Sales drop 30 percent

The number of September residential sales in New Hampshire dropped by 30 percent compared to a year prior, and affordability remained at a low point as the median price of those sales hit an all-time September high at $490,000.

It has been more than two years since the state saw an increase in year-over-year monthly sales, and the string of consecutive median price increases dates back to February 2020, a span of 43 months.

The New Hampshire affordability index was 59 for the second consecutive month, equaling the lowest point in NHAR's recorded history and a 15 percent drop from September 2022. That means the state's median household income is just 59 percent of what is necessary to qualify for the median-priced home under prevailing interest rates.

While inventory remains low and a primary driver of the affordability crisis, months' supply ticked up slightly, increasing by 11 percent to 2 months' supply, and new listings were ahead of last September by 2 percent – the first year-over-year increase since May 2022 and only the second increase in the past 25 months.

For NHAR's full slate of market data, including our Monthly Indicators report and detailed county- and town-level reports, visit our FastStats landing page. To create your own customizable and brandable market reports, visit NHAR's members-only InfoSparks page

Questions? Please email Vice President of Communications and Member Engagement Dave Cummings (, or call 603-554-7855.

Oct 16, 2023

"Amidst the sea of change to which the New Hampshire Association of REALTORS has played witness in its 85 years, one thing that has remained constant is the Realtor 'R' and the value we bring to every real estate transaction in which we take part. We are part of a unique community where our familial cooperation transcends our business competition. These are not mere platitudes, but our living ideals, and they are, in fact, the foundation on which we conduct ourselves in our day-to-day affairs."

Joanie McIntire, 2024 President, New Hampshire REALTORS