does this mean for Sellers ? It is important to remember that most sellers are also buyers , so they have similar concerns about the current market.

Sellers 60

Sellers Real Estate Buyers Realty 60

Lamacchia Realty

DECEMBER 19, 2023

Single families: $517,863 (2022) | $553,935 (2023) Condominiums: $286,664 (2022) | $325,453 (2023) Homes Listed For Sale: T he number of homes listed is up by 5.7% 2023: 2,765 2022: 2,617 2021: 3,476 Pending Home Sales: The number of homes placed under contract is down by 5.2%

Real Estate 57

Real Estate Sellers Home Value Buyers 57

Lamacchia Realty

NOVEMBER 27, 2023

Single families: $653,286 (2022) | $702,935 (2023) Condominiums: $597,287 (2022) | $623,028 (2023) Multi-families: $605,432 (2022) | $671,070 (2023) Homes Listed For Sale: T he number of homes listed is up slightly by 0.02% when compared to October 2022. However, inventory levels are increasing, recently surpassing 2021 levels.

Sellers 65

Sellers Real Estate Buyers Inventory 65

Lamacchia Realty

OCTOBER 19, 2023

2023: 5,566 2022: 6,542 2021: 8,936 Price Reductions: The number of price reductions is down 35.3% 2023: 5,566 2022: 6,542 2021: 8,936 Price Reductions: The number of price reductions is down 35.3% 2023: 561 2022: 867 2021: 903 Data provided by Warren Group & MLSPIN then compared to the prior year.

Sellers 60

Sellers Real Estate Buyers Realty 60

Lamacchia Realty

AUGUST 25, 2023

There are still many would-be sellers who are hesitant to list their homes given current mortgage rates as many have low 2-3% mortgage rates from when they bought during the pandemic. For sellers who cannot wait to list their homes due to changes in life circumstances (e.g., career change, growing families, divorce , etc.),

Sellers 58

Sellers Real Estate Inventory Buyers 58

Lamacchia Realty

FEBRUARY 27, 2024

Single families: $381,123 (2023) | $475,011 (2024) Condominiums: $470,541 (2023) | $474,813 (2024) Multi-families: $367,522 (2023) | $467,338 (2024) Homes Listed For Sale: T he number of homes listed is up by 13.7% 2024: 1,096 2023: 964 2022: 1,080 Pending Home Sales: The number of homes placed under contract is down by 13.3%

Sellers 56

Sellers Real Estate Buyers Inventory 56

Lamacchia Realty

NOVEMBER 27, 2023

Single families: $546,629 (2022) | $576,610 (2023) Condominiums: $412,457 (2022) | $433,378 (2023) Multi-families: $447,422 (2022) | $507,235 (2023) Homes Listed For Sale: T he number of homes listed is up by 6.7% 2023: 1,858 2022: 1,741 2021: 1,920 Pending Home Sales: The number of homes placed under contract is down by 0.8%

Sellers 58

Sellers Real Estate Buyers Inventory 58

Lamacchia Realty

AUGUST 25, 2023

There are still many would-be sellers who are hesitant to list their homes given current mortgage rates as many have low 2-3% mortgage rates from when they bought during the pandemic. For sellers who cannot wait to list their homes due to changes in life circumstances (e.g., career change, growing families, divorce , etc.),

Sellers 57

Sellers Real Estate Inventory Buyers 57

Lamacchia Realty

OCTOBER 19, 2023

Single families: $534,807 (2022) | $579,901 (2023) Condominiums: $390,549 (2022) | $453,285 (2023) Multi-families: $503,267 (2022) | $486,230 (2023) Homes Listed For Sale: T he number of homes listed is down by 0.5% What does this mean for Sellers ? when compared to September 2022.

Sellers 54

Sellers Real Estate Buyers Realty 54

Lamacchia Realty

DECEMBER 19, 2023

Single families: $663,821 (2022) | $697,656 (2023) Condominiums: $594,726 (2022) | $608,752 (2023) Multi-families: $621,874 (2022) | $658,276 (2023) Homes Listed For Sale: T he number of homes listed is down slightly by 0.69% when compared to November 2022. What does this mean for Sellers ?

Real Estate 63

Real Estate Sellers Buyers Realtors 63

Lamacchia Realty

FEBRUARY 23, 2024

Single families: $ 525,467 (2023) | $530,608 (2024) Condominiums: $409,028 (2023) | $500,879 (2024) Multi-families: $431,353 (2023) | $489,323 (2024) Homes Listed For Sale: T he number of homes listed is up by 17.9% 2024: 1,140 2023: 967 2022: 1,095 Pending Home Sales: The number of homes placed under contract is up by 6.1%

Sellers 55

Sellers Real Estate Buyers Inventory 55

Lamacchia Realty

JULY 25, 2023

Furthermore, the number of homes listed in the first half of the year is the lowest in recorded history, click here to learn more. This can generally be attributed to sellers hesitating to put their homes on the market as they do not want to lose their low 2-3% mortgage rates from the pandemic.

Sellers 53

Sellers Real Estate Buyers Realty 53

Lamacchia Realty

FEBRUARY 27, 2024

Single families: $517,326 (2023) | $609,905 (2024) Condominiums: $420,479 (2023) | $375,106 (2024) Multi-families: $435,569 (2023) | $535,776 (2024) Homes Listed For Sale: T he number of homes listed is up by 3.8% What does this mean for Sellers ? However, NOW is the best time to list your home !

Sellers 52

Sellers Real Estate Buyers Inventory 52

Lamacchia Realty

JULY 25, 2023

The low number of listings can mainly be attributed to sellers hesitating to put their homes on the market as they do not want to lose their low 2-3% mortgage rates from the pandemic. Inevitably, most sellers will have to list their home to accommodate family needs, career, etc. when compared to June 2022.

Sellers 52

Sellers Real Estate Buyers Realty 52

Lamacchia Realty

NOVEMBER 27, 2023

Single families: $506,346 (2022) | $560,286 (2023) Condominiums: $290,303 (2022) | $352,789 (2023) Homes Listed For Sale: T he number of homes listed is down by 1.4% What does this mean for Sellers ? However, homes DO sell during the holidays ! when compared to October 2022. sometimes change is inevitable!

Sellers 58

Sellers Real Estate Buyers Inventory 58

Lamacchia Realty

JANUARY 24, 2024

Single families: $495,033 (2022) | $552,578 (2023) Condominiums: $296,066 (2022) | $319,672 (2023) Homes Listed For Sale: T he number of homes listed is down by 1.2% 2023: 1,661 2022: 1,681 2021: 2,315 Pending Home Sales: The number of homes placed under contract is down by 2.1%

Sellers 36

Sellers Real Estate Buyers Realty 36

Lamacchia Realty

JULY 25, 2023

Fewer listings can mainly be attributed to sellers hesitating to put their homes on the market as they do not want to lose their low 2-3% mortgage rates from the pandemic. Inevitably, most sellers will have to list their home to accommodate family needs, career, etc. when compared to June 2022.

Sellers 50

Sellers Real Estate Buyers Realty 50

Lamacchia Realty

AUGUST 25, 2023

There are still many would-be sellers who are hesitant to list their homes given current mortgage rates as many have low 2-3% mortgage rates from when they bought during the pandemic. For sellers who cannot wait to list their homes due to changes in life circumstances (e.g., career change, growing families, divorce , etc.),

Sellers 50

Sellers Real Estate Inventory Buyers 50

Lamacchia Realty

JANUARY 24, 2024

Single families: $649,342 (2022) | $675,591 (2023) Condominiums: $587,796 (2022) | $617,609 (2023) Multi-families: $639,045 (2022) | $611,709 (2023) Homes Listed For Sale: T he number of homes listed is down by 6.5% 2023: 2,367 2022: 2,531 2021: 3,462 Pending Home Sales: The number of homes placed under contract is down by 3.3%

Sellers 36

Sellers Real Estate Buyers Realty 36

Lamacchia Realty

FEBRUARY 22, 2023

As a result, sales have been down, but should start to pick back up as we head towards late spring/summer as both buyers and sellers adjust their budgets and/or expectations. Additionally, listings and pendings are down from January 2022 as many ‘ would-be sellers ’ are choosing to stay in their current home with a low mortgage rate (e.g.,

Real Estate 70

Real Estate Sellers Contracts Buyers 70

Lamacchia Realty

MARCH 28, 2023

Also, we are starting to see more sellers list their homes (i.e., Sellers – get your home on the market ! Many sellers are hesitating to list their home because they currently have a low, pandemic era mortgage rate. Sellers, pricing your home right is crucial in this market.

Sellers 69

Sellers Inventory Buyers Real Estate 69

Lamacchia Realty

DECEMBER 19, 2023

Single families: $549,922 (2022) | $559,251 (2023) Condominiums: $414,921 (2022) | $533,433 (2023) Multi-families: $501,629 (2022) | $469,320 (2023) Homes Listed For Sale: T he number of homes listed is up by 7.3% 2023: 1,321 2022: 1,231 2021: 1,530 Pending Home Sales: The number of homes placed under contract is up by 0.7%

Real Estate 56

Real Estate Sellers Buyers Realtors 56

Lamacchia Realty

FEBRUARY 27, 2024

Single families: $948,706 (2023) | $1,058,316 (2024) Condos & Townhomes: $504,195 (2023) | $533,283 (2024) Homes Listed For Sale: T he number of homes listed is up by 24% when compared to January 2023. 2024: 12,307 2023: 9,929 2022: 10,583 Pending Home Sales: The number of homes placed under contract is down by 9.1%

Inventory 52

Inventory Sellers Real Estate Buyers 52

Lamacchia Realty

JANUARY 24, 2024

Single families: $527,757 (2022) | $539,922 (2023) Condominiums: $417,970 (2022) | $452,000 (2023) Multi-families: $462,542 (2022) | $475,035 (2023) Homes Listed For Sale: T he number of homes listed is up by 1.5% 2023: 799 2022: 787 2021: 996 Pending Home Sales: The number of homes placed under contract is up by 10.9%

Sellers 36

Sellers Real Estate Buyers Realty 36

Lamacchia Realty

APRIL 24, 2023

In Q1 2023, the number of homes listed in Massachusetts was the lowest in recorded history. This stat is not due to a lack of buyers, but rather a lack of sellers as many are hesitating to list their homes. Sellers, list your home NOW for the most money ! Sellers, pricing your home right is crucial in this market.

Sellers 62

Sellers Buyers Inventory Real Estate 62

Lamacchia Realty

APRIL 24, 2023

Listings in New Hampshire are down significantly year over year as many sellers are hesitating to list their homes. However, listing your home NOW could get you the most money ! As such, sellers currently have the advantage but this won’t last long. As such, sellers currently have the advantage but this won’t last long.

Sellers 62

Sellers Buyers Inventory Real Estate 62

Cleveland Appraisal Blog

OCTOBER 14, 2021

THE RISE IN HOME PRICES IN THE YEARS LEADING TO 2008. On many of my appraisals at that time, my opinion of value would not support the contract price. Perhaps they were drinking the Kool-Aid that some are drinking today, that market value is whatever the purchase price is. Who would have predicted the events of 2020-2021?

Inventory 243

Inventory Market Value Appraisal Contracts 243

Eppraisal

JUNE 1, 2021

It is one of the best seller's markets the real estate industry has seen in a long time, perhaps even better than the mid-2000s. List your home for sale on the market one minute, and the next you're likely fielding offers. Home values are rising because of this. Most importantly, look at the buyer's financing.

Real Estate 64

Real Estate Contracts Sellers Buyers 64

Lamacchia Realty

FEBRUARY 14, 2023

december 2022 New England housing reports Massachusetts – New Hampshire – Connecticut December Highlights Potential sellers who are locked into low mortgage rates are hesitant to list because they don’t want to lose their low mortgage rate when they apply for a new mortgage for their future purchase.

Real Estate 41

Real Estate Sellers Contracts Buyers 41