THE LOVLIEN REPORT - July 11, 2025
The Friday Lovlien Report
New Hampshire Real Estate Market Intelligence
📆 Friday, July 12, 2025
Prepared by: David Lovlien Jr., Principal Broker
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📍 MARKET SNAPSHOT: STATEWIDE TRENDS
➤ Single-Family Homes | Active Listings
• Total Active Listings: 2,524
• Price Range: $47,000 – $25,000,000
• Average List Price: $925,159
• Median List Price: $649,900
• Average Days on Market (DOM): 61
• Median DOM: 36
💡 Insight:
We’re seeing a healthy volume of active single-family inventory across the state. With over 2,500 listings on the market, sellers are entering confidently, but buyers remain selective — as indicated by the 36-day median DOM, which is still fast by historic standards.
The average list price is heavily skewed by luxury outliers (>$10M), but the median of $649K reflects the new “normal” in many desirable towns — particularly around the Lakes Region, Seacoast, and Greater Concord.
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➤ Single-Family Homes | Under Contract
• Total Under Contract: 1,960
• Price Range: $55,000 – $6,900,000
• Average List Price: $687,228
• Median List Price: $568,500
• Average DOM: 26
• Median DOM: 10
💡 Insight:
This is the real headline: homes that are priced right are flying off the market — the median days on market for homes under contract is just 10 days.
What’s more, the under-contract average price is down ~$240K from the active average. This signals that buyers are prioritizing value over ambition — luxury homes are sitting, while move-in-ready homes in the $400K–$700K range are being absorbed fast.
Expect continued momentum in this band, especially for well-maintained properties in school-adjacent or commuter-friendly areas.
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➤ Single-Family Homes | Closed (Past 30 Days)
• Total Closed Sales: 1,415
• Sale Price Range: $80,000 – $5,900,000
• Average Sale Price: $656,038
• Median Sale Price: $560,000
• Average DOM: 18
• Median DOM: 7
💡 Insight:
The pace is real — 7 days median to contract reflects strong buyer confidence, especially in prime condition listings.
What’s especially interesting is that the median sale price ($560K) is just 1.5% higher than the under-contract median ($568.5K) — suggesting the market remains stable, not inflated, with no major signs of a pricing bubble.
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🏢 CONDO MARKET TRENDS – NEW HAMPSHIRE
➤ Active Condos
• Total Listings: 791
• Price Range: $500 – $5,450,000
• Average List Price: $548,708
• Median List Price: $497,713
• Average DOM: 76
• Median DOM: 39
💡 Insight:
Condo inventory remains limited but solid, with roughly 800 units for sale statewide. The average days on market is climbing, however — condos are sitting longer than single-families, particularly at the higher end. Buyers seem cautious about HOA fees, pet restrictions, and financing limitations.
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➤ Condos Under Contract
• Listings Under Contract: 636
• Price Range: $500 – $5,000,000
• Average List Price: $593,191
• Median List Price: $479,900
• Average DOM: 31
• Median DOM: 10
💡 Insight:
Just like the single-family segment, condos under contract are moving quickly when priced under $500K — a strong signal of first-time buyer activity or cash investors scooping up turnkey units. Properties with walkability and low monthly fees are outperforming others.
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➤ Closed Condos (Last 30 Days)
• Closed Units: 420
• Sale Price Range: $40,000 – $1,995,000
• Average Sale Price: $507,691
• Median Sale Price: $450,000
• Average DOM: 25
• Median DOM: 7
💡 Insight:
The median condo sale price sits at $450K, indicating buyers are still willing to pay solid numbers for low-maintenance living — especially in metro areas like Portsmouth, Manchester, and Concord.
The speed of sale (7 days median) once again confirms we’re still in a seller-favorable environment for well-positioned properties.
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📈 KEY TAKEAWAYS – DAVID’S WEEKLY ANALYSIS
1. The gap between active listings and under-contract listings shows buyer appetite is strong — but price-conscious. Sellers who are overreaching on price are sitting. Those priced close to market are moving quickly and often with multiple offers.
2. Condos and single-family homes in the $450K–$650K range are the market’s sweet spot. This is where demand is concentrated — and where investors should look for flips or cash flow properties.
3. The market is still moving fast. Median days on market for sold homes and condos is just 7 days. That’s a clear sign of buyer urgency — and a market that continues to favor well-priced listings.
4. Luxury inventory is bloating averages, but not driving volume. If your price is north of $1M, be ready for longer days on market, increased buyer selectiveness, and the need for strong branding, staging, and global reach.
5. We’re in a “high-floor, moderate-ceiling” market. Buyers have accepted higher price points as the norm, but aren’t tolerating homes that feel overpriced or under-improved.
📄 Disclosure:
All market data presented in this report was sourced from the PrimeMLS as of Friday, July 11, 2025. Information is deemed reliable but not guaranteed. Buyers and sellers are encouraged to verify all figures, pricing, and property details with a licensed real estate broker or appropriate professional.
Lovlien Realty Group is committed to Fair Housing and is an Equal Opportunity Brokerage. We proudly comply with all federal, state, and local real estate laws.
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💬 Thinking of Buying, Selling, or Building?
Whether you’re a first-time buyer, longtime homeowner, investor, or someone ready to build, I’m here to guide you with clarity and confidence in this market. Want a custom price analysis or to explore a new property this weekend?
📞 Call/Text Anytime: (603) 520-7925
📧 David@LovlienRealtyGroup.co
📍 Lovlien Realty Group
20 Foundry Way, Suite No. 223, Concord, NH 03301
