Rising Prices and Low Inventory Continue into Spring | Meredith Bay

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Rising Prices and Low Inventory Continue into Spring

Rising Prices and Low Inventory Continue into Spring

The warmer weather is bringing rising prices and historic low inventory to the Lakes Region.

YTD Median Sales Price increased 20.5%

YTD Days on Market decreased 17.5%

Monthly supply of inventory decreased 11.1%

Homes for Sale decreased 19.2%

At Meredith Bay, we started the year with 5 spec homes and they are all under contract! In addition to the 5 spec homes, we’ve had 10 additional contracts this year – but that doesn’t mean we don’t have inventory available. We have a variety of homesites where you can build your own custom home on the lake. Just pick your favorite one and you’ll dream home will be a reality before you know it.

A LOOK AT THE REAL ESTATE MARKET

All info from New Hampshire Realtors’ January 2022 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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