“New Hampshire residential home sales experienced the largest single-month increase on record last month (November) as sales jumped 70% from November of 2008.”  In 2008, November saw 673 sales; in 2009, there were 1,141.  The NHAR (New Hampshire Association of Realtors which tracks real estate data for the State) attributed the jump in part to the home buyer tax credit incentive.  The jump was also considered a signal that the NH real estate market is in the middle of the early stages of recovery which will head us back to a “normalized residential housing market”. The cumulative totals for 2009 are about 5% ahead of the same period last year.  Also important about the increase in the number of sales is that it has helped to drive down the statewide inventory to a 9.1 month supply.  For comparison, at the end of January, 2009, it was at a 22 month supply.  Prices do continue to lag, however, which should continue to make buying a home very attractive to buyers.  The median price of last November was at $215,000 and dropped 2.8% this November to $209,000. Source:  NH Union Leader 12/16/2009