Demand in the Lakes Region Continues Through March | Meredith Bay

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Demand in the Lakes Region Continues Through March

Demand in the Lakes Region Continues Through March

Going into 2021, we saw that the New Hampshire real estate market indicated low supply and high demand with decreases in new listings and inventory, quicker home purchases, and increased volume of closed sales. These trends have continued through the first quarter of the year. Here’s what happened in the New Hampshire real estate market so far this year.

YTD Median Sales Price increased 19.1%

YTD Days on Market decreased 42.9%

Homes for sale decreased 66.4% compared to March 2020

YTD New Listings decreased 15.6%

$ Volume of Closed Sales increased 27.4%

New Hampshire as a whole has fewer listings and inventory so far this year, but at Meredith Bay we’re hard at work building five new spec homes, including a brand new model, The Dolly. And with plans to build three more homes later this year, we aren’t slowing down. You can follow the construction of these stunning lake homes here. There’s still limited time to make selections and customize the homes to fit your preferences and style.

We also have many beautiful homesites ready for the custom design of your choosing — just pick your favorite homesite and we’ll make your dream lake home come to life.

A LOOK AT THE REAL ESTATE MARKET IN 2020

  • March 2020
  • March 2021

All info from New Hampshire Realtors’ January 2021 Monthly Indicators. For the full report, click here

 

If you’re looking to make your dream of owning a lake home a reality, contact us today.

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