This image is a visual representation of Seacoast Real Estate Insights for High Prices, low inventory.

Seacoast Real Estate Insights: High Prices, Low Inventory

Will fall bring changes to the real estate market? In this article, we’ll explore what these changes mean for both buyers and sellers.

Prices Surge & Sales Slowdown
The Seacoast Board of Realtors reported that the monthly median sale price of a single-family home in the 13-sample Seacoast towns topped $900,000 for the first time since the Seacoast Board of Realtors began keeping statistics back in 2010. That’s a 39.1% increase from last year.

On the flip side, there were only 50 sales in the month, the slowest July ever and off 31.5% from last year. The month ended with only 106 active listings, the fewest ever for July.

Navigating Low Inventory Challenges
With so few listings out there, it can feel discouraging to find a new home. But let’s be proactive: get ahead of the curve so that you’re well-prepared to seize any opportunity that comes your way. Don’t wait for inventory to catch up – be ready to make competitive offers when the right property emerges. Your dream home might be closer than you think!

As your go-to realtor on the Seacoast, I’m here to provide you with expert guidance and support throughout your real estate journey. Feel free to reach out, and let’s navigate this exciting market together.

Read the Seacoast Board of Realtors’ full report here.

visit Mary’s YouTube for More Insights:

Everything Exeter with Mary Strathern, NH Realtor

March 14, 2023

Welcome to Everything Exeter! I’m Mary Strathern and I am here to share with you all the great places and reasons to make Exeter, NH and the Seacoast your home!

Mary's Mortgage Minute with Laura Gibb of Blue Water Mortgage

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Mary Strathern, Exeter, NH realtor talks with Laura Gibb about different downpayment options for homebuyers – what’s acceptable and what’s not.

Mary & Pam Staging Tips Video #1

March 20, 2023

Mary Strathern, Seacoast NH realtor talks with Pam Tiberia, owner of Spruce Interiors in Hampton, NH about choosing paint colors when staging your home for sale.

Mary Strathern, Seacoast NH Realtor's Mortgage Minute

April 19, 2023

Exeter, NH realtor, Mary Strathern talks with mortgage lender Justin Perry of LoanDepot in Portsmouth, NH about mortgage rates trending down and what that means for homebuyers. 

Meet Mary Strathern, Realtor

Aug 26, 2023

Hi, I’m Mary Strathern with Berkshire Hathaway HomeServices Verani Realty! Buying a home can be stressful, but I can provide support every step of the way. Let me help you find your dream Seacoast NH home!

Mary's Mortgage Minute with Laura Gibb of Blue Water Mortgage

May 4, 2023

Mary Strathern, Exeter, NH realtor talks with Laura Gibb about different downpayment options for homebuyers – what’s acceptable and what’s not.

Mary Strathern, Seacoast NH Realtor's Mortgage Minute

April 19, 2023

Exeter, NH realtor, Mary Strathern talks with mortgage lender Justin Perry of LoanDepot in Portsmouth, NH about mortgage rates trending down and what that means for homebuyers. 

Mary & Pam Staging Tips Video #1

March 20, 2023

Mary Strathern, Seacoast NH realtor talks with Pam Tiberia, owner of Spruce Interiors in Hampton, NH about choosing paint colors when staging your home for sale.

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