Mid-Year Check-In on the NH Market!

We’re halfway through 2025, making it the perfect time to take stock of what’s been happening in NH’s real estate scene.

Home prices are up 5.9% year-to-date thru June, with themedian sale price at $535,000—up from $505,000 in 2024. Homes are taking a bit longer to sell, averaging 31 days on the market, but most are still going for full asking price. There’s also been a small bump in sales: 5,055 homes sold through June, slightly up from 5,008 in 2024. But the most interesting development? Inventory is rising - new listings jumped 19% in June and the total number of homes for sale is up a striking 25.5%. That’s good news for buyers, who are finally seeing more choices and a little more negotiating power. Still, affordability remains a real hurdle, with high home prices and mortgage rates hovering just below 7%. Despite more listings, the state still only has a little over two months’ worth of inventory—a key metric that keeps New Hampshire solidly in a seller’s market.

It's a similar story zooming in on our local market of 8 towns. Sales are up slightly, the median price jumped 10%, reaching $550,000, up from $500,000, and most homes are selling for their asking price. Right now, there are just 84 homes for sale across the 8 towns. In speaking with local agents, many are feeling our local market is softening a bit. Properties are taking longer to sell, and we are seeing more price reductions.

Contact me to see how the market may impact your buying or selling goals.

        

Donna Forest

M: 603-731-5151
donna@donnaforest.com
Follow her on Facebook



New Boat Slip Listing on Lake Sunapee!

1024 Lake Avenue, Slip #49, Sunapee, NH 03782 | Offered at $359,000 | MLS #5049731

Hours of summer fun await you! There is everything here to indulge in being on the Lake Sunapee. GMBC offers 4.8 acres of waterfront property with 56 individually assigned slips. Slip #49 is located along side the club house for particularly easy access. This slip accommodates an 8.5' x 25' boat. The buildings are of a character of times gone by, but all in excellent condition serving good purposes. The site has plenty of room   for member and guest parking, as well as ample space for off-season storage of boats/trailers. There is a sandy, shallow swim area along with a deep water dock for jumping into the lake; a club house with a wonderful porch over the water, a gathering room, a kitchen, and bath, restrooms, changing rooms and lockers. All convenient to the slips. Kayak and canoe storage are handy nearby and Adirondack chairs beckon. There is also a picnic pavilion with grills and tables. Members also have the opportunity to rent the club-owned Evergreen Cottage. The Annual Fee is $1,050 with an additional $150 to the Reserve Fund and a one-time Buy-in fee of $2,500.


For More Information Contact:

        

Marilyn Kidder

Listing Broker

O 603-526-4116
marilyn@bhgmilestone.com

Just Sold in New London!

Just Sold in New London! If you’re thinking about selling or just want to know what your property might be worth in the current market, give Marilyn a call. She would be happy to help you next! For the best selling, buying, or renting experience, call "The Best Team in Town" at 603-526-4116!


New Listing in Bradford!

3008 State Route 114, Bradford, NH 03221 | Offered at $849,999 | MLS #5049228

Escape the ordinary and step into a thoughtfully designed retreat featuring a 3+ bedroom main home, a sunny 2-bedroom apartment, 5 garage baysand peaceful brook views — all just minutes from Mt. Sunapee and Lake Massasecum. A combination of comfortable and classic, this unique home with attached 2-car garage also comes with a detached apartment/ADU with a 3-car garage below.  (Check out the 3D tours) Built in 2006 with its own septic and electric meter, it’s ideal for in-laws, Airbnb, or long-term rental for extra income. Tucked back from the road and surrounded by trees that have been thoughtfully cleared to reveal views of the nearby brook, enhancing the tranquil setting. The owners have done many improvements including the construction of exquisite granite boulder terracing, a 3-season sunroom you’ll never want to leave, mini-splits, new septic system, new roofs, the list goes on. The main house offers the warmth of pine floors, two toasty woodstoves, a comfy living room with a cathedral ceiling and plenty of sleeping space. Perfectly located – skiing is only 13 miles to Mt. Sunapee Resort or 7.5 miles to Pat’s Peak Ski Area, I-89 is 10 miles away and you are just around the corner from Lake Massasecum’s public boat launch and close to the town beach & picnic area. Also, it is an easy drive to Route 9/202 and the college town of Henniker. It’s the perfect location for year-round or vacation home living.


For More Information Contact:

        

Donna Forest

Associate Broker

M 603-731-5151
donna@donnaforest.com

New Listing in New London!

157 Seamans Road, New London, NH 03782 | Offered at $998,000 | MLS #5047145

This home is a hidden gem on 10.2 acres of level meadows edged with woods within walking distance of Main Street in New London. Originally a barn, it was raised in 1996 and a full foundation was added. Along with using parts of the original to construct the home, the owners created a core and upper level of beautiful, post and beam construction of hand-selected materials. Also added was an exposed floor-to-ceiling chimney creating fireplaces with handsome glass doors on both the main and upper levels. The silo provides the winding stairs to all levels with a wonderful viewing spot at the top. You will easily settle into this home's charm and comfort. The setting offers privacy where you can use your imagination to creatively approach the land. This is a wonderful and unusual opportunity practically in the center of town.


For More Information Contact:

        

Marilyn Kidder

Listing Broker

O 603-526-4116
marilyn@bhgmilestone.com

Happy 4th of July!


Happy 4th of July from all of us at Better Homes and Gardens RE The Milestone Team!

 

Just Sold in New London!

Just Sold in New London! It’s the power of two! Marilyn and Deb put their combined experience to work for a smooth and successful sale! For the best selling, buying, or renting experience, call "The Best Team in Town" at 603-526-4116!

 

New Boat Slip Listing in Sunapee!

1024 Lake Avenue, Slip #13, Sunapee, NH 03782 | Offered at $275,000 | MLS #5042265

Hours of summer fun await you! There is everything here to indulge in being on the Lake Sunapee. GMBC offers 4.8 acres of waterfront property with 56 individually assigned slips. Slip #13 accommodates an 8' x 22' boat. The buildings are of a character of times gone by, but all in excellent condition serving good purposes. The site has plenty of room for member and guest parking, as well as ample space for off-season storage of boats/trailers. There is a sandy, shallow swim area along with a deep water dock for jumping into the lake; a club house with a wonderful porch over the water, a gathering room, a kitchen, and bath; restrooms, changing rooms and lockers. All convenient to the slips. Kayak and canoe storage are handy by and Adirondack chairs beckon. There is also a picnic pavilion with grills and tables. Members also have the opportunity to rent the club-owned Evergreen Cottage. The Annual Fee is $1,050 with an additional $150 to the Reserve Fund and a one-time Buy-in fee of $2,500.


For More Information Contact:

        

Marilyn Kidder

Listing Broker

O 603-526-4116
marilyn@bhgmilestone.com

The Cost of Waiting to Buy

Every buyer wants to purchase at a great price and a low mortgage rate as that is a major factor in the monthly cost. Here’s how today’s buyers are being impacted:

Price – Based on a home price expectation survey released by Pulsenomics on April 15, more than 100 housing experts predict a 3.4% annual gain in US home values for 2025. Values are forecasted to increase 3.3% in 2026. The Fannie Mae survey expects that home prices will rise at least through 2029.

Mortgage Rates – The average fixed 30 yr. rate is 6.88% this week, according to Bankrate’s latest lender survey. Experts project rates could be in the mid-to-low 6% range by the end of the year as greater uncertainty unfolds in the economy.

If you're holding off on buying a home, hoping mortgage rates will drop, it's important to also consider where home prices are headed. Experts expect prices to keep rising — which means waiting could end up costing you more, even if rates improve. Buying now lets you start building equity sooner and take advantage of today’s market before prices climb higher. 

Contact me if you would like expert advice on buying in today’s challenging market.

        

Donna Forest

M: 603-731-5151
donna@donnaforest.com
Follow her on Facebook

Wondering What The Quarter 1 Stats Looked Like for Merrimack County?

Single Family Residentials

Closed Sales: 240
+5.3% compared to Q1-2024

Median Sales Price: $485,000
+7.8% compared to Q1-2024

Days on Market: 35
+25.0% compared to Q1-2024

Condos

Closed Sales: 64
+28.0% compared to Q1-2024

Median Sales Price: $347,500
+10.3% compared to Q1-2024

Days on Market: 39
+25.8% compared to Q1-2024

Current as of April 5, 2025. All data provided by NHAR.

Whether you are buying or selling, we are the local experts… experienced agents who listen to our clients and know our marketplace. Our goal is to ensure that your real estate experience with The Best Team in Town surpasses all expectations! Get in touch! We’d love to make YOU our next success story!