What’s Happening in the New Durham New Hampshire Housing Market? – December 8, 2025 Update

SELLER’S SNAPSHOT

• Market Activity: Inventory is relatively low, with only 13 active listings and 4 pending sales. The pending ratio is 31%, showing moderate demand relative to supply.
• Pricing: The average active list price is $717,685, while sold homes averaged $678,387 (final list price). Sellers are achieving 101.1% of their final list price on average, indicating some properties are still selling above asking.
• Days on Market: The average days on market for active listings is 67, but sold listings averaged just 55 days, with a median of 43 days. Well-priced homes are moving faster.
• Negotiation Power: Sellers are retaining strong negotiating power, with homes selling at 101.1% of final list and 99.7% of original list price.
• Months’ Supply: At 3.1 months, inventory is below the balanced market threshold (typically 5-6 months), favoring sellers but less so than in a hyper-seller’s market.

BUYER’S SNAPSHOT

• Choice & Competition: Selection is limited, and competition is present, especially for well-priced homes. The pending-to-active ratio and quick sales indicate buyers need to act decisively.
• Pricing Trends: Buyers should expect to pay close to, or slightly above, asking price for desirable properties. Negotiation room is minimal, but not nonexistent.
• Speed: The window to make offers is narrow—average time on market for sold homes is under two months.
• Segment Opportunities: The lower price segments ($0–500k) see more activity and slightly more negotiation room, while higher-end properties ($1M+) have a 100% pending ratio but very few listings, indicating that when they do come up, they move quickly.

KEY TAKEAWAYS

• For sellers: Pricing right is critical. Homes are selling fast and at or above asking, but overpricing leads to longer days on market.

For buyers: Be prepared to move quickly and make strong offers for well-priced homes. Limited inventory means competition remains, particularly in entry and mid-level price ranges.



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